Succession planning

Beacon Business Bank hired former Boston Private executive John Delaney as its new leader.

Jason S. Lee is joining the Summerville, S.C.-based institution as president and chief operating officer but he will eventually take over as CEO.

Credit unions have announced a number of new hires and promotions in areas such as lending and retail operations.

Sean Daly, the Middletown, R.I.-based institution's CFO, will take over as president and CEO when Ellen Ford steps down in November.

As management teams meet to set their priorities, there is a range of issues, including consolidation, cybersecurity and succession planning, that will likely come up.

Lisa Perrin will take over at the Massachusetts-based institution when President and CEO Karen Duffy retires.

Credit unions will be covering a range of important issues, including community development and enterprise risk management, as they review their operations.

During a slow summer, a handful of banks managed to hire away multiple executives from competitors and introduce new leadership.

America's Credit Union Museum has named new board members while a number of institutions have recruited additional talent.

The firm joins $40 billion “technology megafund” sponsored by SoftBank Group; company says partnerships are taking longer than expected to bear fruit.