February 2024 had arguably just as much movement than January. While we got wind of Ally’s new CEO last month, this month we heard Navy Federal Credit Union nabbed a new CEO; Citigroup picked up a key hire from JPMorgan following CEO Jane Fraser’s new workforce overhaul; Huntington nabbed a new chief technology officer and Zions’ president and CEO is stepping down April 1.
Welcome to the fifth edition of Banking People Moves from The Financial Brand, our monthly record of the c-suite executives, marketing VPs and other professionals moving around the industry that should be on your radar — whether they’re arriving from other industries, moving from one institution to another or getting promoted within their own bank or credit union.
Did you miss January’s Banking People Moves? Check it out.
February’s Big Announcements
Viz Raghavan
Institution: Citigroup (New York, N.Y.)
New position: Head of banking
Coming from: JPMorgan Chase
Old position: Head of global investment banking
To take effect summer 2024
What else to know about Kuhlmann’s promotion: “In his new role, Raghavan will work alongside Ernesto Torres Cantú, Citi’s head of international, and David Livingstone, who leads its newly created client division,” according to Fraser, reports CNBC. The news comes at roughly the same time Citi is planning a larger reorganization of the bank, reducing the institution’s headcount by 20,000 in the next two years.
Dietrich Kuhlmann
Institution: Navy FCU (Vienna, Va.)
New position: Chief executive officer
Old position: Chief operating officer
To take effect March 1, 2024
What else to know about Kuhlmann’s promotion: Dietrich Kuhlmann, who graduated from the U.S. Naval Academy in 1983 (and holds a M.S. in engineering) was promoted to be Navy Federal’s chief executive officer following Mary McDuffie’s retirement announcement in September 2023.
From the press release announcing Dietrich’s promotion: “In active-duty service, Kuhlmann completed three successful operational command tours and multiple finance assignments at the Pentagon. In his final role before military retirement, as programming division director on staff of the Chief of Naval Operations, Kuhlmann was responsible for the U.S. Navy’s $800 billion, 5-year capital allocation process.”
Paul Heller
Institution: Huntington Bank (Columbus, Ohio)
Retiring as: Chief technology and operations officer
To take effect March 1, 2024
What else to know about Heller’s retirement: Paul Heller, who has worked for Huntington Bank since 2012, is stepping down from his role as chief technology and operations officer on March 1. Heller has been an expert in the banking industry for nearly 40 years, ranging from his tenure at Huntington to various roles at JPMorgan Chase, including the chief technology officer for retail banking.
The bank has not yet announced Heller’s replacement. However, the chief enterprise payments officer, chief information officer and chief corporate operations officer will assist CEO Steve Stenoir in the transition.
Beth Hammack
Leaving: Goldman Sachs (New York, N.Y.)
Old position: Co-head global financing group
What to know about Hammack’s leave: In a LinkedIn Post that garnered over 14,000 likes and over 400 comments, and which included bullet points of the top lessons she learned in her 30+ year tenure at Goldman Sachs, Beth Hammack announced in February she would be stepping down from her role as co-head of the bank’s global financing group.
Hammack had once been considered a top contender to be CFO of the bank in early 2022, reports Banking Dive.
“You will never lose an argument if you focus on doing what’s right for the organization. Not your silo but what is best for the whole. It may take you longer to get where you’re going, but you’ll make a bigger difference and feel great when you get there,” Hammack wrote in her LinkedIn post.
What Hammack said is next for her: “It’s been an incredible journey. I plan to take a break for the next several months, respond more slowly to email, and spend time with my incredible husband and two sons. I’m excited to decide what comes next.”
Scott Anderson
Institution: Zions First National Bank (Salt Lake City, Utah)
Retiring as: President and CEO
To take effect April 1, 2024
What else to know about Anderson’s retirement: Endearingly nicknamed the “Giant in our City” in Salt Lake City, Scott Anderson is stepping away from his role as president and CEO of Zions First National Bank, an enterprise he has worked from since 1991.
“Ask heavyweights in Utah’s political community about Zions Bank President and CEO Scott Anderson and they’ll say he’s ‘Utah’s unelected governor,’ a ‘backroom boss’ and the man you must see before running for office,” wrote one 2016 Salt Lake Tribune article.
