IRIC Names Board of Directors Chair

The Institutional Retirement Income Council (IRIC), a non-profit think tank for the defined contribution retirement industry, has named Michael Kreps as chair of its board of directors. Kreps, principal, and chair of Groom Law Group’s Retirement Services group, succeeds Martha Tejera, who served as IRIC’s board chair since October 2023.

Kreps joined IRIC’s Board in 2023. At Groom Law Group, he works with clients on retirement and health plan issues.

“Michael brings a wealth of retirement services expertise and dedication to this important role,” said Kevin Crain, IRIC’s executive director. “His firsthand experience with the legislative and regulatory process gives him a perspective that is often instrumental in helping plan sponsors develop and implement effective retirement plan strategies. All of us at IRIC look forward to working with Michael and his guidance in shaping the future of our organization and furthering its mission.”

“On behalf of the IRIC board, I want to express our heartfelt gratitude to Martha for serving as Board chair,” said Kreps. “Under her exemplary leadership, IRIC has achieved remarkable milestones for advancing in-plan retirement income adoption in Defined Contribution plans. Martha will continue to make invaluable contributions as a member of the Board.”