JACKSONVILLE, Fla. – Jax Federal Credit Union said it has named Mary Svoboda to serve as its interim president and CEO.
In a statement, the credit union said it and former President Joe Nowland “have agreed to end their relationship, but each wishes to express appreciation for the positive direction of the credit union during Joe’s tenure. While Joe is leaving, he is doing so on good terms, with the support of JAXFCU. While JAXFCU appreciates Joe’s commitment and accomplishments, the board of directors and Joe reached the conclusion that they had different visions for the future of the organization, and have decided to part ways. The board and staff of JAXFCU wish Joe Nowland the best, and are certain that he will continue his successful and rewarding career within the financial industry.”
Svoboda joined Jax Federal in 2003 as chief operating officer, and since 2017 has held that role as well as chief lending officer.
Svoboda was recognized as one of the Jacksonville Business Journal’s “Women of Influence” in 2018.
A Bright Future
“Since the day Mary joined our executive team, she has earned the confidence of our employees, members and the board of directors,” said Chairman Charles T. McLeod, Jr. “We are grateful for her years of service to the credit union movement, and her dedication to the credit union as we move forward in exploring leadership options. JAXFCU has many exciting strategic initiatives planned for 2020 that will enhance service to our members and improve the tools available to our staff. We look forward to a bright future.”
The $415-million Jax FCU has approximately 37,555 members.