Succession planning

The embattled executive says the nation’s fourth-largest bank “will benefit from a new CEO and fresh perspectives."

Credit unions have hired and promoted executives in member business lending, relationship management and more.

Andy Reed, who currently leads Texas People Federal Credit Union, will become president and CEO of the Dallas-based institution in May.

James Mears has served as COO of the Newport News, Va.-based institution for 15 years.

Karen Duffy, the veteran leader of the Massachusetts-based CU, will retire on Aug. 31.

Alan Bergstrom previously served as chief marketing officer for a Wisconsin credit union before taking over at Exclamation Services.

Wells Fargo said Chief Executive Tim Sloan has the full support of its board following a report that directors had reached out to Goldman Sachs' former chief financial officer for his job.

Paul, one of American Banker's Community Bankers of the Year in 2012, made Eagle a formidable Washington-area institution.

Christopher Becker will succeed Michael Vittorio in January.

Credit unions are changing up personnel in operations, finance, lending and more.