Supplemental Benefits Strengthen Succession Plans

July 2014
Credit Union Directors Newsletter;Jul2014, Vol. 40 Issue 7, p1
Trade Publication
The article discusses the benefits of supplemental executive retirement plans (SERPs) in retaining a high-performing chief executive officers (CEOs) in the credit union industry. It mentions the retirement eligibility criteria for CEOs, and presents the Credit Union National Association's (CUNA) 2014-15 Total Compensation Report-CEO. It informs that supplemental benefits can strengthen the succession plan and preserve leadership quality. It also mentions CUNA's 2014- 2015 Staff Salary Report. INSET: Focus on Succession Planning.


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