Kimble Charles Cannon is of counsel in the Washington, D.C. office of Gibson, Dunn & Crutcher LLP and a member of the firm's Corporate Transactions Practice Group and Financial Institutions Group.
Prior to joining Gibson Dunn, Mr. Cannon was an investment banker with a major Wall Street firm, where he was involved in transaction execution and corporate finance coverage of financial institutions, entertainment-media companies and consumer-retail companies. In this capacity, he performed in an advisory role on a range of transactions including initial public offerings, debt & equity issuances and mergers & acquisitions. For example, Mr. Cannon and his team advised the board of directors of Itaú in its 2008 merger with Unibanco, creating Brazil's largest bank. In the financial institutions space he also has experience addressing related regulatory considerations, including bidding on FDIC-seized banks & deposits and advising on whether to participate in and repay funds under the U.S. Troubled Asset Relief Program (TARP).
Prior to working as an investment banker, Mr. Cannon was an attorney at the U.S. Securities and Exchange Commission (SEC) where he was Counsel to Commissioner Paul S. Atkins and Senior Counsel in the Division of Enforcement. In the latter capacity, Mr. Cannon analyzed investment bank involvement in securities lending, including cash collateral investment practices, the negotiation of rebate rates and the tax treatment of unqualified dividends, and he also performed as a lead attorney in investigating and prosecuting numerous insider trading and market manipulation cases. Prior to his tenure at the SEC, Mr. Cannon was a corporate attorney at Cleary Gottlieb Steen & Hamilton and the founder and CEO of an online media company focused on the Chinese market.
Mr. Cannon graduated cum laude from Duke University and received his J.D. from Columbia University Law School, where he was a Harlan Fisk Stone Scholar and an editor of the Columbia Journal of Law and the Arts. He received his M.B.A. from the Wharton School at the University of Pennsylvania, where he concentrated in finance. Mr. Cannon served as law clerk to U.S. District Court Judge Robert J. Ward in the Southern District of New York and to Chief U.S. District Court Judge Norman C. Roettger in the Southern District of Florida.
Mr. Cannon has written a number of client releases relating to financial institutions in the current economic environment, including "Release of FDIC Policy Statement on Qualifications for Failed Bank Acquisitions by Private Capital Investors", "Release of BankUnited Bid Forms Shows Complexity of FDIC Decision Process", "Private Equity Interest in Banks – Government Assisted versus Private Transactions, a First Look at Temecula Valley Bancorp", and "Details of Public-Private Investment Fund Released; Executive Compensation Restrictions Will Not Apply to Private Participants".
Mr. Cannon has also published multiple articles in the Columbia Business Law Review and the Securities Regulation Law Journal with positive citations in many journals including the Yale Law Journal, Stanford Law Review, University of Pennsylvania Law Review and Duke Law Journal. Mr. Cannon taught corporate law as an adjunct professor at the University of Miami School of Law and at the Georgetown University Law Center.