ACCU has to Roll with the Punches of Revolving CEO Door
WASHINGTON - If you're Association of Corporate Credit Unions Executive Director Mike Canning, changes in corporate CU network leadership does present some challenges. "All in all I've seen five changes at the top at corporates. What I really regret is the loss of talent and expertise from the network," said Canning. During Canning's tenure leading ACCU he's seen the retirement of Corporate Central CU CEO Mark Schroeder; the career changing move of Constitution CEO Dave Addison to become CEO of Texans CU; the termination of SunCorp CEO Eric Kenealy; a revolving door at Central CU Fund where Gary Glassman left and CEO Emile Bonneau, a well-respected consultant, moved in before Central CU Fund landed a permanent CEO-and now Kampen. "The first thing I have to do is get in front of the new person and educate them on what the association is and what we do," said Canning. ACCU is in a bit of an evolution itself. It for the first time ever has three employees on staff and it's new Compliance Clearinghouse is designed to be a resource for all corporates in interpreting how regulations affect corporates, such as the Bank Secrecy Act, which had many corporates searching for answers earlier in the year. Canning says he hopes to develop new relationships with the new leaders so ACCU can stay on track with its goals of becoming a stronger resource for corporates.