PANAMA CITY, Fla.— The $620-million Innovations Financial Credit Union has announced that CEO David Southall will retire on Dec. 31, 2025, ending a 39-year career in the credit union industry and more than three decades of leadership at the Panama City–based institution.
Scott Gladden, who has been serving as president since March, will step into the role of president and chief executive officer upon Southall’s retirement in December.
Southall began his career in 1987 with NCSC Federal Credit Union—now Innovations Financial Credit Union—starting as a teller and rising through roles including senior teller, assistant branch manager, branch manager, and vice president of lending. From 2000 to 2004, he served as an account relationship manager at CUNA Mutual Group (now TruStage) supporting credit unions across Florida, Alabama, and Mississippi. He returned to Innovations in 2004 to assume the role of president and CEO.
“David’s leadership, vision, and steadfast commitment to our members and team have left an extraordinary mark on this credit union,” said Josh Scribner, Innovations Financial board chair. “He guided Innovations through growth and change with dedication and heart, and his influence will continue to be felt for years to come.”
“It’s been an incredible journey,” said Southall. “From my first day as a teller to today, I’ve had the privilege of working with an exceptional team who truly care about our members and communities. I’m so proud of what we’ve accomplished together, and I have complete confidence in Scott’s leadership and the bright future ahead for Innovations.”