IRVINE, California, July 5, 2016 – McDermott & Bull, a premier California-based retained executive search firm, announced today the successful appointment of Val Scott as Chief Technology & Innovation Officer with Golden 1 Credit Union, the Nation’s 6th largest Credit Union with ~$10 billion in assets. Golden 1 serves its nearly 800,000 members through 80 branches, and over 30,000 Co-op ATMs nationwide, providing a robust suite of consumer finance products, services, and solutions. Golden 1 continues to perform at optimal levels driving immense value to its members. In 2015, Golden 1 had 10% asset growth, 8% membership growth, 11% deposit growth, and more than 20% growth in loans (20% growth in loans occurred in 2014 and 2015).
McDermott & Bull’s robust search process identified 171 candidates throughout the United States, presenting nine diverse candidates to Golden 1’s executive management team. Each candidate embodied the technical skillset Golden 1 was seeking, and brought diversity of thought to the interview process. The end result was absolutely ideal for Golden 1 – a customer-centric technologist. McDermott & Bull and Golden 1 partnered seamlessly on this engagement completing the search process in 72 days.
This executive recruiting engagement was conducted by Brandon Biegenzahn, the Co-Chair of the Financial Institutions Practice, along with Michelle Davis, Associate Consultant, at McDermott & Bull Executive Search. According to Mr. Biegenzahn, “Val is the ideal candidate to lead Golden 1’s technology philosophy and strategy, enabling the institution to exude innovation within the financial services industry. She is a technologist who has a strong track record of success within a variety of financial institutions.”
Val is well suited to define Golden 1’s technological innovation philosophy, and set the strategy to build a technology function that is responsive to, and anticipatory of, the ongoing needs of the financial services industry. She has amassed a 25-year career as a driver of technological innovation and brings with her nearly a decade of experience in financial services. She has directed organizations of up to 100 people and managed annual budgets in excess of $20 million. Val received her Bachelor’s degree from California State University Sacramento.
About Golden 1 Credit Union
With more than $9 billion in assets, Golden 1 Credit Union is the leading credit union in California, and the sixth largest credit union in the United States. Golden 1 Credit Union delivers financial solutions with value, convenience, and exceptional service. As a dynamic and trusted leader, Golden 1 is committed to enhancing the financial well-being of its members and diverse communities. Golden 1 has more than 800,000 members and 1,600 employees.
About McDermott & Bull
McDermott & Bull, Inc. (www.mbsearch.com) is a retained executive search firm headquartered in Irvine, California. The firm serves both public and privately held clients in a variety of industries and functional areas. McDermott & Bull specializes in recruiting difficult-to-find and critical senior level talent for its clients has developed expertise in a wide variety of fields, including Aviation & Aerospace, Banking & Financial Services, Consumer Products, Healthcare Services & Medical Devices, Leisure & Entertainment, Manufacturing & Operational Excellence, Private Equity, Real Estate & Construction, Restaurants & Food Services, Supply Chain, Logistics & Distribution, and Technology.
With backgrounds in the banking and financial services industry, Rod McDermott, Managing Partner, and Brandon Biegenzahn, Partner, lead and represent McDermott & Bull’s Banking & Financial Institutions Practice. Using their robust industry knowledge, Rod and Brandon partner with clients such as American River Bank, ANZ Bank, Bank of Marin, Bank of the Cascades, BNY Mellon, First American Trust, First Republic Bank, Luther Burbank Savings, Pacific Mercantile Bank, Plaza Bank, Santa Barbara Bank & Trust, Silvergate Bank, Sunwest Bank, Union Bank, and Washington Trust Bank to find C-level executives, including CEO, COO, President, CFO, Chief Banking Officer, Chief Risk Officer, Chief Information Officer, Compliance Leaders, HR Leaders, Retail Banking Executives, Trust and Wealth Management Leaders and Business Banking. To learn more about McDermott & Bull’s Banking and Financial Institutions Practice, please visit http://mbsearch.com/industry-expertise/banking-financial-services/.