TUKWILA, Wash. (12/10/14)--Butch Leonardson, chief information officer of BECU, has used a business model focused on the member experience to help earn a spot on the Information Week's Bank Systems & Technology's 2014 Elite 8 list of information technology (IT) executives.
|Information Week's Bank Systems & Technology named Butch Leonardson, chief information officer of BECU, to its Elite 8 list of information technology executives. (Information Week Image)|
When Leonardson joined BECU as CIO in 1999, he had no experience managing IT in the financial services sector, Bank Systems & Technology reported. But he brought an "outside-in" business model, honed in his years working in the health care industry, that puts IT's focus on the consumer.
Under Leonardson's model, the organization starts with the desired consumer outcome and works back, rather than starting with the technology. "I think that philosophy keeps IT focused on the business, rather than technology," Leonardson told Bank Systems & Technology.
Guided by that vision, he led BECU through an IT conversion in 2002 that enabled it to become a community-chartered credit union. The credit union has since quadrupled its assets to $12 billion from $3 billion.
With his sterling track record, Leonardson will soon depart BECU to pursue a new opportunity with Cornerstone Advisors, a consulting firm, where he looks forward to mentoring other credit union CIOs on leadership skills, the publication noted.