The new year has brought some changes at Callahan & Associates as Co-Founder/President Chip Filson has been elected to chairman and Bruce Mancinelli has been named interim CEO.

Described by Filson as a natural professional evolution, the move, which has been part of the strategic plan for over a year, is designed to allow him to focus on the company's external initiatives, including opportunities for credit union cooperative reforms.

"It's been 25 years, and I don't want to keep doing the same thing day in and day out. And I think we have a senior management team that wants to and is prepared to take on more responsibility and accountability in operations," said Filson. "More importantly, I think there are external opportunities for credit unions that need more attention and focus by credit unions themselves. Now is the time to make that strategic move and focus on what I do part-time today, such as speaking and consulting, and free up more time to work on those initiatives that are vital to the credit union system's future."