SoftBank’s Top Lawyer Steps Down Amid Investment-Side Departures

SoftBank Group Corp. Chief Legal Officer Robert Townsend will retire at the end of the month, according to an internal memo viewed by Bloomberg Law.

Townsend recently told SoftBank employees that he will move into a senior advisory role at the Tokyo-based technology conglomerate. The company’s board has tapped deputy general counsel and group compliance officer Timothy Mackey to replace him as legal chief, Townsend said.

“I look forward to continuing to work with you all,” Townsend wrote in the memo.

Townsend is a former co-chair of the global mergers and acquisitions practice at Morrison & Foerster who moved into ...