C-suite

A number of credit unions have recently made personnel changes, including LAFCU and F&A Federal Credit Union naming new chief lending officers.

The San Antonio company named Judith Frey vice president of digital banking, Maria Alvarez Mann chief information officer for bank technology and Carri Arnold bank technology officer.

The Los Alamos, N.M.-based institution said that Dwayne Herrera would take over as CEO after its previous leader took another job.

Ron Baron had been serving as interim president and CEO for the Delaware-based institution before being given the job permanently.

Several credit unions have hired new employees while a financial advisor was recognized for his volunteer efforts.

Institutions haven't modernized benefits packages to include deferred compensation, and now the threat of a recession is affecting CEO salaries.

Credit unions have recently announced personnel changes in a number of areas, including human resources, information systems and operations.

Jason S. Lee is joining the Summerville, S.C.-based institution as president and chief operating officer but he will eventually take over as CEO.

Credit unions have announced a number of new hires and promotions in areas such as lending and retail operations.

Sean Daly, the Middletown, R.I.-based institution's CFO, will take over as president and CEO when Ellen Ford steps down in November.

Lisa Perrin will take over at the Massachusetts-based institution when President and CEO Karen Duffy retires.

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

America's Credit Union Museum has named new board members while a number of institutions have recruited additional talent.

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.

Marc Schaefer, who has led the credit union since 1995, has announced plans to retire. President Todd Hall will take the helm on Jan. 1, 2020.

Timothy L. Anderson, who has held C-level positions at a number of other credit unions, including Government Printing office FCU and Treasury Department FCU, has taken over following CEO Kenneth Kramer's departure.

Bruce Adams, who previously served as general counsel to Connecticut Lt. Gov. Nancy Wyman, will join the Credit Union League of Connecticut next month.

A number of credit unions have promoted employees from within their ranks while others have announced new hires.

Credit unions are slowly embracing the impact data analytics can have on the bottom line, but experts say goal-setting and measurable achievements must also be a part of the process.

David Cerwinski, who joined the CUSO in 2006, was appointed president of the technology provider.