C-suite

The board has promised to hire an outsider, but senior executives are lobbying for acting CEO C. Allen Parker to lead the company.

Credit unions announced a variety of personnel moves and recognition for others, including one employee who helped a member needing medical attention.

Among his many responsibilities in the newly created role, Brian Doubles will be in charge of expanding Synchrony's direct-to-consumer banking business.

Luis A. Reyes Jr. takes over for the Rev. Arnold O. Pierson, who served as president since the institution opened in June 2016.

A successor to Robert Allen, who has led the $7.3 billion-asset institution for more than three decades, should be named soon.

Bank of America investors on Wednesday voted against pressing the company to disclose more insightful data about disparities between men's and women's compensation. Shareholders at Wells and Bank of New York Mellon recently rejected similar measures.

The Dallas company finally made the move that had long been expected: Curtis Farmer succeeds Ralph Babb as chief executive. However, Farmer will still report to Babb, who stays on as executive chairman.

Credit unions have elected new board members and named new branch managers while other employees were recognized for their dedication.

Daniel J. Machon Jr., who was previously the CEO of Stonebridge Bank, has taken the helm at the West Chester, Pa.-based institution.

Douglas Ankrom, who is currently chief financial officer at the Belpre, Ohio-based institution, will take over for Michael Iaderosa, who will retire later this year.