NCUA's Harper Drafting Rule for Succession Planning

The NCUA chair says many mergers are being forced to occur because no one is ready to take over when a CEO retires.

By Jim DuPlessis | November 16, 2021 at 10:00 AM

NCUA Chairman Todd Harper said he is preparing a new rule to address the failure of many credit union boards to plan for how they will replace their key executives when they retire — "especially in smaller credit unions."

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NCUA's Harper Drafting Rule for Succession Planning

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