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Items Tagged with 'succession'
The future looks to be increasingly mobile.
June 10, 2013
CUs can expect growing loan portfolios due to an improving economy, rising consumer confidence, and less deleveraging.Read More
Two-thirds of CUs have CEO succession plans in place.
September 13, 2012
The average age of a CU CEO is 53.4 years.Read More
Use your CU’s brand as a tool to recruit new directors.
September 1, 2012
CUs will find it hard to compete in the future without new blood on the board.Read More
As baby boomers begin to retire, CUs will see turnover at all levels.
September 1, 2012
Approximately 10,000 baby boomers will turn 65 every day for the next 18 years, reports the Pew Research Center.Read More
America's CU Conference
Make sure compensation plans include entire executive team, urges Albraccio.
June 22, 2012
It's important to build a compensation structure that will maintain the executive team and provide stability during a time of transition.Read More
Does your CU have a succession plan—or just an emergency plan?
June 5, 2012
In effective succession plans, two main elements work together: executive development and incentives.Read More
CUs face increased risk of losing top talent to other organizations.
May 12, 2012
Build ‘bench strength’ so your CU has a top-notch CEO in waiting.Read More
More than two-thirds of CEOs at CUs with more than $500M are over age 55.
August 22, 2011
Planning now will help ensure you have ‘the right people on the bus’ moving forward.Read More
Special Report: America's CU Conference
Filene fellow stresses the importance of continuity in leadership.
July 1, 2011
If everyone looks like you in the boardroom, your board needs a greater diversity of skills and experience.Read More
Doing so is in members’ best interests and helps fulfill directors’ fiduciary duties.
June 22, 2011
Explain that a succession plan is designed to find future directors, not weed out current directors.Read More