Succession planning

Mendell Thompson, who has led the Glendora, Calif.-based institution for more than 30 years, plans to retire later this year.

Timothy Crane is set to succeed Ed Wehmer as president, though Wehmer will remain the Illinois company's CEO.

The U.S. arm of Toronto-Dominion Bank said Matt Boss will oversee credit cards, residential loans and deposit products, among other areas.

President and CEO Bob Corwin plans to retire by this summer, having led the Clackamas, Ore.-based credit union for seven years.

Larry Fazio, longtime head of the agency’s examinations division, has been promoted to executive director. He will succeed Mark Treichel, who will retire later this year.

The company, which just hired CEO Jay Sidhu's son to groom as its next chief, had been holding itself back to avoid caps on interchange fees.

The Maine-based credit union's president has retired after 30 years at the institution.

Justin Olson will take the helm from CEO Jim Lumpkin, who led the $90 billion-asset USAgencies for more than two decades.

Dennis Hanson, the credit union’s longest-serving chief executive, has announced his plans to retire. A new leader will take the helm in April.

A shrinking industry and inadequate succession planning – particularly at smaller credit unions – is likely to increase competition for top talent and make executive recruitment even more challenging in the year ahead.

The Providence, R.I., bank said that Rick Suarez would succeed Rob Clarfeld as head of Clarfeld | Citizens Private Wealth.

Patrick O'Brien had been CB Financial's president and CEO for about two years.

In the newly created role, Daniel Budington will be responsible for developing strategic partnerships and identifying growth opportunities.

In his new role, David Chubak will oversee all of Citigroup’s retail channels, product management and client segments.

Andy Kempf has taken the helm from David Leusink, who retired after 30 years in the credit union movement.

Laurie Baker, a 25-year veteran of the credit union, will take the helm next month after longtime CEO Mike Vadala retires

Banks had the highest turnover of chief compliance officers among the 100 largest financial services firms in the world, according to a recent study. Recruiters say that’s a function of changing job demands, high pressure and poaching by fintechs — plus old-fashioned demographics.

Michael Troutman will serve as chief revenue officer at Bay Banks of Virginia, where he will advise management and the board on growth opportunities.

Donald Gillespie took over as CEO on Jan. 1, succeeding retiring chief executive Janet Bantz.

Courtney Fifield, a longtime staffer at Athol Credit Union, was recently appointed president and CEO.