Succession planning

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.