Daniel P. Herrmann
Advises public and private companies on compensation and benefits aspects of U.S. and cross-border M&A, divestitures, spinoffs, IPOs and other transactions.
Dan advises clients on executive compensation and benefits matters, including in connection with U.S. and cross-border mergers and acquisitions, divestitures, spinoffs, initial public offerings and other transactions. He has experience working with both private companies of all stages and public companies, in a wide range of industries. Dan also advises clients on the design, implementation and administration of equity and cash incentive arrangements and the negotiation of employment, severance and change-in-control agreements, and related disclosure matters.
Experience highlights
Recent representations:
- Natura in its $2.525 billion sale of Aesop to L’Oréal
- Shearman & Sterling in its merger with Allen & Overy
- TPG acquisition of majority stake in Thomson Reuters’ Elite business
- SSW Partners in its $1.525 billion sale of Veoneer’s Active Safety business to Magna
- Arcade Beauty out-of-court restructuring
Dan’s representations before joining Davis Polk include the following:
- Disney in its:
- $85 billion acquisition of 21st Century Fox
- $10.6 billion sale of the Fox Regional Sports Networks to Sinclair
- $3.47 billion sale of its interest in the YES Network to an investor group including the Yankees and Sinclair
- IBM in multiple transactions, including its acquisition of WDG Automation and its acquisition of Merge Healthcare
- Lindsay Goldberg and its portfolio companies in multiple transactions, including its acquisition of the specialty papers business unit of Glatfelter and its acquisition of Crown Paper Group
- Unilever in its acquisition of OLLY Nutrition
- H.J. Heinz and 3G Capital in Heinz’s $60 billion merger with Kraft Foods to form Kraft Heinz
- Zoom Video Communications in its acquisition of Solvvy and its proposal to acquire Five9 for $14.7 billion
- One Medical in its $3.9 billion sale to Amazon
- Arena Pharmaceuticals in its $6.7 billion sale to Pfizer
- GW Pharmaceuticals in its $7.2 billion acquisition by Jazz Pharmaceuticals
- Brookfield Renewable Partners in its acquisition of TerraForm Power
- Precision Castparts in its $37 billion sale to Berkshire Hathaway
- Alere in its $8 billion sale to Abbott Laboratories
- Honeywell in its proposal to acquire United Technologies in a transaction valued at approximately $90 billion.
- Rock Tenn in its $16 billion combination with MeadWestvaco
Education
- magna cum laude
- Order of the Coif
- Managing Editor, Rutgers University Law Review
Professional history
- Counsel, 2023-present
- Davis Polk since 2022
- Associate, Cooley, 2021-2022
- Associate, Cravath, Swaine & Moore, 2014-2021
Qualifications and admissions
- State of New York