Chad Shane Chad Shane

The Lone Tree, Colo.-based Canvas Credit Union named Chad Shane as its new chief executive officer on Thursday. The announcement comes nearly five months after Todd Marksberry said he was retiring.

Until Thursday, the credit union had been led by Interim CEO Colleen Knoll, who is also the chief financial officer at Canvas.

According to a statement from Canvas ($4.5 billion in assets, 299,383 members), Shane has been with the credit union for the past 13 years serving in several positions including chief lending officer, senior vice president, vice president of lending and AVP of lending and business development.

"He embodies the credit union's welcoming work culture and consistently demonstrates a commitment to serving the community," the credit union stated.

In a prepared statement, Shane said, "I am deeply honored to be selected as the CEO of Canvas Credit Union. I have been a long-time leader at Canvas and have experienced first-hand how special this organization is. This team inspires me every day with their dedication to uplifting our members and communities. Together with our dedicated team, we will keep leading with our hearts, fostering a culture of care, and driving meaningful impact across Colorado."

Board Chair at Canvas, Tom Lash said, "We are thrilled to elevate one of our own to lead our Canvas Credit Union family. With 13 years of dedicated service, Chad brings a wealth of experience from within our organization. I am confident that under Chad's leadership, we will continue to drive innovation, influence the credit union industry, and support our members in achieving their financial goals."

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Michael Ogden

Editor-in-Chief at CU Times. To connect, email at [email protected]. As Editor-in-Chief of CU Times since 2016, Michael Ogden has led the editorial team in all aspects of content strategy and execution, including the creation of the publication’s exclusive and proprietary research database of the credit union industry’s economic landscape. Under Michael’s leadership, CU Times has successfully shifted to an all-digital editorial product with new focuses on the payments, fraud, lending and regulatory beats. Most recently, he introduced a data-focused editorial product for subscribers that breaks down credit union issues into hard data, allowing for a deeper and more factual narrative for readers. In 2024, he launched the "Shared Accounts With CU Times" podcast, which offers a fresh, inside-the-newsroom perspective through interviews with leaders from the credit union industry and the regulatory world. He dives into pressing credit union issues, while revealing the personalities working behind-the-scenes to push the credit union world forward. His background includes years as a radio and TV anchor/reporter and a public relations and digital/social media manager, where he covered the food and music industries, as well as cooperatives and credit unions. Over the years, he has launched numerous exclusive video and podcast series, including a successful series of interactive backstage interviews with musicians at music festivals, showcasing his social media and live streaming production skills.