SOUTHFIELD, Mich. – The founders of credit union data processing C.U. Processing are leaving the parent firm that purchased C.U. Processing last year. David Palmer, long-time CEO of C.U. Processing prior to it being acquired by Canadian IT powerhouse CGI, is leaving, along with Paul Chauvin, who served as CFO of C.U. Processing. After CGI acquired C.U. Processing, Palmer became Senior Vice President and General Manager for CGI's Credit Union Solutions and Services unit. Chauvin was named Senior Vice President and Controller for CGI's Credit Union Solutions and Services. CGI acquired C.U. Processing last October. Palmer and Chauvin founded C.U. Processing in 1984. Both said they are leaving to pursue other interests. "My decision to pursue other interests was not taken lightly. The past 20 years have been a challenging and rewarding experience that I will hold sacred for the rest of my life. I wish the company, its customers and its employees the best of luck in the future," said Palmer.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.