The company, which goes by the brand name DISCO, has named Scott Hill as interim CEO while the board of directors searches for a permanent successor. Hill has served as a member of DISCO’s board since June 2021 and was previously chief financial officer of Intercontinental Exchange.
The company said that Camara plans to make himself available to assist Hill during the transition.
The 39-year-old Camara made international news this summer when the Wall Street Journal reported that he earned almost $110 million last year — more than Apple CEO Tim Cook. That was based on $500,000 in salary and $109 million in stock options. The year before, he earned $1 million.
In July 2021, under Camara’s leadership, DISCO became one of just a handful of legal technology companies ever to go public, listing on the New York Stock Exchange.
Camara, who was also the youngest-ever graduate of Harvard Law School, was on my LawNext podcast in 2021 where he shared his backstory and discussed DISCO’s IPO.
Interim CEO Hill joined DISCO’s board of directors in June 2021. He has served as Chair of the Compensation Committee and as a member of the Audit Committee. Prior to joining DISCO, he CFO of Intercontinental Exchange from May 2007 to May 2021. Before that, Hill was an international finance executive for International Business Machines Corporation from 1991 to 2007.
“DISCO was founded on the idea that better technology can improve legal outcomes and improve the experience of practicing law,” Krishna Srinivasan, chair of DISCO’s board of directors, said in a statement. “Now, we look forward to continuing our technology leadership by applying the latest advances in AI to legal problems. We are grateful to Kiwi for his vision, passion, and dedication to DISCO over the past decade.”
Read more about DISCO in the LawNext Legal Technology Directory.