Jay B. Stephens - Of Counsel

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Jay B. Stephens

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Washington, D.C.
Phone: +1 202-879-5265
Fax: +1 202-879-5200
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Professional Profile

Jay B. Stephens is Of Counsel in the Washington, D.C. office of Kirkland & Ellis LLP. He practices in collaboration with attorneys across the Firm to support client engagements by counseling boards and senior management on corporate governance, transactional, and enforcement matters; by advising clients regarding complex internal investigations, compliance issues and regulatory enforcement strategies; and by contributing to the sound resolution of regulatory and litigation disputes.

Jay has served in a variety of senior executive, leadership, and legal positions in government service, business enterprise, and private practice. His significant leadership experience in law, business, and government service gives him a foundation from which to provide sound advice and creative solutions for complex governance, regulatory compliance, global business, and dispute resolution matters. He has served in senior leadership positions in the White House, the Department of Justice, global business enterprises, and major international law firms. He has hands-on operational experience advising in the board room, litigating in the courtroom, negotiating in the conference room, and collaborating with teams of talented colleagues to achieve positive results. For the past more than 12 years, he served as Senior Vice President, General Counsel, and Corporate Secretary of Raytheon Company, a global enterprise with businesses in defense technologies, intelligence, and cybersecurity. As a member of Raytheon’s senior leadership team, he participated in the operational management and strategic planning of the company. In his role as General Counsel, Jay led the company’s legal and regulatory affairs, ethics and compliance programs, and corporate governance activities. He also supervised corporate staff activities in the areas of risk management, safety, and environmental quality. Under his leadership, the company received national recognition for its outstanding governance, global compliance, safety, environmental sustainability, and ethical education programs.

Memberships & Affiliations

Chair, Washington Legal Foundation Legal Policy Advisory Board

Board of Directors, New England Legal Foundation

Board of Directors, Atlantic Legal Foundation

Counsel to the Board of Directors and Past President, National Association of Former United States Attorneys

Advisory Board, Georgetown Law School Corporate Counsel Institute

Trustee, American Friends of New College, Oxford

Other Distinctions

Lifetime Achievement Award, NYSE Governance Services, 2015

Named one of “America’s Outstanding General Counsel” by the National Law Journal, 2014

1st Annual John G.L. Cabot Award, New England Legal Foundation, 2014

Named to Corporate Counsel 100—The Legal 500 United States, 2013

Prior Experience

Raytheon Company, Senior Vice President, General Counsel and Corporate Secretary, 2002-2015

Associate Attorney General of the United States, 2001-2002

Honeywell International, Corporate Vice President and Deputy General Counsel, 1997-2001

Pillsbury, Madison and Sutro, Partner, 1993-1997

United States Attorney for the District of Columbia, 1988-1993

Deputy Counsel to President Reagan, 1986-1988

From 1973 to 1985, Jay served in a variety of positions with the United States Department of Justice and in the private sector, including Principal Associate Deputy Attorney General, Assistant United States Attorney, and Assistant Watergate Special Prosecutor. He also worked as an assistant general counsel with the Overseas Private Investment Corporation and as an associate with the Washington law firm of Wilmer Cutler & Pickering.

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