WEST PALM BEACH, Fla. – Credit unions shouldn't confine themselves when it comes to finding ways to find a new CEO. That's the take of voters in Credit Union Times' recently expired voting poll delving into the issue of how to replace the CEO. Some 60% of voters said CUs should use some combination of succession plans, external search firms, board committees to look within the CU, and classified ads to find successors. The question and results are as follows: What's the best way for a board to find its new CEO? * Succession plan where someone internally is ready to fill the job
22.63% * Use an external search firm and look nationwide spanning multiple industries
11.52% * Form a board committee that only looks within the credit union
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3.29% * A combination of some or all of these options
60.49% Total Votes:
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