Stewart Ramsey, president/CEO of the $450 million Fort Campbell Federal Credit Union in Clarksville, Tenn., has been named the new CEO of the $1.2 billion Pen Air Federal Credit Union in Pensacola, Fla.
Ramsey has 30 years of professional experience, including accounting and financial management positions and the past five years as CEO at Fort Campbell FCU, where assets under his leadership grew from $250 million to $450 million and members from 32,000 to more than 45,000, the 109,000-member Pen Air said in a statement.
Pen Air's chief financial officer, David Tuyo, has been serving as interim CEO since earlier this year after former President/CEO Ron Fields resigned citing health reasons.
“On behalf of the Pen Air Board of Directors, we want to extend our sincere gratitude to the team that's built the organization to what it is today and to extend a heartfelt welcome to Stu and his family. We are looking forward to his leadership as we look to the future,” said Pen Air's board chairman, Maurice Johnson.
Ramsey is a 1982 graduate of the University of Wisconsin-Whitewater and a CPA who earned his Certified Chief Executive designation from the CUES CEO Institute. He assumes his new job in July.
“Pen Air is an outstanding credit union that has done an excellent job through difficult economic times. I am excited to become part of the team that made that happen and look forward to the amazing future that awaits the entire organization and the community we serve,” Ramsey said in the Pen Air announcement.
“Lonna and I are anxious to make the Pensacola area home and I am sure our four children will come to visit more often with the Gulf just a short drive away,” he said.
The search was conducted by O'Rourke & Associates.
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