Succession planning

John Gerspach is scheduled to leave next March after 10 years and be succeeded by Mark Mason; ING will pay nearly $900 million for failing to stop money laundering by clients.

Numerica names six new executives and more new hires, promotions and special recognition at credit unions across the country.

Three longtime Citigroup executives, including Chief Financial Officer John Gerspach, are stepping down as the bank realigns its top management.

Melissa Ashley, who has been with the corporate since 1999, has been tapped to succeed retiring CEO Lee Butke.

Doug Bass had been one of the South Dakota company's regional presidents. He succeeded Ken Karels, who remains chairman and CEO.

Seven Seventeen selects new officers to lead the way at their branches, and more new hires, promotions and special recognition at CUs across the country.

The company said that Michael Segner had also succeeded Stephen Mourlam as its president.

Richard Murray IV was named chairman, succeeding John Holcomb III. Murray replaced Holcomb as CEO last year.

Jeanne Walker will leave Houston-based Southern Federal Credit Union later this year, with Credit Union Resources leading the search for a successor at the $93 million-asset institution.

Two credit unions both tapped new senior vice presidents of member experience and more new hires, promotions and appointments.

Cooperative Credit Union Association President and CEO Paul Gentile is set to take over at Merck Employees FCU later this fall.

Bringing in new talent and/or promoting from within can bolster a credit union's performance.

As director of the Fed's Division of Research and Statistics, David Wilcox is responsible for briefing the Federal Open Market Committee on the outlook for the national economy.

A look at who's hiring, the positions they're filling and more promotions, appointments and other CU professionals in the news.

Craig Kauffman had been a regional executive for Susquehanna Bancshares and BB&T.

Cook has been with the credit union since 2015, and his appointment to the top job follows months of tumult after the previous CEO was fired in March.

Big changes to Hoosire Hills board of directors, two new executives move to the C Suite at VyStar and more new hires, promotions and appointments.

Since John Turner took over as CEO in July, Regions has announced several executive appointments, including promoting Kate Danella to oversee strategic planning.

The board chair for CoastHills Credit Union says a wrongful termination suit by ousted CEO Jeff York is full of "false allegations," and that the credit union acted in the "best interests" of members.

The Minneapolis company said Wednesday that Richard, a senior executive in its risk management office, will succeed Bill Parker in October.