Sandia Space Federal Credit score Union in Albuquerque, New Mexico, has named Kevin Todd as its subsequent CEO, efficient Dec. 1, in keeping with a press launch. 

Todd will exchange Paula Peknik, who will retire after a 38-year profession with the $1.1 billion-asset credit score union.

Todd, who’s at present Sandia Space’s chief monetary officer, joined the credit score union in 2014 following 5 years in public accounting working as a CPA.

Peknik rose by the ranks in operations and lending and held a wide range of management positions together with govt vp and chief working officer. She took over the CEO position in early 2020.

“It has been a privilege to guide Sandia Space and I am extraordinarily proud to have served this superb group for nearly 4 many years,” Peknik stated within the press launch. “We now have come so removed from the $53 million, single-branch credit score union we have been once I started my profession. Our success is the results of our excellent group and a powerful dedication to our members and communities.”

Sandia Space FCU earned $5.1 million within the first six months of 2022, a 4% enhance in comparison with a 12 months earlier, in keeping with name report knowledge from the Nationwide Credit score Union Administration.