MADISON, Wis. (11/8/13)--
CUNA Mutual Group today announced that Robert N. "Bob" Trunzo will be its next president/CEO, succeeding Jeff Post, who is retiring. The appointment is effective, Jan. 1, 2014.
Since joining CUNA Mutual Group in June 2005, Trunzo has held a number of senior leadership positions, most recently as president of CUNA Mutual Group Insurance and Financial Services. Trunzo becomes the eighth president of CUNA Mutual Group in its 78-year history.
"After a thorough succession planning process and extensive consideration, the Board of Directors is excited to have Bob carry on CUNA Mutual Group's rich tradition and execute our future strategy," said Eldon Arnold, board chairman.
"Bob is uniquely qualified to carry on the work we started nine years ago to help credit unions, their members, small business owners and America's farmers reach their financial goals. He has been an integral part of what we built and is the best person to carry the vision forward," Post said.
In his role as president of CUNA Mutual Group Insurance and Financial Services, Trunzo was responsible for the products, distribution and service of the company's U.S. credit union businesses as well as its 401(k) business. Trunzo was responsible for nearly 3,000 of the company's 4,500 employees and approximately $2 billion of CUNA Mutual Group's annual revenues.
"Jeff will be assisting the Board and Bob to assure a smooth transition through July of 2014," Arnold said.
Post joined CUNA Mutual Group in January of 2005. He led a multi-year transformation plan that repositioned the organization for success in the credit union marketplace and beyond. The plan included reinvention of CUNA Mutual Group's sales distribution model and its customer service, product and investment strategies.
More detail will be provided in Tuesday's News Now