MADISON, Wis.-The Credit Union Executives Society has named Charles E. "Chuck" Fagan as its new president and CEO, effective Jan. 3 2013. Fagan will replace the retiring Fred Johnson, who has led the organization for the past 23 years. Fagen is currently executive vice president of PSCU, St. Petersburg, Fla.
"The privilege to lead the CUES organization in a time of great opportunity for credit unions is one that I honor and embrace," said Fagan. "Tomorrow's credit union decision makers face a very promising future for growth and prosperity. Consumer preferences are increasingly tilting toward the value proposition that credit unions offer. Credit union leaders will continue to benefit from the insights, education and thought leadership that CUES provides, particularly in a climate of continual change and innovation."
Fagan is already a CUES member, and has a background that includes positions with Electronic Data Systems and Virginia Credit Union.
In other news, NCUA announced the selection of Mark A. Treichel as the agency's next executive director, succeeding David Marquis, who will retire at the end of 2012.
Treichel has served in a number of capacities at NCUA since his initial days as an examiner in 1986, most recently Treichel has been the regional director for NCUA's Region 1 office in Albany, N.Y. Treichel is also known for having served as the acting director of the Office of Corporate Credit Unions in 2009, during which time he lead the effort to work with Barclays to create and sell the NCUA Guaranteed Notes.