Chief Legal Officer
STRAbout the role
The Chief Legal Officer (CLO) is a senior executive leader responsible for overseeing all legal, regulatory, and compliance matters at STR. The CLO reports to the CEO and is pivotal in safeguarding STR’s legal interests, ensuring compliance with applicable laws and regulations, and providing strategic legal counsel to senior leadership and the Board of Directors. The CLO works as a strategic business partner integrating legal considerations into STR's overall strategic planning and decision-making processes. This role combines deep legal expertise with sound business judgment to enable innovation, growth, and mission success.
Duties of the position include:
- Strategic Legal Leadership: Serve as principal legal advisor to the CEO, executive leadership, and the Board of Directors on corporate governance, regulatory compliance, risk management, and major corporate transactions. Ensure enterprise legal considerations are integrated into STR’s strategic planning and decision-making.
- Securities, Disclosure, and Public Company Readiness: Lead legal support for IPO readiness and public-company compliance, including securities-law matters, S-1 registration statement preparation, SEC comment process, public-company disclosure controls, periodic and current reporting, Regulation FD, insider trading, Section 16, Rule 144, Rule 10b5-1 trading plans, lock-up arrangements, stockholder communications, annual meeting and proxy matters, and coordination with outside securities counsel, underwriters’ counsel, auditors, and other advisors.
- Government Contracts: Oversee legal aspects of all federal government contracting and related regulatory requirements (FAR, DFARS, CAS, other transactions, etc.). Support the Contracts organization with legal oversight of proposal development, contract negotiation, administration, dispute resolution, investigations, claims, and bid protests. Act as escalation point for significant, novel, or high-risk contract issues in accordance with STR’s Delegation of Authority. Train internal stakeholders on legal risks and evolving requirements on government contract law.
- Commercial Law: Provide counsel on commercial transactions, UCC, risk management, and dispute resolution.
- Corporate Governance: Lead legal support for the Board of Directors and its committees, including Board and committee governance processes, charters, corporate governance guidelines, Board and committee materials, minutes, and resolutions, director onboarding, Board evaluations, stockholder approvals, and public-company governance best practices.
- Related-Person Transactions and Conflicts Governance: Oversee legal processes related-person transactions, including D&O questionnaires, director and officer independence questionnaires, Regulation S-K Item 404 analysis, related-person transaction policy administration, and coordination with the Audit Committee and disclosure committee.
- Equity, Insider Trading, and Stockholder Matters: Oversee legal aspects of equity transactions, equity plan administration support, lock-up agreements, insider trading policy, 10b5-1 plans, Section 16 reporting, Rule 144 / Rule 701 matters, anti-hedging and anti-pledging policies, and stockholder-related legal matters.
- Litigation Management: Oversee and manage all litigation and major investigations involving STR. Engage, coordinate, and manage outside legal counsel as needed to safeguard the company’s interests. Lead responses to government inquiries and enforcement actions.
- Intellectual Property: In collaboration with the CTO and business leadership, oversee the development, protection, enforcement, and strategic commercialization of the company’s intellectual property, including patents, trademarks, copyrights, trade secrets, and technology licensing. Oversee creation and maintenance of intellectual property records.
- Export Compliance Legal Support: Provide legal guidance and oversight to ensure compliance with International Traffic in Arms Regulations (ITAR) and Export Administration Regulations (EAR). Advise senior leadership and the export compliance function on policy development, risk mitigation, and incident response. Collaborate with the SVP Contracts (or designated Export Compliance Officer) who will maintain day-to-day responsibility for the administration and operational implementation of STR’s export compliance program.
- Regulatory Affairs: Monitor and respond to changes in laws and regulations that affect STR’s operations. Provide guidance on regulatory compliance and work with regulatory agencies as needed.
- Legislative Affairs: Support Chief Strategy Officer in activities, processes, and responsib
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