AOD FCU CEO: Unsure Why Board Denied Future Employment Contract
Richard Simonton, who has served as president/CEO of AOD Federal Credit Union for nine months, said he is not sure why the cooperative’s board of directors denied his request for a commitment for future employment.
Simonton was hired in December 2012 to lead the $262 million credit union in Bynum, Ala. He had been working as a conservatorship CEO for the NCUA. He said it now appears he will be leaving AOD FCU at the end of October.