Business-People-Stairs

After 16 years, Lawrence F. Shay is set to retire from InterDigital Inc. of Wilmington.

Shay joined InterDigital in 2001 as chief legal officer and occupied various roles, most recently as senior executive vice president of intellectual property, said InterDigital in a statement. Prior to InterDigital, Shay was a partner at Dilworth Paxson where he practiced law for 14 years.

At InterDigital Shay is responsible for overseeing all of the company’s activities pertaining to cellular wireless technology, including long-term research and development under InterDigital Labs, participation in wireless standards bodies, the negotiation and administration of license agreements, the advancement of market-ready technologies toward commercialization and strategic patent sales and joint ventures.