Succession planning

Ten weeks after his emergency procedure, the longtime CEO told shareholders Tuesday that he's in good health and will not be stepping down anytime soon.

Mike Maddox will succeed George Jones on June 1.

After nearly two decades with the company, Hanisch is the longest-serving member of the executive team at CO-OP Financial Services.

Thomas Lopp cited health reasons for leaving Sterling Bancorp less than six months after becoming CEO. Sterling has been dealing with revenue issues after shutting down its biggest lending program over underwriting concerns.

Ronald Belle will lead the Rome, N.Y.-based institution after Mark Pfisterer retires.

TruStone Financial and Firefly Credit Union have announced plans to merge, pending regulatory approval and charter changes.

Discover Financial Services said Thomas Maheras will serve as its chairman after the death of Lawrence Weinbach.

Michael Baker will become president and CEO of SAFE Federal Credit Union in May while the institution's current leader, Darrell Merkel, plans to retire this summer.

Renee Christoffer will take over leading the institution when Monte Berg, the current president and CEO, steps down at the end of July.

Dean Bass, chairman and CEO of Spirit of Texas Bancshares, had taken a leave of absence after contracting COVID-19.

A familiar face is taking the reins at the Baytown, Texas-based credit union, following the departure of its former chief executive earlier this year.

Spirit of Texas Bancshares named an interim CEO for Dean Bass, though the company said he is recovering.

Gibbons had been in the position on an interim basis since September, when his predecessor, Charlie Scharf, left to become CEO of Wells Fargo.

The Somerville, Mass.-based credit union appointed its VP of lending to serve as temporary CEO following the departure of its longtime leader for another institution.

Tom Meyer, CEO of 1st Capital since 2015, decided to step down because shelter-in-place orders are keeping him from family hundreds of miles from the bank.

The voluntary agreements were meant to help the FDIC make staffing changes ahead of a wave of retirements. But concerns about the coronavirus means those plans will be put on hold.

The central bank made two more moves to keep credit flowing; the Housing Policy Council plan would halt mortgage payments during the COVID-19 crisis.

Quinn served as acting CEO since August, when John Flint was ousted over concern he couldn't lead the bank through an increasingly treacherous series of economic challenges.

TD Bank Group's top lawyer will succeed Allen Parker at scandal-plagued Wells Fargo later this month.

HSBC sounded out former Citigroup banker James Forese to gauge his interest in the chief executive officer's post, at least the third high-profile outside financier to be approached.