H5 Names Former Bank of America General Counsel to Its Advisory Board
Former Bank of America executive Paul Polking brings legal and financial services expertise to H5
SAN FRANCISCO — January 23, 2008 — H5, the leading provider of automated document analysis and information risk management services for the legal industry, today announced that Paul J. Polking, former executive vice president, general counsel, and member of the Management Operating Committee for Bank of America Corporation and its predecessor companies, has joined its strategic advisory board. As a member of H5's advisory board, Mr. Polking will help shape H5’s strategy in addressing the information management and regulatory compliance challenges of banks and other financial institutions.
"We are excited and honored to have Mr. Polking join our advisory board," said Nicolas Economou, H5's CEO. "The financial services industry is facing formidable challenges in document preservation and discovery which we at H5 address. We are fortunate to be able to benefit from his guidance and leadership."
"I am happy to assist H5 in this critical stage of its growth," said Mr. Polking. "H5 has an exceptional team and an effective approach to a deep-seated challenge that the legal industry will, or ought to, embrace."
Mr. Polking began his 34-year tenure with Bank of America in 1970, when he joined NCNB Corporation as the bank's second lawyer. He was named general counsel in 1988 and served in that capacity until retiring in 2004, at which time he presided over a legal department numbering over 230 attorneys.
NCNB, then NationsBank and now Bank of America, is widely credited with helping to dismantle geographic restrictions on banking. As the bank's general counsel, Mr. Polking was instrumental in enabling its first out-of-state acquisition, which not only triggered 70 additional acquisitions for the bank in the following 20 years, but had significant impact on the financial services industry, leading to the modern day consolidated banking system.
Mr. Polking joins a host of notable academic and business leaders advising H5, including Professor Arthur R. Miller, former Bruce Bromley Professor of Law at Harvard Law School; S. Allen Lackey, Esq., former general counsel of Shell Oil Company; Raymond L. Ocampo Jr., Esq., former general counsel of Oracle Corporation; Stanley Stroup, Esq., former general counsel and executive vice president of Wells Fargo & Company; and John C. Dean, former chairman and CEO of Silicon Valley Bancshares and Silicon Valley Bank. For more information about H5's advisory board, view the video, “Conversations with H5's Advisory Board.”
About H5
H5 is a global information retrieval company that provides a smarter way for corporations, law firms, and government agencies to meet their legal, compliance, and information management goals. Through its suite of products and services, consisting of H5 EDGE™ Information Governance Solutions and H5 On-Demand Litigation Solutions, H5 enables clients to better search, assess, and manage electronic information. Powered by its proprietary information retrieval technology, H5’s solutions are proven to reduce clients’ information management costs and minimize their risk more effectively than any other method.