Last year we discussed the the credit union CEO mass exodus via retirement and the dearth of talent to replace them. We decided to revisit this issue with D. Hilton Associates' David Hilton because it appears this issue is not waning in any way. Our assumptions were correct as David explained that we are only at the 3,000-ft. level of a 15,000-ft. mountain with this situation. In other words, we have a long haul over the next few years with the CU executive suite shake up.
We also asked what are some of the biggest hurdles for credit unions looking for new executive talent, any advice in their CEO searches, when will this exec exodus end, and is this turnover good or bad for the industry? A very timely chat with David, indeed, for credit unions experiencing this change right now or for ones about embark on this all-important journey. Check it out and pass it on.