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Dick Wellner, Jim Guretzky, Rod Calvao, Bill Myers, Ava Milosevich…these names are proof that oft-cited predictions that up to half of credit union CEOs could be retiring in the next five years weren’t doom and gloom, they were on target. Each of the CEOs mentioned above is a credit union veteran who has recently announced retirement plans, some giving up to a year’s notice.

Need more proof? Approximately 30% of respondents to CUES 2006 compensation survey have been in their CEO positions for more than 15 years, and 15% more than 20 years! More and more big name CEOs will be leaving the industry in the coming weeks, months and years, that’s for certain. What’s not certain is if there are enough candidates ready and willing–or so viewed in board members’ eyes–to replace them. More so, what does the credit union CEO of the future look like?

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