Before his time at Zions, he spent 17 years in various role at Bank of America.
Banking Retirements
Brad Harvey
Institution: Horizons North Credit Union (Longmont, Colo.)
Retiring as: President and CEO
To take effect June 3, 2024
What else to know about Harvey’s new move: Just shy of 28 years as president of Horizons North Credit Union, Brad Harvey is stepping down.
What Harvey said about his retirement: “I’m excited to start the next phase of my life. God has shown me new ways to make an impact in retirement. Thanks to all of you for your influence in my life! God bless you all!”
John Watt
Institution: NBT Bancorp (Norwich, N.Y.)
Retiring as: President and CEO
Replacement: Scott Kingsley
To take effect May 21, 2024
David Williams
Institution: Community First Credit Union (Santa Rosa, Calif.)
Retiring as: Chief marketing and HR officer
To take effect February 28, 2024
Wayne Patenaude
Institution: Cambridge Savings Bank (Cambridge, Mass.)
Retiring as: President and chief executive officer
Replacement: Ryan A. Bailey
To take effect February 28, 2024
New Banking Moves in February
Ryan A. Bailey
Institution: Cambridge Savings Bank (Cambridge, Mass.)
New position: President and chief executive officer
Coming from: USAA
Old position: Head of retail bank
Shawn Mulqueeney
Institution: SESLOC Credit Union (Seattle, Wash.)
New position: Chief information officer
Coming from: BECU (Tukwila, Wash.)
Old position: Vice president of IT business solutions
Kevin Dawson
Institution: California Coast Credit Union (San Diego, Calif.)
New position: Marketing director
Coming from: MoveCU (San Diego, Calif.)
Old position: Vice president of marketing
Jon Moen
Institution: Midland States Bank (St. Louis, Miss.)
New position:
Julie Gerdeman
Institution: BNY Mellon (New York, N.Y.)
New position: Global head of data and analytics business
Coming from: Everstream Analytics (San Marcos, Calif.)
Old position: Chief executive officer
Michael Cherny
Institution: Citizens Bank (New York, N.Y.)
New position: Head of wealth management advisors
Coming from: JPMorgan Chase (New York, N.Y.)
Old position: Regional director of wealth management
Tom Metzger
Institution: Citizens Bank (New York, N.Y.)
New position: Head of private wealth managers
Coming from: JPMorgan Chase (New York, N.Y.)
Brittany Wismer
Institution: John Marshall Bank (Reston, Va.)
New position: Business development officer
Coming from: Forbright Bank (Chevy Chase, Md.)
Old position: Vice president of business development
Brittney Monteith
Institution: Park Community Credit Union (Louisville, Ky.)
New position: Vice president of marketing
Coming from: Freedom Credit Union (Warminster, Penn.)
Old position: Chief marketing officer
Tyler Sisneros
Institution: Nusenda Credit Union (Albuquerque, N.M.)
New position: Vice president of treasury management
Coming from: Century Bank (Sante Fe, N.M.)
Old position: Director of treasury management and digital banking
February Banking Promotions
Paul Burdiss
Institution: Zions First National Bank (Salt Lake City, Utah)
New position: President and chief executive office
New position: Chief financial officer
To take effect April 1
R. Ryan Richards
Institution: Zions First National Bank (Salt Lake City, Utah)
New position: Chief financial officer
New position: Corporate comptroller
To take effect April 1
Ken Long
Institution: SESLOC Credit Union (Seattle, Wash.)
New position: Chief risk officer
New position: Chief information officer
To take effect immediately
Rich Scholes
Institution: ENT Credit Union (Colorado Springs, Colo.)
New position: Chief strategy and experience officer
New position: Chief experience officer
To take effect immediately
Pretty Khare
Institution: City National Bank (Los Angeles, Calif.)
New position: Head of strategic planning
New position: SVP of strategy and transformation
To take effect immediately
Other Big Moves in February
Jennifer Taylor
Institution: Plaid (San Francisco, Calif.)
New position: President
Coming from: Cloudflare (San Francisco, Calif.)
Old position: Chief product officer
Greg Adelson
Institution: Jack Henry (Kansas City, Miss.)
New position: Chief executive officer
Old position: President/chief operating officer