Succession planning

While some institutions have held off on staffing up for new projects, many mission-critical positions at the executive level are still being filled. It may take until well into 2021 before normal patterns return.

Andrea White, a former VP at Freedom National Bank, was named CEO of the Massachusetts-based credit union, the first time a woman has held that position.

The New York bank, which is conducting a search for its next leader, also said it expects to report strong third-quarter earnings.

Steve Ewers, who has held several positions in information technology, will replace retiring President and CEO Tammy Heikkinen, who has led the Duluth, Minn.-based institution for 12 years.

Jane Fraser, who in February will become the first female CEO of a Wall Street bank, said during a Women in Banking event hosted by American Banker that she will be “the first of many, many more” to come.

The company said Todd Brice will retire in March. A search firm will consider internal and external candidates.

Barbara Mahoney, who joined the credit union in 2003 as a human resources executive, will take over after John O’Brien retires next month.

Michael Rechin will step down at the end of this year. The Indiana company tapped CFO Mark Hardwick as its next CEO, while Michael Stewart, its chief banking officer, will become president.

Ryan Ross will take over as CEO of the San Antonio, Texas-based institution for Bob Glenn, who is retiring.

A pending combination with Animas Credit Union will broaden the Albuquerque-based institution's reach in northern New Mexico.