Larry Shepherd is no longer executive director of the 30,000-member
American Numismatic Association.
ANA President Tom Hallenbeck, during a telephone conference with
the numismatic press beginning at 2 p.m. EDT today (Sept. 28),
announced that the ANA Board of Governors has “ended its employment
relationship” with Shepherd.
Hallenbeck was joined in the conference call by ANA Governor and
Immediate Past President Clifford Mishler and Ron Sirna, ANA general counsel.
Hallenbeck said the ANA Board voted 9 to 0 Sept. 20 to end
Shepherd’s service as executive director. Shepherd was hired in March
2008 and had approximately two years left of a five-year contract. He
was placed on paid administrative leave Aug. 20 by unanimous vote of
Sirna said ANA officials could not publicly discuss any severance
arrangements, nor would they discuss the ANA Board’s reasons for
taking the action, generally describing them as personnel matters.
In a press release issued after the conference call, the ANA noted:
“Coinciding with placing Shepherd on leave in August, the board
initiated the process for a comprehensive organizational review of
management issues and employment matters, and engaged the assistance
of Employer’s Resources of Colorado. The human resources consulting
firm has identified employment policy deficiencies, and provided
recommendations for improving internal operational practices and
positive motivational development as the ANA moves forward.”
Hallenbeck said, “We appreciate Shepherd’s past three years of
contributions, but the Board determined the association needs to move
in a different direction going forward, providing greater focus on its
core educational mission.”
Hallenbeck noted: “The ANA is about more than just being a big
coin show. It’s about our individual members and member clubs. It’s
about educating our members and the general public, doing so by
creating a positive numismatic experience for the many diverse
segments of our organization and the greater hobby community.”
Hallenbeck announced that the ANA is establishing a corporate
governance committee and will soon begin the search for a new
executive director. He noted that he expects to focus on providing a
more balanced approach to serving ANA’s educational mission.
“We will be seeking a new executive director to help us achieve
this objective in a way that will better serve the total hobby
community,” Hallenbeck said. ■