Bill Thompson, the two-time mayoral candidate who was a runner-up to Bill de Blasio in the Democratic primary, is going back to his old municipal bond firm.
Siebert Brandford Shank and Co, the financial services firm that employed Mr. Thompson after he first ran for mayor in 2009, announced that he would be rejoining the firm as chief administration officer and senior managing director. Mr. Thompson held the same titles from 2010 until this year.
“I am proud to be an integral part of the future of the firm,” said Mr. Thompson, who also served as comptroller for eight years. “Given all of the uncertainty surrounding federal, state and city budgets in recent years, it is more important than ever for municipalities to have access to experienced financial industry guidance.”
When running for mayor, Mr. Thompson often touted himself as a moderate candidate with the mix of private and public sector experience to bring fiscal discipline to the city. Tax returns showed Mr. Thompson earned as much as $700,000 annually.
Suzanne Shank, president and chief executive officer of the firm, called Mr. Thompson one of the “most trusted people in the financial world.”