News Topic: Succession planning

Richard Marotta, who became Berkshire Hills' CEO after his predecessor's abrupt resignation, says his top priorities are squeezing more profit from existing operations and improving corporate culture. ... Read full article

The company has appointed President Gaye Erkan to its board of directors, potentially positioning her to replace longtime CEO James Herbert when he eventually retires. ... Read full article

Rheo Brouillard, the head of SI Financial, finally had a solid offer in hand after more than two years of searching for a buyer. But the resignation 10 days later of the man who made him that offer — Berkshire Hills’ Michael Daly — sent Brouillard ... Read full article

Keith Wilton will also succeed Walter Kaczmarek as president in August. ... Read full article

The Texas bank disclosed that James Dreibelbis, a longtime Woodforest executive, succeeded Nash as president and CEO in late December. ... Read full article

Mark Sander, who has been with the company since 2011, succeeded Michael Schudder, who remains chairman and CEO. ... Read full article

John Milleson, who has led the company for 20 years, will retire after his successor is in place. ... Read full article

Bob Jones will retire in early May. He will be succeeded by Jim Ryan, the Indiana company's chief financial officer. ... Read full article

Housing and auto sales are just the first sectors to feel pain from rising rates; BlackRock may have identified its next CEO. ... Read full article

George Scharpf had been the New Jersey bank's leader since 1981. ... Read full article

Stephen Raffaele has been the bank's president since 2016. ... Read full article

The year featured executive shake-ups at the top of several of the industry’s largest institutions. ... Read full article

New CEO John Turner hasn't fully laid out his vision for the future, but it clearly will involve hiring specialized lenders, balancing labor-saving AI with old-fashioned relationship building, and more streamlining. ... Read full article

David Rupp was CEO of Four Oaks Fincorp in North Carolina when it sold itself to United Community Banks last year. ... Read full article

BBVA has picked Javier Rodriguez Soler, its head of strategy and mergers, to run its U.S. bank. ... Read full article

The Alabama bank has named former power company executive Charles McCrary chairman instead of giving the job to new CEO John Turner. ... Read full article

The former head of Heritage Oaks Bancorp says she relishes a chance to reinvent Luther Burbank, a thrift that wants to make more commercial loans — a shift she has deftly orchestrated before. ... Read full article

Mike Walsh, former CEO of Jefferson County Bancshares, has become a director at St. Louis Bank. ... Read full article