Business & Finance
Business and Finance
Business and Finance
Tue, October 5, 2010
Mon, October 4, 2010 
VIENNA, Va.--([ BUSINESS WIRE ])--The [ National Investor Relations Institute ] (NIRI) today announced the election of [ Douglas R. Wilburne ] as the 2011 chairman of the NIRI Board of Directors. Wilburne is vice president, investor relations for Textron Inc. (NYSE: TXT). He succeeds Brad Wilks, Chicago CEO and managing director of Sard Verbinnen & Co.
"Doug brings an outstanding balance of well-rounded business acumen, hands-on investor relations experience, understanding of relevant regulatory issues, and a clear vision for NIRIa™s future."
aI couldna™t be happier with Douga™s selection to NIRI board chair,a said [ Jeffrey D. Morgan ], president and chief executive officer of NIRI. aDoug brings an outstanding balance of well-rounded business acumen, hands-on investor relations experience, understanding of relevant regulatory issues, and a clear vision for NIRIa™s future.a
Wilburne said, aI am honored to accept this important role in the professional association that has been vitally important to my investor relations career. I look forward to working with the talented and committed members of the NIRI board, chapter leaders and NIRI staff to continue moving the organization forward for the benefit of all members. Three items of focus during my tenure will be: (1) membership growth as the economy recovers, (2) continuing to deepen NIRIa™s influence through advocacy and professional development activities, and (3) improving NIRIa™s effectiveness for all members based on an in-depth strategic review of the organization that will culminate with a summit of chapter leaders and other key constituents at our 2011 Annual Conference.a
Doug Wilburne is a designated corporate officer of Textron with responsibilities including communicating Textron's strategy and financial performance to investment and business communities worldwide, including Wall Street analysts, institutional investors and business/financial media. He serves on the companya™s Executive Leadership Team and Enterprise Finance Council. Prior to joining Textron, Wilburne established an investor relations program at Rite Aid, and also headed investor relations for AMP Incorporated, until the company merged with Tyco International. Prior to joining AMP, he spent 20 years at Bell Atlantic Corporation, where he held numerous positions of increasing responsibility in engineering, operations, regulatory, finance and treasury, ultimately serving as director of investor relations. Wilburne earned a B.S. degree in electrical engineering from Pennsylvania State University in 1976, where he was a member of Eta Kappa Nu, the electrical engineering honor society, and an M.B.A. in Finance degree from Drexel University where he was inducted into Beta Gamma Sigma, the business administration honor society. He is a Chartered Financial Analyst, a member of the Providence Society of Financial Analysts, and is a member of the NIRI Senior Roundtable.
About the National Investor Relations Institute (NIRI)
Founded in 1969, NIRI ([ www.NIRI.org ]) is the professional association of corporate officers and investor relations consultants responsible for communication among corporate management, shareholders, securities analysts and other financial community constituents. NIRI is the largest professional investor relations association in the world with 4,000 members representing 2,000 publicly held companies and $5.4 trillion in stock market capitalization.
