Retaining Key Positions During Mergers and Acquisitions l Gallagher 2024

The CU Lab with NAFCU Services

Thank you for joining us for another episode of the CU Lab. I’m Randy Salser with America’s Credit Unions and I’ll be your moderator. Today I am sitting down with Liz Santos, Chief of Staff, Executive Benefits Practice at Gallagher, and we’re talking about Retaining Key Positions During Mergers and Acquisitions.

Liz shares the changes she is seeing in the credit union industry regarding mergers and acquisitions and the number of reasons for these changes. She also shares the options credit unions have regarding leadership retention, the risks to the continuity of leadership through a merger or acquisition, and what could happen if credit unions aren’t proactive in retaining key positions.

Liz also touches upon the costs of a merger or acquisition overall including monetary and non-monetary costs. Tune in to learn the key consideration and where credit unions should start to retain key positions at their organization.