Meta Financial in Sioux Falls, S.D., has a new CEO.
The company said in a press release Wednesday that Brad Hanson had succeeded J. Tyler Haahr, effectively immediately.
Haahr will remain Meta’s chairman until its annual meeting in January. Frederick Moore, the company’s vice chairman and lead director, will become chairman after the meeting.
Haahr, who had been CEO for 13 years, recently guided Meta through its purchase of Crestmark Bank.
Haahr and the board “mutually determined that now is the right time for a new leader to guide Meta,” Moore said in the release. “Because of the depth of our management team, we are confident Meta will continue its growth momentum and deliver value for shareholders.”
Hanson joined Meta in 2004, founding its payment systems division. Before joining Meta, he was a senior vice president at BankFirst.
Hanson “is a key architect of Meta’s success and a proven leader in the financial services industry,” Moore said. “Under his leadership, Meta will continue to build on the company’s recent accomplishments and leverage its strong platform in the years ahead.”
