DTCC Vice Chairman to Retire

Larry Thompson, who served in a variety of senior-level roles at the DTCC, including General Counsel and, most recently, Vice Chairman of the firm, will retire at the end of this year after more than three decades at the company. Thompson began at DTC in 1981 as Associate General Counsel and was appointed Senior Vice President in the early 1990s. He was named General Counsel of DTC in 1999, and in 2005 Thompson was appointed General Counsel of DTCC, with responsibility for all legal and regulatory activities of the firm and subsidiaries, including oversight of the Legal, Compliance, Government Relations and Regulatory Relations departments. Thompson plans to continue serving on the Board of Directors of the Federal Home Loan Bank of NY, a position he has held for several years. He is currently Vice Chairman of the Board.