Shai previously served as President of Kroll, providing direct oversight of the company’s business units and operational functions. Prior to assuming the role of President, Shai served as the President of Kroll’s Business Services division. Shai led the formation of this division of Kroll through his leadership of the acquisition, operation and growth of Restructuring Administration (formerly Prime Clerk), Settlement Administration, Issuer Services, Agency and Trustee Services, Notice Media Solutions and Business Support Solutions.
Shai joined Kroll in 2019 through the company’s acquisition of Prime Clerk, which was a portfolio company of The Carlyle Group. Shai co-founded Prime Clerk in 2013 and served as Chairman of its Board of Directors and Chief Executive Officer.
Before establishing Prime Clerk, Shai was a Partner in the Business Finance & Restructuring department of Weil, Gotshal & Manges, where he led some of the largest and most complex restructurings in history, including those of Lehman Brothers, American Airlines, Global Crossing, Loral Space & Communications, Atkins, Silicon Graphics and many others. At Weil, Gotshal & Manges, he was appointed to many leadership roles during his tenure, including the Firm Committee, and the investment, hiring and technology committees.
Shai is an accomplished leader and currently serves as:
- Vice Chair of the Board of Overseers of the Benjamin N. Cardozo School of Law
- Member of the Board of Advisors for both the College of Arts and Sciences and the School of Public Affairs of the American University
- Member of the New York Advisory Board of Facing History & Ourselves
- Board member of the Foundation for Education in Honduras
- Member of the Board of Directors, UJA-Federation of New York
- Executive committee member of the Lawyers Division of UJA-Federation of New York
Shai holds a B.A. in political science and government from American University and a J.D. from the Benjamin N. Cardozo School of Law.
