Jay B. Stephens
Director, Atlantic Legal Foundation
Member, Executive Committee
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 was formerly senior vice president, general counsel and secretary of Raytheon Company (NYSE: RTN). He is a member of Raytheon’s senior leadership team and participates in the operational management and strategic planning of the company. Raytheon Company, with 2011 sales of $25 billion and 71,000 employees worldwide, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. Raytheon’s global headquarters is in Waltham, Mass.
Stephens has served in a variety of senior executive, leadership and legal positions in both government service and in the private sector. Prior to joining Raytheon, he served as Associate Attorney General of the United States. He was appointed to that position by the President following Senate confirmation. In that position, he had primary responsibility for providing leadership and policy oversight for the civil components of the Department of Justice. These included the Antitrust, Civil, Civil Rights, Environment and Natural Resources, Justice Programs and Tax divisions of the Department.
Before becoming Associate Attorney General, Stephens was corporate vice president and deputy general counsel for Honeywell International (formerly AlliedSignal). There, he served as the senior legal officer for a number of the company’s diversified businesses, led the company’s litigation and regulatory functions and chaired its integrity and compliance program.
From 1993 to 1997, Stephens was a partner in the Washington, D.C., office of the law firm of Pillsbury, Madison and Sutro, where his practice focused on complex litigation, regulatory matters and corporate governance issues. He also served as co-managing partner of the firm’s Washington office.
In 1988, Stephens was appointed by the President following Senate confirmation to serve as the U.S. attorney for the District of Columbia. For five years he provided leadership, policy guidance and litigation oversight for the nation’s largest federal prosecutor’s office, which investigated and prosecuted cases involving public corruption, terrorism, national security matters, fraud, narcotics and violent crime, and also represented the government in a variety of civil regulatory and litigation matters.
From 1986 to 1988, Stephens served in the White House as Deputy Counsel to President Reagan, where he was responsible for a wide range of legal policy and regulatory issues and for providing counsel and advice to the President and senior White House staff.
From 1973 to 1985, Stephens served in a variety of positions with the U.S. Department of Justice and in the private sector, including Principal Associate Deputy Attorney General, Assistant U.S. Attorney and Assistant Special Watergate 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.
Stephens graduated from Harvard College magna cum laude and Phi Beta Kappa with a bachelor’s degree in government, attended Oxford University on a Knox Fellowship, and earned his Juris Doctor degree cum laude from the Harvard Law School. He currently serves on the board of directors of the New England Legal Foundation, the Atlantic Legal Foundation, and the National Association of Former United States Attorneys, where he is President of the Association. Stephens also serves on the advisory board of the Georgetown Law School Corporate Counsel Institute, as well as on the General Counsel Committee of the National Center for State Courts, and as a trustee of the American Friends of New College, Oxford.