Scribd Inc., an audio- and e-book reading subscription service that has held talks with advisers about going public, has named Laura Malinasky as its first law department leader.
The San Francisco-based company said in a blog post Thursday that Malinasky is a member of its executive team as chief legal officer and general counsel.
“I am passionate about Scribd’s mission to change the way the world reads,” she said in a statement.
Scribd cited Malinasky’s two decades of experience at technology companies that have “experienced incredible growth, unlocked capital, and transitioned into the public space.” Scribd held discussions about potentially going public at a $1 billion valuation, Bloomberg News reported last year.
John “Trip” Adler III, a co-founder of Scribd and the company’s chief executive officer, said Malinasky was hired for her background in the technology sector at private and public software and technology companies.
Her prior work “navigating the intricate legal matters faced by global companies that are undergoing intense growth,” as well as Malinasky’s international expertise, will complete Scridb’s executive leadership team as the company seeks to expand its global offerings, Adler said.
Malinasky most recently served as legal chief for Planet Labs Inc., a San Francisco-based satellite imaging outfit that clinched a $2.8 billion merger last year with a special purpose acquisition company.
Prior to Planet, which Malinasky joined in 2017, she spent three years as chief legal and human resources officer at Dynatrace Inc., a software intelligence platform that went public in 2019. The former Wilson Sonsini Goodrich & Rosati associate started her in-house career in 2002 at Incyte Corp.
Malinasky spent a year at the pharmaceutical company before joining Tibco Software Inc., a business intelligence software company where she worked for more than a decade, rising to the level of vice president of legal affairs.
She joins a team at Scribd that includes director of legal Teddy Joe, who will remain in that position, said company spokesman Bob Ferguson. Scribd hired Joe, a former associate general counsel and head of intellectual property at mobile gaming company Zynga Inc., in 2019.