Succession planning

St. Mary's Bank gets a new COO, Veridian picks up a trio of new employees and more new hires, promotions and honors.

The Mississippi company said Mitchell Waycaster will succeed Robin McGraw in May 2018.

Joseph Anderson has more than 14 years of experience in the credit union movement.

Craig Dahl, who took over as CEO last year when Bill Cooper retired, has added the chairman title.

Mortgage originators earn recognition and more honors, promotions and new hires.

Doug Bowers will serve as the permanent replacement for Steven Sugarman, who resigned in January.

Joseph Evans will step down as CEO on June 1, though he will remain the company's chairman. Thomas Wiley, a longtime associate of Evans, is set to take the helm.

MidSouth also removed Cloutier's son as part of what it called a "transition plan already under way to improve” performance.

Kate Quinn, one of American Banker's 25 Women to Watch in 2016, was given expanded duties, and consumer banking chief Kent Stone will retire.

The decision to keep a retiring CEO on the board and as a member of senior management can be a real detriment to the new CEO, according to one credit union executive.