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The moves are seen as setting the stage for CEO James Gorman’s eventual retirement; banks outside the U.S. are suffering from the greenback’s recent rise.
July 11
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CU executives are taking the reins at one corporate credit union, plus more news of new hires, promotions and accolades at CUs across the country.
July 10
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Terri Salstrom has been with the credit union for more than 35 years, with 25 of those years as president and CEO of the $245 million-asset institution.
July 10
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Jeff Deuel will take over as CEO of Heritage Bank in Olympia, Wash., for Brian Vance, who will remain as the head of the holding company until next year.
July 10
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Beach Community Bank, which recently added $100 million in capital, hired veteran banker Carl Chaney as its executive chairman.
July 6
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Mark Herter has been with the credit union since 1985 and will be succeeded as CEO by current president Laura Campbell.
July 6
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Current CEO Bill Butler will retire in June 2020, at which time COO Christy O’Connell will take the helm.
July 5
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Northwest Bancshares in Pennsylvania, which built a reputation as an active acquirer, is taking a step back under Ronald Seiffert to evaluate ways to grow without M&A.
July 3
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The credit union's current CEO, Paul Wagner, will retire in February 2019, and Marchese will ‘shadow’ him until then.
June 29
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One CU executive gets her breakthrough moment, up-and-comers earn accolades, plus promotions and new hires across the country.
June 28
