Michael Sauer has been named the new president/CEO of $1.8 billion Texans Credit Union effective immediately after serving in an interim role since January.

Sauer succeeds David Addison, who resigned on Jan.31 after six years of service. A member of Texans’ board since 1992, Sauer served as chairman from 2002 to 2006 and has held other board positions such as vice chairman, treasurer and secretary. In addition to his career at Texans, Sauer served as the executive vice president and chief operating officer for a commercial products company and earlier as a vice president for a global manufacturing company.

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