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News Now

CU System
New Jersey CU League launches search process for new CEO
HIGHTSTOWN, N.J. (11/13/12)--After notifying its membership that its president/CEO, Paul Gentile, is leaving at year-end to join the Credit Union National Association (CUNA), the New Jersey Credit Union League (NJCUL) lost no time in launching a national search to find its next leader.

CUNA announced last week that Gentile will fill a newly created position at CUNA as Executive Vice President, Strategic Communications and Engagement starting Jan. 7. In that role, Gentile will develop and implement an overarching, company-wide communications and marketing strategy to enable CUNA to more completely and comprehensively engage all of its key audiences and stakeholders.

In announcing its search plans, the NJCUL said its search committee is currently evaluating search firms and plans to hire a firm by Nov. 19. NJCUL said it will appoint an interim CEO from outside its own ranks.

"The search committee will move aggressively to find our new CEO. Communication with the membership will be key. We plan to provide status updates where appropriate," said NJCUL Chairman and Garden Savings FCU CEO Lou Vetere.

Vetere noted that NJCUL has a number of important initiatives in the works that will not lose momentum during the transition. These include the launch of a new home energy efficiency loan program in partnership with the State of New Jersey; new creative media for NJCUL's popular "Banking You Can Trust" consumer awareness campaign; the push to bring Electronic Lien Titling to New Jersey, which NJCUL spearheaded in 2012; and more.

"All of these initiatives bring tremendous member value and we will work to ensure they stay on track," Vetere said.

Of Gentile's new position with CUNA Vetere said: "We wish Paul all the best in his new position and thank him for his valuable contribution to NJCUL's success over the past five years."


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