Welcome

Trucking Startup Convoy Names Third Legal Chief in Three Months

July 14, 2021, 10:00 AM

Convoy Inc., a trucking software company backed by technology titans Bill Gates and Jeff Bezos, as well as former politician-turned-environmentalist Al Gore, is once again looking for a new general counsel.

The Seattle-based company, which provides an Uber Technologies Inc.-like service connecting truck drivers and carriers with those seeking freight shipping services, saw its acting head of legal Megan Lutes depart this week to become general counsel for Glowforge Inc., a 3D and laser printing company.

Lutes, a former director of legal at Convoy, took over the company’s top legal role in May following the departure of former general counsel and corporate secretary Diankha Linear. Community.com Inc., a Santa Monica, Calif.-based text message startup that earlier this year received a $40 million investment from the venture arm of Salesforce.com Inc., hired Linear that same month to be its new COO.

Sam Hallock, a Convoy spokeswoman, told Bloomberg Law in an email that the company has tapped director of legal Peter Hisken to serve as its interim head of legal while it searches for a new general counsel. Hisken joined Convoy two years ago as a senior corporate counsel, having previously worked at Spaceflight Industries Inc. and Nordstrom Inc., the retailer where Linear also spent four years in-house.

Lutes had been at Convoy for more than three years. The company hired her as a senior corporate counsel in mid-2018 from an in-house legal role at Moss Adams LLP, a Seattle-based accounting and consulting firm. Before that Lutes worked at Expeditors International of Washington Inc., a Seattle-based logistics company, after beginning her career at local law firm Davis Grimm Payne & Marra.

Lutes didn’t respond to a request for comment about her departure from Convoy. In a July 12 statement from her new employer, Lutes said she’s excited to join an “innovative and transformative” company like Glowforge, which joins other 3D printing companies in the market for legal talent.

“Great ambitions can bring with them great challenges,” said Lutes, adding that she hopes to assist the company’s leadership team “as we help our users reimagine the way everyday items can be made.”

Glowforge, founded in 2014, reportedly turned down nearly $2 million last year in Paycheck Protection Program funds. The company has raised over $70 million to date, compared to more than $665 million in total funding raised by Convoy, which has been valued at $2.7 billion.

The trucking startup, founded in 2015, saw Gates’ Cascade Investment LLC take part in a $62 million fundraising round in mid-2017. Alphabet Inc.’s growth equity fund invested the following year to push its valuation above $1 billion.

Generation Investment Management LLP, a sustainability-focused investment firm led by former Vice President Gore, led another $400 million fundraising by Convoy that closed in November 2019.

Community.com, for its part, has banked roughly $90 million in total funding. The company’s other backers include actor and entrepreneur Ashton Kutcher. Linear, its new COO and Convoy’s former top lawyer, like Lutes, also previously worked at Expeditors International.

Prior to her in-house career, Linear spent 16 years in the U.S. Army in a variety of roles, including transportation and logistics officer, civil affairs chief of staff, and trial counsel in the Judge Advocate General’s Corps. Linear, a diversity and inclusion advocate, joined Community.com after the departure of its general counsel, Jacob Feldman, who took a corporate counsel job at Amazon.com Inc.

To contact the reporter on this story: Brian Baxter in New York at bbaxter@bloomberglaw.com

To contact the editor responsible for this story: Chris Opfer at copfer@bloomberglaw.com

To read more articles log in.

Learn more about a Bloomberg Law subscription.