Succession planning

Matthew Prosseda, former president and CEO of First Keystone Community Bank, was hired by Kafafian Group to advise banks on strategic planning.

New board elected at Mississippi league, PenFed president earns special recognition, and more new hires, promotions and appointments.

Scott Kaulukukui succeeds Gerard Auyong, who has led the credit union for the past 30 years.

After he takes over as CEO Oct. 1, Solomon has some key executive appointments to make, and observers will keep a close eye on the resources he devotes to help the bank accomplish its target of $5 billion in new revenue opportunities by 2020.

David Solomon is officially named as Blankfein’s successor; the British bank is under pressure from an activist shareholder to boost its stock price.

Rich Kump takes the helm from retiring CEO Kathy Hutchinson.

Succession plan could be formalized this week; bankers may be getting nervous about extending construction loans.

When current CEO Jerry Ragan retires next month, Brian Albrecht will take over at the helm, having started with the credit union 10 years ago as a member service representative.

Sarah Spooner moves from chief financial officer to the corner office.

Barb Brown will retire on Jan. 1, 2019, with new CEO Doug Wolf set to take the helm this fall.

Mark Turner will retire at the end of this year. Rodger Levenson, the company's chief operating officer, will take the helm.

The moves are seen as setting the stage for CEO James Gorman’s eventual retirement; banks outside the U.S. are suffering from the greenback’s recent rise.

CU executives are taking the reins at one corporate credit union, plus more news of new hires, promotions and accolades at CUs across the country.

Terri Salstrom has been with the credit union for more than 35 years, with 25 of those years as president and CEO of the $245 million-asset institution.

Jeff Deuel will take over as CEO of Heritage Bank in Olympia, Wash., for Brian Vance, who will remain as the head of the holding company until next year.

Beach Community Bank, which recently added $100 million in capital, hired veteran banker Carl Chaney as its executive chairman.

Mark Herter has been with the credit union since 1985 and will be succeeded as CEO by current president Laura Campbell.

Current CEO Bill Butler will retire in June 2020, at which time COO Christy O’Connell will take the helm.

Northwest Bancshares in Pennsylvania, which built a reputation as an active acquirer, is taking a step back under Ronald Seiffert to evaluate ways to grow without M&A.

The credit union's current CEO, Paul Wagner, will retire in February 2019, and Marchese will ‘shadow’ him until then.