Succession planning

Pen Air's new CEO no stranger to the corner office

03/01/21

The Pensacola, Fla.-based credit union's newest chief executive has helmed two other CUs over the course of more than two decades in the industry.

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Citi's Corbat has parting words: 'Banking is quickly changing'

02/26/21

Michael Corbat’s departure comes as Citigroup is facing fresh scrutiny from regulators about its underlying technology and internal controls, work that will continue on incoming CEO Jane Fraser’s watch.

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Merck Sharp & Dohme FCU names next chief executive

02/25/21

Dana DeFilippis will take the helm at the Chalfont, Pa.-based credit union next month. She succeeds retiring CEO David Whitehead.

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Verity Credit Union CEO announces retirement

02/23/21

John Zmolek has been involved with the Seattle-based institution for more than three decades. A successor has not yet been named.

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New leadership in place as CEO of Somerset Federal Credit Union retires

02/19/21

Joseph Lajoie has succeeded Pamela Mello, who stepped down last month after more than five years in charge.

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SECU chief Mike Lord to retire in August

02/17/21

The longtime leader joined State Employees' Credit Union, the second-largest CU in the nation, in 1975 and was named CEO in 2016.

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Eugene Ludwig to step down as Promontory CEO

02/17/21

The former comptroller of the currency, who founded the consulting firm known for its roster of ex-regulators, will hand over leadership of day-to-day activities to an operating committee as he pursues other projects.

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Partner Colorado CEO stepping aside to focus full-time on pot banking

02/16/21

Sundie Seefried, one of the credit union industry's foremost experts on cannabis banking, will transition to a new role this summer, leading a new venture serving the legal marijuana space.

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CEO of Chessie Federal Credit Union retires

02/09/21

Richard Daugherty stepped down after more than three decades at the Maryland-based institution, including overseeing four mergers and asset growth of nearly 500%.

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PALCO Federal Credit Union chief to retire in March

02/09/21

Tom Rachael, who has led the Muncy, Pa.-based institution since 2003, will be succeeded by Scott Naughton, who is new to credit unions but has extensive experience in the financial services sector.

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