Leominster CU Names SVP its New CEO
John O’Brien has been promoted to president/CEO at the $613 million, 49,400-member Leominster Credit Union in Leominster, Mass.
Senior Vice President of Retail Carol Southworth had been serving as interim president/CEO since the departure of Paul Gilbody in January after six months on the job.
O’Brien joined LCU in 2007 as senior vice president of lending after working in operations, sales and planning positions at Household International and HSBC, LCU said.
“By selecting a candidate of John’s caliber from inside the credit union, not only did we find someone with great leadership and management skills, but one who knows the organization very well and who, as a member of the executive team, has helped establish its goals and strategic direction throughout the past five years,” LCU Board Chairman Anthony Gasbarro said in a statement.
“Carol’s leadership skills kept the credit union’s performance and strategic initiatives moving forward while we conducted our search to fill the position,” Gasbarro added.
O’Brien said, “Over the past five years, I’ve had the pleasure of working with an outstanding team who is truly dedicated to making the credit union the best it can be. I believe that because of this talented and committed staff, my transition to President and CEO will be virtually seamless to the members and communities we serve.”
Gasbarro cited O’Brien’s community activities, including the Parks Facilities Committee and as vice chairman of the Board of Selectmen, as well as the local Chambers of Commerce and the New England Credit Union League Lending Council.
O’Brien is an Air Force veteran, married father of two adult children and attended the University of Maryland, Holyoke Community College and Duke University's Fuqua School of Business.