Stephanie Sherrodd Selected as CEO to Lead Sandia Laboratory FCU

The board of directors for the $3.5 billion Sandia Laboratory Federal Credit Union said Monday it has selected Stephanie Sherrodd to serve as its president/CEO starting on Jan. 2.

She will succeed current president/CEO Robert Chavez, who plans to retire from the Albuquerque, N.M.-based credit union in June 2022 after 21 years of service. He will take on an advisory role to ensure a smooth transition process.

Sherrodd joins SLFCU from Houston, where she served as president/CEO of the $4.5 billion Texas Dow Employees Credit Union for nine years. Before becoming CEO, Sherrodd worked as the credit union’s COO for more than eight years. She also served as COO for the $1.5 billion Blue Federal Credit Union in Cheyenne, Wyo., for seven years.

“The SLFCU board selected Stephanie for her extensive experience in operations, developing great customer experiences across diverse channels, her utilization of digital strategy and transformation, and her track record of acquiring and developing high-performing talent,” SLFCU Board Chair Charles Maheras said in a prepared statement.

In her 24 years in the credit union industry, Sherrodd was a member of the Community Depository Institution Advisory Council with the Federal Reserve Bank of Dallas, and a member of both the CUES and NACUSO boards of directors.

SLFCU’s 400 employees operate nine branches serving more than 132,000 members.