MADISON, Wis. (1/23/14)--A number of credit union CEOs announced their retirement plans for 2014, including Rudy Hanley, president/CEO of SchoolsFirst FCU.
Hanley, who has been with the Santa Ana, Calif.-based credit union since 1982, said in a message to members that the decision was not an easy one. "The last 31 years have been the most fulfilling and rewarding of my career, thanks to our wonderful members and team members whom I consider my second family," he said (CU Weekly Jan. 17). His retirement will be effective at the end of March. The board is currently seeking a successor at the $9.7 billion-asset credit union.
Last week, Travis CU President/CEO Patsy Van Ouwerkerk announced plans to retire this summer. She has been in the credit union movement for 38 years--12 as CEO of the Vacaville, Calif., credit union. Executive Vice President Barry Nelson was selected unanimously by the board of directors to replace Van Ouwerkerk. He previously has served as chief financial officer and chief operating officer for the $2.1 billion-asset credit union.
Jim Updike, president/CEO of Honda FCU, Torrance, Calif., will transition to a senior adviser position April 1 as he readies for his May 2015 retirement. Updike has nearly 45 years of credit union experience, beginning with San Diego Gas and Electric CU. Chief Operating Officer Steve Brandon will succeed Updike as leader of the $625 million-asset credit union.
Lufkin (Texas) FCU announced the Jan. 3 retirement of President/CEO Linda Smith. Smith served as president/CEO of the $30 million-asset credit union for 16 years. She began her career at the credit union in 1978 as a teller (The Lufkin News Jan. 19).
Under a board initiative, the transition at Fort Knox FCU, Radcliff, Ky., has been five years in the making. After 23 years as president/CEO, Bill Rissel will retire effective July 1. Ray Springsteen, who was appointed senior vice president in 2009, will take over the reins of the $1.1 billion-asset credit union upon Rissel's departure (The News-Enterprise Jan. 18).
Susan Peddle, who served as president/CEO of Forsyth County Employees CU, will retire as manager/CEO of Summit CU, effective Jan. 31. Peddle was with the Winston-Salem, N.C., credit union until it merged with Summit CU, Greensboro, N.C., in 2008. She has more than 31 years of service in the credit union industry (Winston-Salem Journal Jan. 13).
Riverside Health System Employees CU, Newport News, Va., announced the retirement of President/CEO Janet Harris. For 25 years, Harris led the $9 million-asset credit union and advocated for small credit unions. She is succeeded by Heidi Lewis, who was CEO of Hampton (Va.) City Employees CU, a $5.7 million \-asset credit union.
Dawn Harris is the new president/CEO of Campus FCU, Baton Rouge, La. She has more than 30 years of experience as chief operating office, executive vice president of retail services and vice president of marketing. Harris succeeds John Milazzo, who served the $502 million-asset credit union for 28 years (eNews Jan. 22).