C-suite

BCU CEO Mike Valentine has mentored many credit union executives and he recently was recognized by CUES for his commitment to the movement.

Linda Pearsall will replace retiring CEO Randall Dixon on Jan. 1, 2018

Focus on ensuring your teams know why you make changes, and they will be far more likely to make those changes work for you.

Pam Easley comes to AltaOne with more than 20 years' experience in the credit union movement.

Rosek brings more than 30 years experience in the credit union movement to the $171 million-asset institution.

The film industry is painting an ugly picture of what life is like inside banks, and that could hurt banks' recruitment efforts.

A growing number of credit unions are creating the position of chief innovation officer on the management team in order to better define and execute cross-departmental innovation strategies.

One untapped resource is appealing to investors to allocate more of their private wealth to companies with successful gender diversity programs.

Regulators need a principles-based approach that seeks to position boards as watchtowers for their banks while not subjecting directors to overly burdensome restrictions.

Apologies to those yearning for escapism, but it is hard to escape turmoil — in financial services, in the economy and in civilization — in this year’s reading list. That said, these weighty topics promise to stimulate the mind: How AI will disrupt employment; dystopian imaginings and real-life histories of societal shifts; the necessity of collaboration; bitcoin’s path from obscurity to relevance; the need for leaders to make sacrifices; and more. Recommendations are courtesy of American Banker readers, editorial staff and BankThink contributors.

The online small-business lender has also announced the hiring of a new U.S. head of capital markets.

Michael Cleary, Santander's head of consumer and business banking, and Robert Rubino, a former executive vice president at Citizens Financial Group, will share duties while overseeing their own business units.

The moves could position Christopher Gorman and Don Kimble as potential successors to CEO Beth Mooney.

Given Jamie Dimon’s stature in banking, it’s unlikely that the longtime CEO's role on the advisory panel of a controversial president could tarnish JPMorgan Chase's reputation. But his involvement nonetheless carries an element of political risk.

David Rainbolt, who has been the company's CEO since the early 1990s, has handed the reins to a pair of longtime deputies. Rainbolt will stay at BancFirst as its executive chairman.

In a world where confidence is rewarded more than indecision, businesses risk elevating confident leaders who overestimate their abilities. In banking, that can have harmful effects.

The bank also announced that it has recruited a BancWest executive to replace Michael Descheneaux as CFO.

James Herbert, 72, has once again postponed retirement. The longtime CEO was scheduled to step down at yearend, but the company says he will remain at the helm through 2020.

The Arizona company said Kenneth Vecchione would be a candidate to eventually replace CEO Robert Sarver.

The Mississippi company said Mitchell Waycaster will succeed Robin McGraw in May 2018.