Rogue Credit Union in Medford, Oregon, has chosen current president Matt Stephenson as its next CEO.
The $3 billion-asset credit union’s board announced last week that Stephenson, who has been with Rogue since joining in 2004, will succeed longtime CEO Gene Pelham upon his retirement at the end of March. Stephenson will be the organization’s fifth chief executive since its founding in 1956.
“I am extremely honored and humbled to have been selected to lead Rogue,” Stephenson said in a press release on Jan. 6.
Since becoming CEO in 2007, Pelham has furthered the credit union’s expansion efforts by increasing its network of branches to 27 locations to serve more than 183,000 members.
“It was important to the board of directors to select a president and CEO who would continue to provide strategic vision, leadership development and commitment to community and doing what is right for the members at Rogue,” Philip Smith, chairman of the board of directors at Rogue, said in the press release.
