Succession planning

The agency says it is not cutting its workforce but that the new strategy is necessary because it has an unusually high number of workers near retirement age.

The South Florida company said Alberto Peraza, who played a key role in its 2018 initial public offering, is leaving for personal reasons.

Prodigy, a fintech focused on mobile solutions for credit unions, has a new CEO in the wake of a retirement.

Joe Nowland will be succeeded by COO Mary Svoboda, who will lead the Jacksonville, Fla.-based credit union on an interim basis.

Tony Aylsworth, chief risk officer, is taking over as president so CEO David Milligan can concentrate on acquisitions.

National Credit Union Administration board member Todd Harper also emphasized the risks of poor succession planning during remarks on Wednesday.

JPMorgan would consider buying other businesses; collectors would be allowed to pursue debt past the statute of limitations, if they warn borrowers.

Payments firm announces leadership changes; the bank will place restrictions on fossil fuel lending while adding to sustainable projects.

Karyn Davis has taken over as chief executive following Linda Stanton's retirement.

Roger Heacock, president and CEO of the South Dakota-based institution, will step down in January.