Workers' Elevates Petersen to CEO
Douglas J. Petersen, who became the interim CEO of the $800 million Workers' Credit Union of Fitchburg, Mass. in December following the sudden departure of its veteran head, Frederick D. Healey, has been promoted to the permanent CEO slot.
Healey is the current chairman of the Credit Union Executives Society, a position he was elected to last November.
Healey had been Workers' CEO since 1995. He is a former senior vice president of New Bedford Institution for Savings from 1993 to 1995 and previously was an executive of South Shore Bank in Boston from 1988 to 1993.
The president/CEO of CUES, Fred Johnson, said no changes are anticipated in the elected leadership of the Madison-based trade group since "Fred is a member in good standing." He was elected for a one-year term.