Ray Strimaitis served as vice president of intellectual property and deputy general counsel for Yahoo! Inc. and vice president of Excalibur IP, LLC. He led a global team of IP professionals and was responsible for all IP matters at Yahoo! and Excalibur. As part of his role, Mr. Strimaitis was responsible for setting patent strategy, monetizing the Yahoo! and Excalibur patent portfolios, managing patent risk, guiding patent advocacy and overseeing all trademark/copyright matters. During his tenure at Yahoo!, Mr. Strimaitis successfully established and led a program to monetize Yahoo! patents that generated $600 million in patent sales and license transactions. In 2016 he led the effort to form Excalibur IP, LLC – a wholly owned Yahoo! subsidiary that was created to further optimize patent value to Yahoo! shareholders. Under Mr. Strimaitis’s leadership, the Yahoo! IP department was recognized by the Association of Corporate Counsel as being among the industry’s top IP law departments and nominated for a Global Counsel Award in 2016. Before joining Yahoo!, Mr. Strimaitis served in various legal, management and patent monetization roles at IBM. He holds a BS in electrical engineering and a JD from Cleveland State University.