VIENNA, VA—Louis M. Thompson, president and CEO of the National Investor Relations Institute for more than 20 years, is retiring. Thompson, a nationally recognized expert in corporate disclosure and governance and a dedicated advocate of the investor relations officer’s role with corporate boards of directors, has agreed to remain in the position until his successor has been elected and an appropriate transition period has been completed.
NIRI is conducting a national search for a new president and CEO.
“Lou Thompson will long be remembered not only for leading NIRI through a period of unprecedented growth, but also for profoundly influencing the practice of investor relations,” said NIRI’s chairman Mary Dunbar, a consultant at Cleveland-based Dix & Eaton. “Lou helped pioneer the concept of strategic integrated corporate communication, and tirelessly promoted the use of non-financial performance measures as a means of providing investors with a more comprehensive valuation picture of public companies.”
Thompson served as a member of SEC Chairman Arthur Levitt’s advisory committee, helping to shape Regulation Fair Disclosure as a rule that corporations could live with and that would serve the best interests of investors. He is currently serving a second term on the New York Stock Exchange Individual Investor Advisory Committee.
Prior to joining NIRI, Thompson was assistant White House press secretary to President Gerald Ford and held public affairs positions for the U.S. Command in Vietnam and the Office of the Secretary of Defense. He is planning a career as an investor relations counselor.