The $197 million Missouri Corporate Credit Union announced a major leadership change Tuesday when CEO Dennis DeGroodt announced he will retire July 31. DeGroodt has led the St. Louis-based corporate for 16 years.

“We are very sad to see Dennis retire,” said Dave Osborn, president/CEO of Anheuser-Busch Employees’ Credit Union and chairman of the corporate’s board. “He was been an outstanding leader and has guided us well through both calm and rough waters.”

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