Is Your CEO Built for the Next Credit Cycle?
Cowen Partners Executive Search President and Founding Partner Shawn Cole published his latest article in Credit Union Times, offering credit union boards a pointed framework for evaluating whether their CEO is equipped for what’s coming next in the credit cycle.
The article cuts through the noise of recent performance metrics to ask a more revealing question: what did your CEO actually do when credit was cheap, employment was strong, and loan growth looked easy? Did they loosen underwriting standards to keep pace with competitors, or did they hold the line and build capital buffers when they could have distributed them?
Those decisions, made quietly during benign conditions, are now showing up as delinquencies, charge-offs, and board conversations about allowance adequacy.
Cole also outlines the leading indicators a prepared CEO should already be tracking, from early-stage delinquency trends and credit line utilization to member payment extension requests, arguing that the CEOs built for downturns don’t wait for past-due reports to tell them loans are souring.
And for boards whose CEOs chased growth without building defenses, Cole is direct: some CEOs who thrive during expansion simply cannot shift to defense during contraction, and delaying that recognition only makes the problem worse.
Read the full Credit Union Times article.
About the Credit Union Times
Established in 1990, CU Times is the credit union community’s leading news source. We set the standard for credit union journalism excellence and attract more paid advertising than any other credit union media.
Published weekly, its main focus is to provide comprehensive, objective coverage of the latest credit union news. It also offers extensive on-site conference coverage, people features, statistical analysis and expert technology coverage.
With a growing stable of products, including events, Webinars and custom publishing opportunities, Credit Union Times offers readers and advertisers many ways to get connected with the dynamic credit union industry.
About Cowen Partners Executive Search
At Cowen Partners, we stand at the forefront of the marketing executive search industry, empowering companies to thrive and excel in their growth, revenue, and market presence.
We specialize in identifying exceptional leaders and placing them in key positions to drive success. Our team of seasoned executive recruiters collaborates with organizations of all sizes, encompassing both public and private enterprises, pre-IPO ventures, and non-profit entities.
Through a meticulous and discerning approach, we unite handpicked candidates, with companies in pursuit of the most exceptional executive talent, representing the top 1%.
With the support of our experienced senior partners, we execute a diligent and efficient executive search process, ensuring leadership placements within a remarkable six-week timeframe.
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