Bryan Cave Leighton Paisner co-chair Lisa Mayhew is leaving her post at the end of the year, the firm announced Friday morning, while fellow co-chair Steve Baumer was selected for a new role as global CEO and confirmed by a vote of the partnership. Baumer will take the helm in January 2024.

Mayhew finishes her second leadership term at the end of the year and was not eligible for the new CEO role under the firm’s succession plan, the firm stated. Baumer will be assisted by a senior partner based outside the U.S. who BCLP said it will announce in September.