SAN DIEGO–Cabrillo CU has named a new CEO, while Royal CU has announced an interim CEO as it pursues a national search for a permanent replacement.
At Cabrillo CU, Dean Odle has been named the new president and CEO. Dean was previously with the $2-billion Public Service Credit Union in Lone Tree, Colo., where he served as Chief Retail Officer.
“Odle created a nationally recognized member success department and strategy that utilized existing market research and member data to improve member engagement, products per household, and account profitability,” Cabrillo said. “While at Public Service Credit Union, Odle also created a Deposit Strategy Committee that was responsible for developing tactical strategies and promotions, resulting in the growth of branch balances to 204% of their goal for the year.
Odle has also held EVP and SVP positions at a prior credit union.
“This is a truly exciting opportunity,” said Odle. “Cabrillo is a great organization with strong financials, terrific employees, and of course, wonderful member owners. Robin and the team have been very proactive in building products and services that exceed the offerings of many of our competitors. Add this to our strong culture of respect and care for our membership and I believe we have a very bright future. I feel fortunate to be part of the Cabrillo family.”
The $264-million Cabrillo has 22,000 members. Odle replaces Robin Lentz, who retired.
Meanwhile, in Eau Claire, Wis., the $2-billion Royal Credit Union has named an interim CEO as it conducts a national search for a full-time replacement. RCU said that Randy Beck will serve as Interim president and CEO, effective April 15, 2017. Beck was planning to retire on May 31, but agreed to stay on through the transition process, the credit union reported.
The vacancy was created by the departure of current Royal President and CEO, Rudy Pereir, who is leaving to join Premier America Credit Union in Chatsworth, Calif., where he will serve in the same position. Pereira joined Royal in December of 2011 and is the third CEO to lead the credit union since it was created in 1964.
Beck has more than 40 years of experience at Royal and currently serves as EVP-risk management.
“Randy’s expansive knowledge of Royal and the credit union industry along with his commitment to our core purpose and values make him the right person to lead us through the transition process,” said Board Chairman Doug Olson. “I want to thank Randy for his willingness to delay his future plans so that a seamless transfer of leadership can occur.”
Royal CU said it is conducting a nationwide search for its next president and CEO and will consider internal candidates.