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CUNA names Russell Reynolds to conduct CEO search
WASHINGTON (4/4/14)--Overseeing the search for a new president/CEO for the Credit Union National Association will be the task of a seven-member committee appointed by CUNA Board Chairman Dennis Pierce, the association announced Thursday.

CUNA also announced it has retained the executive search firm of Russell Reynolds Associates of Washington, D.C., to conduct the search.

CUNA is conducting a search to replace outgoing president/CEO Bill Cheney, who is returning to California to become president/CEO of SchoolsFirst FCU, Santa Ana. SchoolsFirst FCU is the fifth-largest credit union in the country, serving more than 600,000 members and with $10 billion in assets. Cheney--who came to CUNA in 2010 after serving as a credit union and state association CEO in California--will leave the association in June.

"Bill Cheney is returning to California with both CUNA and credit unions in excellent condition," said Pierce, who is also president/CEO of CommunityAmerica CU, Lenexa, Kan. "The search committee has a big job to do in finding Bill's replacement. But I know that the committee members' combined experience, dedication and deep understanding of the mission of credit unions and our trade association will serve the movement well in selecting a new leader."

Serving on the committee are:
  • Susan Streifel (chair), CEO, Woodstone CU, Federal Way, Wash.;
  • Tony Budet, CEO, University FCU, Austin, Texas;
  • Pete Dzuris, CEO, Northland Area FCU, Oscoda, Mich.;
  • Brett Martinez, CEO, Redwood CU, Santa Rosa, Calif.;
  • Rod Staatz, CEO, SECU, Linthicum, Md.;
  • Wendell Lyons, CEO, Kentucky Credit Union League, Louisville, Ky.; and
  • Pat Wesenberg, CEO, Central City CU, Marshfield, Wis.
Pierce will serve ex officio on the committee.

Committee members were chosen who represent a cross section of credit union size and geographic location, as well as the leagues and CUNA's subsidiary, CUNA Strategic Services Inc.

The firm selected to conduct the search, Russell Reynolds Associates, performed the same function prior to Cheney's hiring as CEO in 2010. Russell Reynolds is a global provider of senior-level executive search and assessment with 42 offices across North and South America, Europe and Asia/Pacific. The firm advises clients on recruiting, assessing and retaining leadership.


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