ABA Executive Vice President for Congressional Relations and Public Policy Floyd Stoner will retire at the end of the year, the trade group announced today.
“The ABA is in good hands with its new leadership and now seemed the right time for a transition,” said Stoner, who has worked with the association since 1985.
Under Stoner, the ABA has worked with other trade groups to successfully block parts of the credit union agenda, including raising the cap on member business loans.
His job will be divided among two staff members.
Ken Clayton will be chief counsel and senior vice president of legislative affairs and James Ballentine will be senior vice president of congressional relations and political affairs.
Former Oklahoma Gov. Frank Keating became ABA’s president/CEO earlier this year.