R. Scott Strait
Faculty Profile

R. Scott Strait

Lecturer R. Scott Strait is a senior IT executive with over 25 years of experience leading technology organizations. He is the chief information officer at Renewable Funding, the leader in the administration and financing of clean energy retrofits using property taxes. At Renewable Funding, he oversees technology strategy, development and infrastructure, product management, call center, and lien and lending operations.

Prior to Renewable Funding, Strait worked with two other financial industry startup companies. He was CTO at Aria Retirement Solutions, which pioneered a breakthrough guaranteed-income product, and CTO at Prosper Marketplace, which was the creator of peer-to-peer lending.

Previously, Strait spent 12 years with Charles Schwab, where he held a variety of positions, including CTO, divisional CIO for the Schwab Investor Services business serving retail investors, senior vice president of technology for back-end brokerage, cashiering and operations, and divisional CIO for the Schwab Institutional business serving independent financial advisors. As CTO and head of retail technology, he drove the development of the technology that led to Schwab’s strategy shift from transaction-based to relationship-based client experience and the complete rewrite of Schwab.com.

Prior to Schwab, Strait was with Lawrence Livermore National Laboratory and Arthur Andersen, where he was a CPA.

Strait earned a Ph.D. in engineering-economic systems from Stanford University, and holds an MBA from Lehigh University and a B.S. in civil engineering.