Succession planning

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.

The Tampa-based credit union will start the new year with a new CEO, as Robert Fisher retires after 29 years at the helm.

Wells Fargo's continued leadership shake-up led to more executive shuffling in the final two months of 2019.

One found a buyer, another announced plans to retire, and others took steps to reinvent their banks.

Renee Ouellette has taken the helm as a permanent successor to UCU's previous CEO, who took a position with a bank earlier this year.

Regulators said the living wills of six banks — not Goldman or JPM — need tweaking; the investment values the global business travel unit at $5 billion.

In addition to overseeing the bank’s lines of business, technology and operations, Kevin Blair will now be responsible for human resources, credit administration and all customer-facing support functions.

Mike Mercer had planed to work as part of the combined League of Southeastern Credit Unions until a least 2023, but recently approached the league's board with an early retirement request.

From appointments to prestigious committees to new members of the executive team, local honors and more, here are some of the latest personnel moves from across the industry.

Named interim CEO in August, Noel Quinn now appears to be the front-runner to lead the global bank's next turnaround.

Stephen Grech, currently CEO of Monroe County Community FCU, will move to the $225 million-asset LOC early next year.

EVP/COO Kim Reedy will take the helm after David Doss steps down.

The regulator says the bank needs to address employee complaints and pay controls; the presidential hopeful would make it more difficult for banks to combine.

Craig Howie, who joined the bank after a merger, will succeed the retiring Jon Evans on Jan. 1.

Rodney Hood, chairman of the National Credit Union Administration board, visited a Connecticut institution while others announced personnel changes.

Paul Simons has worked in the industry for 48 years, including more than three decades at the helm of the Illinois-based institution.