After 20 years of service on NACUSO's board and nearly four years as its CEO, Tom Davis announced today that he will leave the organization Dec. 31 to become the CEO of CUSO Development Co. LLC.

"It's time to let someone else take lead at NACUSO," Davis said.

When Davis took the CEO position at NACUSO he did so with the board's agreement that he could continue part-time with Davis & Co., his management consulting firm, according to NACUSO. He would also remain as a partner in CDC, a credit union-owned, national holding company that provides mortgage loan origination, business services and other solutions through subsidiaries.

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