Calvao's Successor Found Within CU's Own Walls
SAN DIEGO -- The $3.8 billion San Diego County Credit Union has looked within for its next CEO.
Irene Oberbauer will succeed Rod Calvao as CEO of the CU effective Aug. 1, 2007.
Oberbauer, who is currently chief operating officer, has been with San Diego County CU for 12 years.
Calvao announced his plans to retire last summer. Calvao has served as CEO the past 15 years. The CU was just $419 million in assets when he took over.
"It is an honor to be selected as the president and chief executive officer of SDCCU and to be succeeding such an outstanding leader in the industry," said Oberbauer.