AS A trained cynic, I look for what is not said in public statements more than what is said to get a sense of what the real news is.
Case in point, the appointment of Jeff Morgan as the new CEO of the National Investor Relations Institute (NIRI). Here’s an extract from a Q&A prepared by NIRI to explain the appointment to its members. The emphasis is mine.
Q. Why was Jeff Morgan selected to be President and CEO of NIRI?
Jeff currently serves as Executive Vice President for the Futures Industry Association (FIA), a trade association based in Washington, DC. He has a solid financial background and uses it extensively in his work at FIA. Jeff has strong contacts in Washington and around the world, through his work at FIA, and has extensive experience in managing senior staff as well as a multi-million dollar budget.
The FIA serves more than 180 corporate members and is representative of all organizations that have an interest in the futures market. FIA provides research, publications, knowledge management, public policy and representation to legislatures and regulators.
Jeff also serves as chief staff executive of the Institute for Financial Markets (IFM), which is a non-profit educational institute serving the futures and securities markets, and is an independent outgrowth of the Futures Industry Association. IFM is responsible for exam preparation, general education, ethics and professional conduct training.
Jeff’s vision for NIRI’s future strongly impressed the selection committee, and the Board, and we look forward to working with him in the future. It was thought by the selection committee, and supported by the Board, that Jeff Morgan’s skill set was well-suited to the future of NIRI.
Jeff has strong association management experience as demonstrated by his Certified Association Executive (CAE) designation and his recognition as an American Society of Association Executives (ASAE) Fellow.
Nothing against Mr. Morgan, but apparently communication skills aren’t part of NIRI’s future vision for IR.
In my next post I
plan to explain why a “financial background” is soon to become much less relevant to an IR job.