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May 22, 2013

LCU Board Taps O'Brien As New CEO

courtesy photo John J. O'Brien has been appointed president and CEO of Leominster Credit Union.

Leominster Credit Union has appointed a new president and CEO, promoting its senior vice president of lending, John J. O'Brien, following a somewhat unsettled turn of leadership for the credit union.

O'Brien, who has been in the senior VP role since 2007, will fill the post that was held on an interim basis since January by Carol A. Southworth. She stepped in when Paul D. Gilbody resigned after just six months on the job. Gilbody was hired last August when former CEO Gordon R. Edmonds retired.

According to LCU, O'Brien has been responsible for the credit union's real estate, consumer and indirect lending programs, as well as its loan servicing and collections operations. He has more than 30 years of experience in the financial services sector, LCU said.

Anthony J. Gasbarro, chairman of the LCU board of directors, highlighted O'Brien's familiarity with the credit union as a factor in his appointment.

"By selecting a candidate of John's caliber from inside the credit union, not only did we find someone with great leadership and management skills, but one who knows the organization very well and who, as a member of the executive team, has helped establish its goals and strategic direction throughout the past five years," Gasbarro said.

O'Brien said he is "truly honored" to have been selected. "I believe that because of this talented and committed staff, my transition to president and CEO will be virtually seamless to the members and communities we serve," he said in a statement distributed by LCU.

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