On Friday, Delaware Supreme Court Chief Justice Myron Steele announced that he would retire effective November 30th, three years ahead of the end of his 12-year term. As noted in this article, Chief Justice Steele has served on the bench in Delaware for 25 years – and as Chief Justice since ’04.
This is a big loss for the Delaware bench. I first met the Chief Justice when we taped a panel about director duties after the Disney case for our “2nd Annual Executive Compensation Conference” in 2005. He was also kind enough to participate in a webcast on this site in ’07 entitled “An M&A Conversation with Chief Justice Myron Steele.” We wish him the best of luck in retirement or whatever he plans to do!