Two of Arizona's largest credit unions have selected new CEOs.

Todd Pearson, senior vice president/chief operations officer at the $420 million Arizona Central CU of Phoenix, was named president/CEO replacing Roland E. Livermon Jr. who retired after 12 years as the CU's top executive. Pearson has been serving as interim CEO since Livermon's retirement last January.

Also, the $507 million First CU of Chandler has picked Jay Curtis, executive vice president and chief financial officer, as CEO succeeding Fred Kent, who retired in May after 26 years with the suburban Phoenix CU.

Prior to becoming CFO, Curtis served six years as a volunteer on the CU's Supervisory Committee.

Pearson, of Arizona Central, has been with the CU since 2002 overseeing branches, lending, marketing, and business services. Pearson previously was vice president of League Services Corp. at the Arizona Credit Union League.

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