Succession planning

Why 'CEO' stands for chief experience officer at one credit union, new branch managers selected at another, and more CU pros and volunteers in the news.

After being fired earlier this year, former CEO Jeff York says in legal action he was let go without cause, prior to end of contract term.

Credit unions, leagues and other industry stakeholders announce steps they have taken to identify and reward strong leaders.

Newell is set to focus on growing the Self-Help brand throughout Chicago and Milwaukee.

Toyota Financial Services has promoted a company insider to replace Mike Groff, who is retiring at the end of this month.

Mary Scheib has spent 28 years with the credit union and is credited with playing a critical role in shaping the institution's strategy, budget and more.

Michaels is a third-generation credit union CEO and was an early member of the Crasher group, known today as the Cooperative Trust.

Industry veteran A.W. Pickel III became president of Waterstone Mortgage in June, and now the company has decided to promote him to succeed longtime CEO Eric Egenhoefer.

Colony Bankcorp has recruited two executives in addition to buying a branch and a vacant lot from Planters First Bank.

First Hawaiian, which is currently being spun off from BNP Paribas, has hired Ravi Mallela as chief financial officer.

Shemara Wikramanayake’s appointment is termed a “landmark”; the company’s stock falls 3% despite a 28% earnings increase.

Key promotions and new hires are aimed at beefing up sales and service.

In addition to leading the company’s national business banking efforts, Peter Sefzik will also oversee small-business banking. Brian Foley, the chief credit officer for the Texas market, will succeed him as market president.

The bank entangled in probe of Michael Cohen; Mayopoulos to leave at yearend, CFO Benson to become president.

The $471 million-asset credit union has retained an outside source to conduct a search for Eileen Rivera's successor.

Purchase of data firm and cancellation of a stock buyback rile shareholders; smaller banks are concerned tariffs could hurt business lending.

Texas Credit Union Commissioner Harold E. Feeney plans to retire at the end of this year.

Brand comes to Empower from Evergreen Credit Union, where he has served as president and CEO since 2011.

Rose Ellis Baggerly started at the Virginia-based CU in 1979 as a teller and was appointed to the top job in 1997.

Goldman’s new CEO is expected to instill more corporate discipline; second quarter earnings jumped nearly 40% compared to a year earlier on higher revenues.