Succession planning

The Louisiana credit union holds just $3.5 million of assets and could not find a successor for its retiring chief executive.

Ann Dubie stepped down from the Joliet, Ill.-based credit union in March after 20 years at the helm.

Valley National wanted to become more customer friendly, while Washington Federal needed more commercial clients. The leaders of those companies recently discussed the tough decisions they made to bring about much-needed change.

John Servos spent the last dozen years as CEO of the St. Louis-based Neighbors Credit Union.

The Oklahoma regional bank said Steven Bradshaw plans to retire in March 2022.

David Bunch joined the Maryland credit union as a member in 1979 and has worked there since 1987. He was appointed to lead the organization in 1996.

Stephanie Sherrodd, who has led the Texas credit union since 2012, will leave at the end of April to pursue other opportunities.

Sam Sidhu, whose father is CEO Jay Sidhu, will become president and chief executive of Customers Bank in July.

Matthew Gehman will take the helm at the Lancaster, Pa., institution on April 1, succeeding W. Kent Hartzler, who has been CEO since 2007.

David Murphy, the credit union's vice president of risk and finance, will succeed Carol Adler, who is retiring.

Paul Marsh resigned as president and CEO of the South Bend, Ind., credit union on Tuesday after 30 years there. An interim chief has been named and the board is searching for a permanent successor.

Timothy Collia will step down from the Portsmouth, N.H.-based institution later this year. A search for his successor is already underway.

Jay Murray has spent 30 years with the corporate credit union but plans to leave in June to spend more time with family.

The Rhode Island institution's next CEO has led lending operations at nearby Navigant Credit Union since 2017.

Longtime leader John Young plans to retire at the end of 2021, and the credit union has hired Humanidei to find a replacement.

Walter Kaczmarek, who ran the bank from 2005 to 2019, will also serve as interim president following the retirement of Keith Wilton.

Harmening, set to take the helm of Associated Banc-Corp next month, is being asked to replicate the digital transformation he led at Huntington Bancshares. His career path is a signal to the industry’s rising stars that the road to the corner office includes hands-on technology work.

Mark Kelly will step down next month as president and CEO of the Oklahoma City-based institution. He will be succeeded by the credit union's executive vice president.

Juan Fernandez Ceballos will take the helm at the state league following Paul Stull’s retirement this summer.

Andrew Harmening, who oversaw Huntington's digital strategy, will succeed the retiring Philip Flynn as president and CEO of the Wisconsin regional bank in April.