Lots of Notable Changes in the Corner Office
SHREWSBURY, N.J. - Last week saw a number of high-profile CEO changes at credit unions.
The $371 million Norlarco CU, Fort Collins, Colo. found its new CEO within the industry in Robert Hammer. Hammer was most recently executive vice president with the $2 billion Mission FCU based in San Diego.
Hammer replaces Chuck Mabry, who has been CEO for the past eight years. Mabry is retiring.
The $635 million Corporate America Family CU, Elgin, Ill., has named executive vice president Peter Paulson to succeed Dick Wellner as its CEO.
Wellner retires in February of next year. He led the CU since 1975.
Paulson has been with Corporate America for 18 years. He currently serves as president of its CUSO, Corporate America Financial Services.
The $290 million SAC Federal Credit Union, Omaha, Neb., named Gail DeBoer as its next president/CEO.
DeBoer succeeds James Guretzky, who is scheduled to retire in January after nearly 22 years at the helm. DeBoer currently serves as executive vice president and will continue to manage the operations department until her successor is chosen. DeBoer has been with SAC FCU since May 1988.
Guretzky said he made the decision to retire to have more time for his family and leisure activities. Guretzky became well known in the industry as chairman of NAFCU.