John M. Damgard is an retired industry derivatives organization executive, government official and political operative who was the former long time president of the Futures Industry Association (FIA). He currently serves the organization as a senior advisor after retiring as president in March of 2012.
In January 2012, Walter L. Lukken was appointed as the president and CEO of the FIA, effective in early 2012. Earlier that year, the Financial Times had reported Lukken was the top candidate to replace FIA president Damgard.
Over the years, he has served as a major voice of the futures industry before Congress and regulatory agencies in the U.S., abroad, and in the press, representing the FIA through stock market crashes, the Barings crisis and the terrorist attacks of September 2001. Damgard is an avowed champion of competitive markets (sometimes to the dismay of a consolidating futures exchange landscape), cross-border trading and protection against new taxes and unnecessary regulations. He is also founder of the Institute for Financial Markets (IFM), a nonprofit education foundation, and serves on its Board of Trustees. Damgard also serves as a special advisor to the Board of the Managed Funds Association.
Prior to joining the FIA in 1982, Damgard directed the Washington office of ACLI International. Before that he served as deputy assistant and Acting Assistant Secretary of Agriculture and was responsible for the major marketing and regulatory functions at the USDA. During his stint at the USDA, he was responsible for obtaining exclusive federal jurisdiction over the futures markets.
Damgard served on the White House staff as assistant to Vice President Spiro Agnew.
Damgard is a pilot and in 2007 he donated to the Smithsonian a P-22 Ryan that is now displayed in the Air & Space Museum.
Damgard is related by marriage to William D. Boyce, founder of Boy Scouts of America.
Damgard participated in the MarketsWiki Education World of Opportunity series in Chicago in July of 2017.
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