
Stasia Kelly is a partner in DLA Piper’s White Collar, Corporate Crime and Investigations practice, based in Washington, DC. She is also a member of DLA Piper’s Corporate and Finance and Public Company and Corporate Governance practices.
Previously, she was with American International Group (AIG), where until the end of 2009 she was vice chairman in charge of global legal, compliance and regulatory functions, government relations, communications, corporate affairs and human resources. Kelly joined AIG as executive vice president, general counsel and senior regulatory and compliance officer in 2006. In the wake of the financial crisis, she was named AIG’s vice chairman in January 2009.
Prior to joining AIG, she was executive vice president and general counsel of MCI/WorldCom. There, she served as the chief legal officer in the company’s restructuring from 2003 until its acquisition by Verizon in 2006.
Previously, she was senior vice president and general counsel of Sears, Roebuck and Co. There, Kelly restructured the legal and compliance teams in the wake of the company’s Bankruptcy Code issues in its credit card division.
Before her tenure at Sears, she served as the senior vice president, general counsel and corporate secretary at Fannie Mae. At Fannie Mae, she centralized the company’s legal and compliance function and upgraded the talent across Fannie Mae’s five offices nationwide.
Earlier in her career, Kelly was a partner and associate with Wilmer, Cutler & Pickering (now Wilmer Hale) where her practice spanned several areas of law, including regulation of financial institutions and securities firms, corporate and securities and intellectual property. She was also associated with Carrington, Coleman, Sloman & Blumenthal, of Dallas, where her practice encompassed general and business litigation.
She serves as a director of O-I (formerly, Owens-Illinois), the world’s largest manufacturer of glass packaging, and as a trustee of the Carey School of Business at The John Hopkins University. Kelly is also a member of the Rock Center for Corporate Governance at Stanford University Law School. She is past chair of Equal Justice Works and a director of Lawyers for Children America and the International Institute for Conflict Prevention & Resolution. She is a member of the Texas Bar, the District of Columbia Bar and the American Bar Foundation.
A director’s safest, easiest decision may not be the best for shareholders.
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