Douglas Wilburne, VP-IR of Textron, has been elected chair of the National Investor Relations Institute.

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 IR experience, understanding of relevant regulatory issues, and a clear vision for NIRI’s future,” said Jeffrey Morgan, president and CEO of NIRI.

Wilburne serves on the Executive Leadership Team of Textron and the Enterprise Finance Council.

Before joining Textron, he set up an IR program at Rite Aid. He headed IR for AMP until the company merged with Tyco International in 1998.

Before AMP, he spent 20 years at Bell Atlantic Corp. in engineering operations, regulatory, finance and treasury, with increasing levels of responsibility, and then became director of IR.

He has a B.S. degree in electrical engineering from Pennsylvania State University and an M.B.A. in finance from Drexel University. He is a Chartered Financial Analyst.

Four New Directors Elected

New directors of NIRI are:

John Chevalier, director of IR for Procter & Gamble Co., Cincinnati.

Ruth Cotter, corporate VP of IR for Advanced Micro Devices, Sunnyvale, Calif.

Jane Okun Bomba, SVP and chief customer process officer at IHS, Englewood, Colo.

William Walkowiak, VP, finance and IR, Novatel Wireless, San Diego.

Chevalier, Cotter, Bomba and Walkowiak

NIRI, based in Vienna, Va., has 3,500 members representing 2,000 public companies with $5.4 trillion in capitalization.