FORUM CEO Announces Retirement
-- Recent family events and solid financials make decision easy --
Indianapolis, Indiana, December 20, 2010 – Gary Irvin, President/CEO of FORUM Credit Union, announced his retirement today, effective December 31, 2010. He cited several reasons including the health of his elderly father and the arrival of another grandchild as to the factors contributing to his decision. “I feel the time is right both personally and for the Credit Union for me to make this decision. FORUM has a solid foundation for the future and capable leadership within the board and senior executive team,” remarked Irvin.
“Gary has provided leadership and direction for the Credit Union for more than 30 years – the last 12 as President/CEO – and we understand his difficult decision,” commented John Dierdorf, Chairman of the Board of Directors. Dierdorf announced that Michael Peterson, Chief Risk/RIA Officer, will assume the duties of Interim CEO.
“The senior executive team at FORUM is very strong and we feel confident that during the period of time we search for a new CEO, they will provide excellent leadership and continue to move the Credit Union forward,” mentioned Dierdorf. He also explained that the Board of Directors has formed a search committee to interview both internal and external candidates for the position.
About FORUM Credit Union
FORUM Credit Union, with 12 branch locations and anywhere access via the web, serves more than 100,000 members and employs nearly 300 people in the central Indiana area. Headquartered in Fishers, IN, the Credit Union offers a full suite of financial services including home mortgages, auto and commercial lending, free checking, rewards checking, business checking, health savings accounts, and investment planning. For more information about FORUM Credit Union, visit www.forumcu.com.
C. Andrew Mattingly
FORUM Credit Union