Press Release

Insured Retirement Institute Announces Retirement of Paul Richman, Chief Government and Political Affairs Officer

Issued by Insured Retirement Institute [IRI]

May 18, 2026

WASHINGTON, D.C. – The Insured Retirement Institute (IRI) announced that Paul Richman, Chief Government and Political Affairs Officer, will retire effective December 31, 2026, following more than 11 years of service to the organization and the insured retirement industry.

IRI has launched a national search for Richman’s successor and plans to have the new executive by the fourth quarter of 2026 to ensure a smooth leadership transition.

Richman was instrumental in advancing the industry’s advocacy agenda and elevating IRI’s voice and influence on Capitol Hill, at the White House, and across executive agencies.

He was at the forefront of the industry effort that led to enactment of the SECURE Act of 2019 and the SECURE 2.0 Act of 2022, two of the most comprehensive retirement security laws enacted in more than a decade. He also helped spearhead IRI’s successful challenges to the Obama and Biden Department of Labor fiduciary rules, both of which were ultimately vacated by federal courts.

“It has been an honor and privilege to serve IRI and its members during the past 11 years,” said Richman. “I am incredibly proud of what we have accomplished together to help millions of workers and retirees achieve a more financially secure retirement. I will especially miss working day-to-day with my colleagues at IRI and across the industry. Everything we achieved was the result of a true team effort, and I am grateful for the opportunity to be part of it.”

“Paul’s leadership, strategic vision, and tireless advocacy efforts have had a profound impact on IRI, our members, and the retirement security debate in Washington,” said Wayne Chopus, President and CEO, IRI. “The many recognitions he achieved for that work are well-deserved. Beyond that, he has been a trusted colleague and advisor, providing invaluable guidance about the nuances of Washington policy and politics. His insights and dedication will be missed by all of us. We wish him a long, healthy, joyful, and secure retirement.”

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