Jax Federal Credit Union has announced the retirement of President and CEO Gerri Sexsion, which will take effect in the first quarter of 2019. DDJ Myers, an executive search firm, will lead a national search for Sexsion’s replacement. Early projections indicate the search process will range from four to six months.
The announcement was shared at the credit union’s annual member meeting, which was held on September 25 at Unity Plaza. The meeting was attended by approximately 200 members, staff and volunteers. Charles T. McLeod, Jr. and C. Eugene Worth retained their seats on the credit union’s Board of Directors.
Sexsion has served as the President and CEO of Jax Federal Credit Union since 1997. Under her leadership, the credit union’s assets more than doubled from $165 million to $394 million, and the member base grew to more than 35,000. She is a 2003 graduate of Leadership Jacksonville and a 2017 recipient of the Jacksonville Business Journal’s Women of Influence award.
“Serving as Jax Federal Credit Union’s President and CEO has been an incredible 21-year journey,” said Sexsion. “It is my sincere hope that during my tenure, Jax Federal Credit Union has helped our members move a little closer to achieving their financial hopes and dreams. I am a better person, personally and professionally, for the opportunity of having worked with so many wonderful members, staff and volunteers.”
McLeod, Chairman of the Jax Federal Credit Union Board of Directors, praised Sexsion for her decades of service to the credit union movement.
“On behalf of the Board of Directors, I want to express gratitude to Gerri for her many years of dedication and leadership to Jax Federal Credit Union,” said McLeod. “Our credit union is stable and prepared as we make this transition, with experienced staff in the branches combined with seasoned support teams in the back office. The executives and managers continue to implement the strategic plan that drives Jax Federal Credit Union forward every day.”