C-suite

Bonnie Lee will succeed C.G. Kum, who is retiring as CEO next month.

The Massachusetts senator introduced legislation Wednesday that would require executives of large corporations to serve jail time when their companies commit crimes, including for violations of civil law.

A number of entities within the credit union industry have elected new directors, in addition to announcing other staffing changes.

Mendell Thompson, who has led the California-based institution for 33 years, will leave in March 2020.

David Woodruff was the head of Zia Credit Union in Los Alamos, N.M., before taking the job with APL.

Finding a leader who has all the key attributes — and actually wants the job — may prove challenging, but here are some intriguing possibilities.

Joe Christian, executive vice president of operations, will take the helm at Albuquerque-based Nusenda Credit Union after CEO Terry Laudick stepped down.

The bank's decision to select its general counsel as successor to Tim Sloan, albeit on a temporary basis, focused attention on its frayed relationships with the Federal Reserve and the OCC.

Nathan Saller was tapped to replace President and CEO Michael L’Ecuyer, who is set to retire Oct. 1.

Credit unions have hired and promoted executives in member business lending, relationship management and more.