West Lafayette-based Purdue Federal Credit Union is changing its organizational structure at the executive level.
The restructuring includes the promotion of Sam Burns to senior vice president and chief lending officer. Purdue Federal is also making title changes for other senior executives.
“We are fortunate to have strong lending talent within the organization and we’re thrilled to promote Sam into this new role,” said Bob Falk, Purdue Federal CEO, in a press release. “Burns’ expertise and vision are expected to drive innovation and growth within the lending division.”
The changes reflect Purdue Federal’s approach to improving operational alignment.
“With these changes, we now have an organizational structure that better aligns with our peers and other institutions of a similar size,” Falk said.
The title changes for other senior executives include:
- Jackie Hofman as senior vice president and chief administrative officer
- Matt Lerzak as senior vice president and chief experience officer/chief information officer
- Evelyn Royer as senior vice president and chief operations officer
- Brian Musser as senior vice president and chief financial officer
The moves are designed to streamline operations and foster a cohesive leadership team. The restructuring also aims to prepare Purdue Federal for future challenges and opportunities.
Falk reiterated this vision in a message to credit union employees, emphasizing that these changes set up the credit union well for the future.
Purdue Federal Credit Union was founded on Purdue University’s West Lafayette campus in 1969. The credit union’s membership base includes students, faculty and staff and communities where Purdue University and its regional campuses operate. Purdue Federal has over 100,000 members nationwide.
