June 08, 2007

Charles Schalliol to Focus on Private Equity, Venture Capital

Charles E. Schalliol will join Baker & Daniels LLP on June 11 after leaving his post as director of the Indiana Office of Management and Budget. Schalliol recently announced his intention to leave state government after 2½ years and return to the private sector.

Schalliol was Indiana Governor Mitch Daniels' first appointment following the November 2004 election. During his tenure as state budget director in the Daniels administration, Schalliol led the public financing package to construct Lucas Oil Stadium and expand the Indiana Convention Center, as well as plan and implement the leasing of the Indiana Toll Road.

Prior to working in state government, Schalliol was the first president and CEO of BioCrossroads, the Indiana-based life sciences initiative, and worked at several executive-level positions at Eli Lilly and Company, principally in strategic planning, investment banking and business development.

"Baker & Daniels is well known for its leadership in the areas of life sciences, venture capital and corporate finance matters," said Schalliol. "I look forward to working in those focus areas with the firm's attorneys and their clients to advance the state's economic and life sciences base."

Schalliol will join the firm as Of Counsel. He'll work in Baker & Daniels' 96th Street office, where he will focus on life sciences, private equity and venture capital matters.

"Chuck is well respected in Indiana and considered a leader in life sciences and business development. We're honored to add him to our distinguished staff," said Brian Burke, CEO and chairman of Baker & Daniels. "As the first leader of BioCrossroads and through his work at Eli Lilly and Company and the state of Indiana, Chuck brings valuable experience and expertise to our capital market and life science clients."

Schalliol holds a business degree with high distinction from Indiana University and a law degree from Yale University. He is active on several boards of directors of both for-profit and not-for-profit corporations.

Founded in 1863, Baker & Daniels LLP is one of Indiana's largest law firms. With more than 375 lawyers and consulting professionals, Baker & Daniels serves clients in regional, national and international business and litigation matters from offices in Indianapolis, Fort Wayne, South Bend and Elkhart, Ind.; Washington, D.C.; and China. For more information about Baker & Daniels, visit www.bakerdaniels.com .
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