WASHINGTON (8/4/10)--Tom Candell has been promoted to deputy executive director, chief operating officer and chief financial officer of the National Credit Union Foundation (NCUF), announced NCUF Executive Director Wendell "Bucky" Sebastian Tuesday. Candell will be responsible for coordinating the foundation's day-to-day operations including fundraising administration, event management, REAL Solutions, innovation grants, investment management, disaster relief and communications. He had served as NCUF's managing administrative director and was interim director during the search process before Sebastian's selection as NCUF executive director. Sebastian said Candell's promotion "will allow me to place more of my emphasis on outreach to the foundation's donor base, which is my No. 1 priority." Candell will continue to be based in NCUF's Madison, Wis., office. Other changes announced include:
* Relocation of the positions of communication and marketing coordinator and the National REAL Solutions Program manager to Madison from Washington. Both positions report directly to Candell. The executive director position will remain in Washington, D.C. * Transfer of responsibilities for the program planning and strategic direction of the Credit Union Development Education (DE) program to the program's volunteer leadership. NCUF will continue to provide logistical and administrative support to the DE program.
"Taken together, these organizational changes will enable the foundation to operate more efficiently and cost effectively, which is in line with the expectations of our donor community," Sebastian said.