CSCU said Friday its President/CEO Robert Hackney will retire at the end of the year after nearly two decades of service.

Tom Davis, formerly senior vice president of finance and technology for the Tampa, Fla.-based payments processing CUSO, has already taken the position of president/COO and will become president/CEO on Jan. 1, 2018.

“Bob was CSCU's very first employee and his leadership and contributions to the company are beyond measure,” said Barry Shaner, CSCU board chair and president/CEO of the $708 million Directions Credit Union in Sylvania, Ohio. “Although he will be sorely missed, he leaves a legacy behind.”

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