Robert Moore, left, with CEO Mark Casady of LPL.

Following the conclusion of its two-day annual meeting in Williamsburg, Virginia, the Insured Retirement Institute announced Wednesday the election of LPL Financial President Robert Moore as chairman of the IRI Board.

In addition to Moore, who was a quiet presence at the IRI Vision conference (and tweeted from it), three new board members were elected to three-year terms, and two were elected to fill unexpired terms on the board.

The new members are Erica McGinnis, president and CEO of AIG Advisor Group (who succeeded Larry Roth in those executive positions last year); George Riedel, head of Financial Institutions for T. Rowe Price’s U.S. Investment Services; and Roth, CEO of Realty Capital’s independent BD, Cetera Financial Group. The Board members filling unexpired terms are David Cruz, head  of Retail Annuities for New York Life Insurance Co., whose term will expire in 2015, and David Paulsen, president of Transamerica Distributors, whose term will expire in 2016.  

(See ThinkAdvisor’s ongoing coverage of the IRI’s annual meeting.)

As chairman of the IRI Board, Moore succeeds John Carter, president and COO of Nationwide Retirement Plans, who helped plan and host the IRI’s meeting, which ran from Sept. 28-30.  In a statement following his election, Moore said that “the most distinct aspect about IRI is our breadth of participation from across the industry with a singular focus on advocating and educating all constituents about the profound need to ensure access to retirement solutions for every American. Recent developments on the regulatory front will demand that we remain united and committed to providing fact-based research and advocacy resources to ensure that these strategies will continue to be accessible to all Americans as part of their retirement plans.”

Headed since its 2008 inception by President and CEO Cathy Weatherford, IRI describes itself as a “national consumer coalition of more than 30 organizations, and is the only association that represents the entire supply chain of insured retirement strategies.” That “supply chain” was evident during the Williamsburg meeting, which featured speakers and attendees from the manufacturers of annuity and life insurance products and the distributors of those products, including wirehouse and independent  broker-dealers, broker-dealer clearing firms and major asset management firms whose funds and managers serve as subadvisors to annuity products.

Board members re-elected to serve three-year terms expiring in 2017 include Carter; Greg Cicotte of  Jackson National Life; William Loehning of Fidelity Investments; Thomas Streiff of TIAA-CREF, and Will Fuller, president of Lincoln Financial Group Distribution. During the IRI conference, Fuller was one of two recipients of IRI’s first annual leadership awards, along with Kerry Geurkink of Securian Financial.

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