MADISON, Wis. (5/9/14)--Angela K. Owens, president/CEO of American Airlines FCU, has been appointed to the CUNA Mutual Group board of directors.
Owens has been president/CEO of the $5.6 billion-asset, Fort Worth, Texas-based credit union since 2008. American Airlines FCU employs 580 people and has more than 230,000 members.
Owens brings finance and accounting experience to the CUNA Mutual board, having also held multiple leadership positions at commercial air carrier American Airlines.
"Angie has been a results-driven leader at every point in her career," said Robert N. Trunzo, CUNA Mutual Group president/CEO. "She's a strategic thinker who understands an organization's balance sheet and will be a valuable addition to the CUNA Mutual Group Board."
Also this month, terms are expiring for three CUNA Mutual Group board member. All three are former board chairs, including: Alan Peppers, president/CEO, $1.2 billion asset Westerra CU, Denver; Larry Wilson, retired president/CEO, $2.2 billion-asset Coastal FCU, Raleigh, N.C.; and Loretta Burd, retired president/CEO, $1.1 billion Centra CU, Columbus, Ind.
With the expiring terms, and the addition of Owens, the board will stand at 11 director positions going forward, with 10 of them being outside directors, along with the CEO.
"Our board of directors brings strong insight to lead CUNA Mutual Group to long-term success," Trunzo said. "The board is an even mix of leaders from the credit union industry and those with business experience from other businesses. This ensures we remain true to our credit union heritage while also embracing broad viewpoints. Our policyholders can be assured this board composition means their insurance company is being guided by world-class leadership."