Coastal Credit Union hires industry veteran to be next CEO
The Raleigh, North Carolina-based Coastal hired Tyler Grodi to be its new chief executive effective April 1.
Source: americanbanker.com
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The Raleigh, North Carolina-based Coastal hired Tyler Grodi to be its new chief executive effective April 1.
The National Credit Union Administration in January proposed a rule that would require credit unions to have succession plans in place. Despite the necessity for arrangements, many CEOs want autonomy in the process and would rather avoid a formal rule.
Chuck Purvis, who has led Coastal as its president and chief executive since 2012, will step down in March of next year.
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