McDermott & Bull Recruits Credit Union CHRO
June 7, 2016 – Irvine, CA-based executive recruiter McDermott & Bull has placed George Myers as chief human resources officer (CHRO) with Golden 1 Credit Union, the nation’s sixth largest Credit Union with $10 billion in assets. The search was led by Brandon Biegenzahn, co-chair of the firm’s financial institutions practice, along with Michelle Davis, associate consultant.
McDermott & Bull’s search process identified 177 candidates throughout the U.S. Each candidate embodied the technical skillset Golden 1 was seeking. The total search process took just 43 days. McDermott & Bull serves both public and privately held clients in the technology, financial services, manufacturing, bio-tech & life science, retail, and professional services sectors.
Mr. Myers has spent 19 years with Zions and was formerly executive vice president of human resources for Zions Bancorp’s largest affiliate bank, $15 billion Zions Bank. Immediately prior to joining Golden 1, he served as EVP, director of employee services, at $55 billion Zions Bancorp.
“George represents the optimal blend of business leader who sees the business through the lens of HR,” said Mr. Biegenzahn. “His track record of success positions him perfectly to establish Golden 1’s HR department as a strategic group which drives significant value to the organization, within the context of its rich culture of trust and commitment to service.”
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Golden 1 serves its nearly 800,000 members through 80 branches, and over 30,000 co-op ATMs nationwide, providing a suite of consumer finance products, services, and solutions. The company currently has 1,600 employees.
The role of the CHRO has changed dramatically over the years, say recruiters specializing in the sector. Once a mid-level staff position, the head of human resources today sits at the elbow of the CEO and maintains one of the most influential positions within senior management. The job now plays an integral, strategic part in driving a company forward.
“CHROs have become critical stakeholders in defining the strategy of a company, and they are expected to tackle the HR challenges and evolving expectations of a dynamic workplace environment that will consist of constant change, calculated risk taking and evolving expectations from top stakeholders,” said Neil Shastri, leader for global insights & innovation at Aon Hewitt. “Those well-equipped to achieve the greatest success will have diverse skill sets, be adaptable and agile, and gain hands-on learning from working through real life situations and acquiring knowledge across disciplines and industries.”
Hunt Scanlon has reported on several executive search firms placing CHROs in recent months. Here’s a sampling of just a few:
- accelHRate placed Susan Balaguer as senior vice president and CHRO of Engility Holdings, Inc. Kimberly Shanahan, accelHRate founding president and CEO, led the search along with vice president Kelly McPherson.
- Allegis Partners placed Tami Polmanteer as CHRO for Aleris Corporation. Mike Bergen, managing partner & global practice leader (human resources), Matt Healey, managing director, and senior associate Laura Pyne, led the search for Allegis.
- Hanold Associates recruited Barbara Bolender as CHRO for the Las Vegas Convention and Visitors Authority (LVCVA). Founder Jason Hanold led the search.
- The J. Gregory Coleman Group LLC recruited Tom Taborek to lead HR for NLMK Group in the U.S. The search was conducted by Greg Coleman, managing principal, along with principal MaryAnne Denniston.
- DHR International placed Tom Lynch as CHRO of PPL Corporation. The search was conducted by Jerry McGrath,managing partner of the firm’s global human resources practice, along with Joe Huddle, its industrial practice managing partner, and senior associate Christine Pasieka.
Contributed by Dale M. Zupsansky, Managing Editor, Hunt Scanlon Media