The National Investor Relations Institute (NIRI) today announced that President and CEO Jeffrey D. Morgan will resign his position effective October 12, 2014, to pursue an opportunity with another association. NIRI expects details of Morgan’s new position to be announced by that association within the next several days.
NIRI Chairman John T. Chevalier, Director of Global Investor Relations, The Procter & Gamble Company, said,“Jeff has been an invaluable leader and has contributed greatly to NIRI’s success since he joined the NIRI staff in 2007. He has been instrumental in stabilizing the organization during and following the financial crisis and leading our strategic planning. He has brought NIRI into the digital age with social networking, electronic publications and apps, strengthened our voice at the regulatory table in Washington D.C. and increased NIRI’s global awareness and membership. An important part of his legacy at NIRI will be the development of the industry’s first professional certification program which we expect to launch in 2015. Jeff will truly be missed, and we wish him all the best in his next role.”
NIRI’s President and CEO Jeff Morgan said,“It was a very difficult decision to leave a membership and staff that I have enjoyed working with so much for the past seven years. While there is never a good time to leave, I believe the path forward for NIRI and investor relations is bright. Investor relations certification will be launched next year and a new strategic plan will be approved by the NIRI Board shortly with a blueprint for the next three years, so I feel I am leaving at the right time to pursue a new professional challenge. I wish NIRI all the best and will continue to do everything I can for NIRI and the membership to ensure there is a smooth transition for the next CEO.”
NIRI will now begin a nationwide search for a new CEO, and has formed a search committee to identify and evaluate candidates. John T. Chevalier, Chairman of the NIRI Board of Directors, will lead the CEO search committee. Other committee members are Mark J. Donohue, NIRI Director and Vice President, Investor Relations and Corporate Communications, Impax Laboratories, Inc.; Barbara L. Gasper, former NIRI Director and Executive Vice President/Group Executive, Investor Relations, MasterCard Incorporated; Valerie C. Haertel, NIRI Director and Senior Vice President, Investor Relations, State Street Corporation; Deborah K. Pawlowski, NIRI Director and President & CEO, Kei Advisors LLC; and Douglas R. Wilburne, former NIRI Chairman and Vice President, Investor Relations, Textron Inc.
More information regarding the CEO position will be available on the NIRI website in the coming weeks.
About the National Investor Relations Institute (NIRI)
Founded in 1969, NIRI is the professional association of corporate officers and investor relations consultants responsible for communication among corporate management, shareholders, securities analysts and other financial community constituents. NIRI is the largest professional investor relations association in the world with more than 3,300 members representing over 1,600 publicly held companies and $9 trillion in stock market capitalization.