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.”