The sky's the limit for new credit union CEO

SkyOne Federal Credit Union in Hawthorne, Calif., has named Joseph Whitaker as its new president and CEO.

Whitaker, who was placed by executive search firm O’Rourke and Associates, succeeds Eileen Rivera who is retiring, the $468 million-asset institution said on Monday. Whitaker will begin his term as CEO later this month.

“Joseph Whitaker is a capable, results-oriented leader,” Doug Murphy, SkyOne FCU’s chairman, said in a press release. “He is the right person, at the right time to lead SkyOne Credit Union forward into an exciting future for our members.”

Whitaker has 27 years of experience in the credit union industry. He served as the chief operating officer at the $4.4 billion-asset Kinecta Federal Credit Union in Manhattan Beach, Calif., for the past seven years. Prior to joining Kinecta FCU, Whitaker was chief operating officer at the $2.4 billion-asset Truliant Federal Credit Union in Winston-Salem, N.C.

"I am grateful and honored to be selected as the next CEO of SkyOne,” Whitaker said in a press release. “SkyOne has a long, successful history of meeting member’s financial needs. I am looking forward to working with the board and our employees to continue to enhance the quality of our member's financial lives."

SkyOne FCU posted net income of about $363,000 in the first half of 2018, after recording a net loss of about $3.4 million in 2017.