WR Grace, Bank of Hawaii Looking for New Top Lawyers Next Year

Longtime law department leaders for WR Grace & Co. and the Bank of Hawaii Corp. are poised to step down at year’s end, ushering in a new in-house era for their companies.

Grace disclosed in a June 30 securities filing that general counsel Mark Shelnitz will resign after more than 37 years at the specialty chemicals giant. The company declined to say who will take over for Shelnitz, who has spent the past 15 years as general counsel at Grace and helped see it through a marathon bankruptcy case.

Mark Rossi, general counsel at Bank of Hawaii since 2007, is ...