Sometimes the best succession plans are the ones built over decades, not months. Rhode Island Credit Union just proved that point with an announcement that’s equal parts end-of-an-era and seamless transition story.
David B. Suvall is hanging up his CEO hat after an impressive 45-year run at Rhode Island Credit Union. And here’s the kicker—his successor, Nancy L. Zeppa, has been at the organization even longer, clocking in at nearly five decades since joining in 1977. Talk about institutional knowledge.
The Changing of the Guard
Suvall started his journey with the credit union back in 1981 as VP/Controller before taking the top job in 2006. Under his leadership, the $425 million institution grew to serve nearly 30,000 members across six branch locations. Not too shabby for someone who’s dedicated nearly half a century to a single organization.
“Serving as the President/CEO of Rhode Island Credit Union has been one of the greatest honors of my career,” Suvall said. “As I prepare to retire, I have full confidence in our leadership team and my successor Nancy L. Zeppa.”…