Career moves

Serving on a bank board is a tough gig, and the fact that a number of bank directors sit on the boards of four or more public companies is raising questions about whether they are too busy to be good watchdogs.

It didn't take long for Karen Parkhill to re-emerge after her sudden departure from Comerica in Dallas. Parkhill was named chief financial officer at Medtronic, a medical technology company based in Dublin, Ireland.

Prudential Bancorp in Philadelphia has a new chief executive.

The Federal Financial Institutions Examination Council (FFIEC) announced the appointment of Edward “Joe” Face to the Council’s State Liaison Committee (SLC).

The Illinois Credit Union League (ICUL) said its former president and CEO, Dan Plauda, passed away over the weekend.

Veridian names a new team leader, new directors tapped at Ent and Wright Patt and more CU professionals in the news.

Christopher Cline, a former Wells Fargo executive, has joined the management of a community bank in Vancouver, Wash., to help it build up its wealth management business.

Search for successor to long-time – and outspoken – leader of State Employees' Credit Union should be completed no later than first quarter of 2017, according to chairman of the board.

JPMorgan Chase shareholders should support a proposal to consider an independent chairman, proxy adviser Glass Lewis & Co. said.

Royal Bank of Canada named Jefferies Group's Michael Armstrong as head of its U.S. wealth-management business.

Redwood CU and Charter Oak FCU boards both re-elect three and more C-suite maneuverings.

Fifth Third Bancorp is turning to a veteran of the consumer goods industry to help shape its approach to innovation.

Penn Community Bank didn’t have a CFO until it hired Stephanie Austin, who won praise for building a solid finance department at her previous job.

Umpqua Holdings in Oregon has promoted a business-banking executive to president of its bank unit.

Citizens National Bancshares of Bossier in Bossier City, La., has named Jason Smith, an executive vice president at subsidiary Citizens National Bank since 2008, as its president and chief executive.

Vantiv named Stephanie Ferris chief financial officer, promoting her from deputy chief financial officer, a post she has held since September 2015.

Sanford Weill, the retired chairman and chief executive of Citigroup, and his wife, Joan, have pledged $185 million to the University of California at San Francisco to create a new research center.

Orion FCU and Greylock FCU announce appointments and promotions while CU League of Connecticut honors three.

Cutting-edge jobs — think chief innovation, strategy and data officers — are on the rise at banks and other lenders, and they are drawing free-thinking, tech-savvy candidates from inside and outside of financial services. American Banker asked several of them to recommend a book or other piece of writing that helped them tackle jobs that often were created from scratch.

CIT Group named John C. Erickson president of its consumer bank and head of operations in California. Erickson, 54, will be based in Pasadena, California, and report to Chief Executive Officer Ellen Alemany.