News Topic: Succession planning

When H. Lynn Harton joined United Community Bank seven years ago, he knew he was on track to eventually become CEO. But he still felt he had to earn it. ... Read full article

Intense competition for executives and top lenders has elevated the role acquisitions play in filling key positions. ... Read full article

Analysts and big investors say they cannot advocate buying more shares until the bank installs a leader with the authority to lay out a plan for the future. However, speculation about potential candidates has quieted. ... Read full article

CFO Ewen Stevenson, who has been in place only since January after joining from Royal Bank of Scotland, has established himself as the dominant force in the 154-year-old bank's executive suite, say current and former HSBC officials. ... Read full article

Beacon Business Bank hired former Boston Private executive John Delaney as its new leader. ... Read full article

During a slow summer, a handful of banks managed to hire away multiple executives from competitors and introduce new leadership. ... Read full article

The firm joins $40 billion “technology megafund” sponsored by SoftBank Group; company says partnerships are taking longer than expected to bear fruit. ... Read full article

The hiring of Tim Wennes was one a series of leadership changes announced Wednesday by the holding company for the bank and the auto lender Santander Consumer. ... Read full article

Bank posts its best second quarter since 2010 after a disappointing Q1; Cerberus in talks to buy loans at the center of a major accounting error. ... Read full article

Firm will pay $700 million to settle issues stemming from data breach; don’t expect JPM CFO Jennifer Piepszak, or anyone else, to be named heir apparent. ... Read full article

Christopher Myers will retire as president and chief executive of CVB next spring, and the California bank says it will hire a search firm to begin seeking his replacement. ... Read full article

The interim CEO told analysts Tuesday that the company remains committed to hiring an outsider who isn't connected to its scandals of recent years. ... Read full article

Other executives are being considered, too, but the list is dwindling as JPMorgan’s Gordon Smith and other big names are said to be out of the running. Meanwhile, senior Wells executives have pushed to keep interim CEO Allen Parker. ... Read full article

Michael Roberts will succeed Patrick Burke as president and chief executive of HSBC USA in October. ... Read full article

Executive searches are hard enough, but a shortage of qualified candidates with strong resumes will make filling those jobs that much more challenging. ... Read full article

Theresa LaPlaca, one of four new directors at the company, ran an office Wells formed to address issues tied to its sales and reporting practices. ... Read full article

Dennis Zember Jr. stepped down as the Georgia bank's CEO, citing personal matters. Palmer Proctor, an executive at the recently acquired Fidelity Southern, succeeded Zember. ... Read full article

Some of the biggest industry moves in May and early June were not executive promotions, but rather departures. ... Read full article