Tax Partner from Bakers to join GE Treasury as Transfer Pricing Leader

Baker & McKenzie tax partner Holly Klus McClellan, from the Firm’s Chicago office, will soon join the corporate tax group at General Electric as Transfer Pricing Leader, Tax Counsel, for Treasury and Capital Markets, effective August 16, 2010.

Ms. McClellan has been with the Firm since 1998 and has extensive experience in advising large multinational companies on a broad range of international tax and tax controversy matters, with emphasis on transfer pricing.

In her new role, Ms. McClellan will be responsible for transfer pricing matters, planning, audits and other controversies related to GE Treasury’s intercompany financial transactions.

“We congratulate Holly on her new position at General Electric,” said Len Terr, head of the Firm’s North America Tax Practice Group. “Holly has been an integral member of our world-class transfer pricing team, and we are proud to see one of our own take on such an important position.”