NIRI names Cudahy as new CEO
NIRI has named James Cudahy, head of the National Court Reporters Association (NCRA), as its new CEO and president.
Cudahy will take over from Jeffrey Morgan, NIRI’s current CEO, from March 2, 2015. Morgan had previously announced his resignation from the institute – and his move to become CEO of the Club Managers Association of America – in October 2014.
As CEO and an executive director for the NCRA, an organization that aids stenographic court reporters and broadcast captioners, Cudahy currently manages a staff of 35 and a $7 mn budget. Prior to this, he worked for nine years at CFA Institute as its vice president of marketing and communications, where he was largely responsible for building campaigns to widen the recognition of the institute’s own professional qualification.
Cudahy was handpicked by NIRI’s board, which worked alongside executive search firm Spencer Stuart in a CEO search committee. He describes being chosen as the body’s new CEO as an ‘honor’, and says he is excited to ‘lead the association through the next phase of its history as we further strengthen NIRI’s reputation as one of the world’s most trusted organizations dedicated to the development and promotion of best practices in investor relations and financial communications.’
Mark Donohue, NIRI’s board chair and head of IR at Impax Laboratories, says Cudahy’s strategic leadership and experience of working with certification programs are key to NIRI’s future success. ‘Jim views the CEO position at NIRI as a unique opportunity to leverage his experience and skill set to expand NIRI’s value to its members through a broader scope of services and to build upon our global sphere of influence,’ he adds.
‘The board recently approved our OneNIRI strategic plan, which focuses on several key initiatives, including introducing the industry’s first IR certification program, further broadening NIRI’s global brand, and leveraging technology to build upon our highly valued member benefits. We look to Jim’s skills and experience to assist NIRI in delivering on these important tasks.’