GLENDORA, Calif. – Troy Stang, who has served the past 16 months as President George W. Bush's Director of Public and Legislative Affairs at the U.S. Department of the Treasury, has accepted a position as Executive Vice President and Principal of the executive benefits design firm Executive Compensation Solutions, effective Jan. 2. Executive Compensation Solutions is a privately-held company with offices in Los Angeles, San Diego, Boston, and Washington, D.C. Since 1970, ECS has provided compensation consulting, benefit design and administration services to clients nationwide. ECS is as an owner and member firm of M Financial Group. "The experience that Troy Stang brings to Executive Compensation Solutions will be a huge advantage to us as he helps lead our growth as a premier consulting and advisory firm to credit unions," said Alec Berkman, CEO of ECS. "We are pleased that Troy will lead our effort to communicate the changes we have been instrumental in implementing in the credit union executive retention and retirement landscape." In the Treasury Department, Stang was responsible for all public and legislative efforts related to domestic finance and economic development. He also oversaw all communications and directed the Treasury's outreach to business and the financial services communities. Previously, Stang served as vice president of the Texas Credit Union League and functioned as chief of staff to former CUNA Chairman Dick Ensweiler early in his tenure. He has also held senior positions at Hiway Federal Credit Union in St. Paul, Minn., and at Central Minnesota Federal Credit Union in Paynesville, Minn. The move to ECS will be Stang's first "entrepreneurial" position, a role he says empowers him to give back to the credit union movement. "My experience was 100% credit unions for over a decade, but my eyes were opened at the Treasury Department on how other financial institutions operate. I anticipate a number of changes in the hiring of credit union CEOs in the future. Quality people have a choice in where they go to work. How can we attract and retain top talent? Compensation and long-term benefits packages will help answer that question. "I've been impressed with the reputation and integrity ECS has built in the credit union industry," Stang said. "Recruiting, retaining and rewarding stellar leadership in the credit union movement is key to maintaining its unique competitiveness in the financial services market place." Stang eventually will be based in Texas. -

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