Thomas Bowen, a credit union and cooperative leader, passes.
Details on former credit union league executive Mike Beall's dismissal have not been revealed.
Cooperative leaders discuss the potential for credit unions in Cuba at a recent press conference.
The U.S. leaders share their plans to take credit unions to embargo-free Cuba.
If Karnes is elected, he will be part of a growing credit union industry presence at the National Cooperative Business Association.
Beall had been with MCUA for two years, now making return to D.C. as president/CEO of the National Cooperative Business Association.