DTCC’s Larry Thompson retires
20 December 2018 New York
.jpg)
Image: Shutterstock
Larry Thompson has retired from DTCC after working there for more than three decades, effective end of this year.
During his time at DTCC, Thompson served in a variety of senior-level roles, including general counsel and, most recently, vice chairman of the firm.
Thompson joined DTCC in 1981 as associate general counsel and was appointed senior vice president in the early 1990s.
Meanwhile, in 1999, he was named general counsel of DTCC, and in 2005, Thompson was appointed general counsel of DTCC, with responsibility for all legal and regulatory activities of the firm and our subsidiaries.
This included oversight of the legal, compliance, government relations, and regulatory relations departments.
He played a key role during virtually every major crisis impacting the industry while at DTCC, including acting as chief liaison with the New York office of emergency management and state government officials.
Following the financial crisis, Thompson initiated and led DTCC’s public policy outreach efforts.
Thompson plans to continue serving on the board of directors of the Federal Home Loan Bank of New York, a position he has held for several years. He is currently vice chairman of the board.
Michael Bodson, DTCC President and CEO, said: “Larry Thompson has been a trusted colleague, mentor and partner over the years, playing a significant role in many of our organisation’s most important endeavours and helping to shape the company we are today.”
“Thompson’s experience and wisdom have been invaluable to us as a management team, but just as important, the impact of his actions and words have touched virtually every part of the industry.”
He added: “We thank Thompson for all his contributions to the industry and DTCC over these past 37 years and wish him and his family the very best of health, happiness and good fortune in the future.”
During his time at DTCC, Thompson served in a variety of senior-level roles, including general counsel and, most recently, vice chairman of the firm.
Thompson joined DTCC in 1981 as associate general counsel and was appointed senior vice president in the early 1990s.
Meanwhile, in 1999, he was named general counsel of DTCC, and in 2005, Thompson was appointed general counsel of DTCC, with responsibility for all legal and regulatory activities of the firm and our subsidiaries.
This included oversight of the legal, compliance, government relations, and regulatory relations departments.
He played a key role during virtually every major crisis impacting the industry while at DTCC, including acting as chief liaison with the New York office of emergency management and state government officials.
Following the financial crisis, Thompson initiated and led DTCC’s public policy outreach efforts.
Thompson plans to continue serving on the board of directors of the Federal Home Loan Bank of New York, a position he has held for several years. He is currently vice chairman of the board.
Michael Bodson, DTCC President and CEO, said: “Larry Thompson has been a trusted colleague, mentor and partner over the years, playing a significant role in many of our organisation’s most important endeavours and helping to shape the company we are today.”
“Thompson’s experience and wisdom have been invaluable to us as a management team, but just as important, the impact of his actions and words have touched virtually every part of the industry.”
He added: “We thank Thompson for all his contributions to the industry and DTCC over these past 37 years and wish him and his family the very best of health, happiness and good fortune in the future.”
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
