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DTCC veteran retires after more than three decades at the firm

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Larry Thompson (pictured), who served in a variety of senior-level roles at The Depository Trust & Clearing Corporation (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.

“Larry has been a trusted colleague, mentor and partner over the years, playing a significant role in many of our organisation’s most important endeavours and helping to shape the company we are today,” says Michael Bodson, DTCC President and CEO. “Larry’s experience and wisdom have been invaluable to us as a management team, but just as important, the impact of his actions and words have touched virtually every part of the industry. We thank Larry for all his contributions to the industry and DTCC over these past 37 years and wish him and his family the very best of health, happiness and good fortune in the future.”
Thompson began at The Depository Trust Company (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 our subsidiaries, including oversight of the Legal, Compliance, Government Relations and Regulatory Relations departments.
Thompson has played a key role during virtually every major crisis impacting the industry while at DTCC, including acting as Chief Liaison with the New York City Office of Emergency Management and state government officials following the terrorist attacks of 9/11, managing the fallout of the 2008 global financial crisis and responding to the devastating effects of Superstorm Sandy.
Following the financial crisis, Thompson initiated and led DTCC’s public policy outreach efforts. He has testified before the US Congress on several occasions and has appeared before other legislative bodies globally.
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.

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