14 November 2017
Princeton
Reporter: Barney Dixon

AST hires former Yahoo! vice president


Allied Security Trust (AST) has hired former Yahoo! vice president and deputy general counsel, Ray Strimaitis.

Strimaitis will work in the newly created role of vice president of corporate development & global strategy, reporting to Russell Binns, CEO of AST.

He will lead AST’s member acquisition strategy and help the organisation’s global growth strategy.

Binns commented: “Ray Strimaitis brings a distinguished track record as a visionary executive and IP counsel with expertise that spans all aspects of the IP markets.”

He said: “I am confident that Ray Strimaitis’s global experience and strategic vision will prove instrumental to our evolution as an organisation as we seek new ways to better serve the interests of our members, including expanding into new geographic markets and industries.”

“Ray’s deep familiarity with the AST organisation gives him a valuable perspective as to the benefits of our unique, non-profit collaborative and to the challenges that current and prospective members face when accessing the patent marketplace. I am delighted to welcome him to AST in this new capacity.”

Strimaitis added: “I know firsthand the unique and valuable role the organisation plays in helping companies mitigate patent risk and in providing data and insights on the latest happenings in the IP marketplace.”

“I look forward to working closely with Russell Binns and the rest of the AST team to advance AST’s evolution and leadership position in providing effective patent risk mitigation and strategies that benefit companies across the globe.”

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