New York, NY, February 11, 2015 – William C. Thompson, Jr. is a dedicated advocate for innovation, diversity and progress in the public and private sectors – a proven Chief Executive with a long-term record of success leading complex organizations in finance, Board and government roles.
Mr. Thompson currently serves as the Chief Administrative Officer and Senior Managing Director of Siebert Brandford Shank and Co. LLC, where since 2010 he has advised on municipal underwriting and financial services to state and local governments across the nation for the funding of education, housing, health services, transportation, utilities, capital facilities, redevelopment and infrastructure.
Previously, he was elected to two consecutive, four-year terms as Comptroller for the City of New York (the City’s Chief Financial Officer). In that role, he led a team of 720 employees, managed a $66 million annual operating budget and the country’s 5th largest multi-billion-dollar pension fund, which was rated among the top 20 in the world. While serving as Comptroller, Mr. Thompson delivered constant financial performance improvements, streamlining operations and achieving targeted financial results. He safeguarded multi-billion dollar portfolios and protected the assets and interests of millions of New Yorkers during one of the most challenging economic periods in history. He drove strategic community, business and economic development progress and achieved measureable, positive results during his 8-year term.
A lifelong New York City resident and a proud product of its public schools, Mr. Thompson began his career after graduating from Tufts University with a B.A. in Political Science. Early career roles included serving as Chief of Staff to a United States congressman and Brooklyn Deputy Borough President. Later, in the private sector, Mr. Thompson was a Senior Vice President in Public Finance at an investment banking firm. He returned to public service and was appointed to the New York City Board of Education, where he served five terms as President of the nation’s largest school system with more than 130,000 employees and an annual budget of nearly $12 billion. As President, Mr. Thompson led policy development and implementation in a city of over 8 million residents with 1.1 million public school children. Mr. Thompson’s legacy includes leading positive transformational change in New York City education and economic development, protecting the City’s financial integrity and fighting to protect the interests of millions. His commitment to New York City’s advancement and its public and private sector development is unwavering.
Mr. Thompson has served as an active member on a number of profit, nonprofit and government Boards. In February 2010, New York State Governor David Paterson named him to serve as Chairman of the Board of The Hugh L. Carey Battery Park City Authority, a position he held until 2012. He also serves as a Trustee Emeritus at Tufts University, as a former member at KeySpan/Brooklyn Union Gas Company and as a former Board Member of the Bedford-Stuyvesant Restoration Corporation. Governor Andrew Cuomo selected Mr. Thompson to Chair his MWBE Task Force and recently to serve on the New York State Gaming Facility Location Board.
Born in Brooklyn, Mr. Thompson resides in Harlem with his wife, Elsie McCabe Thompson, and their children.
“Bill’s experience in profit, nonprofit and government will be an enormous asset to NYCHSRO/MedReview Inc. We’re honored to have him join our board.” said Mr. Joseph Stamm, President and CEO.