Members Trust Company announces John M. Largent as President and CEO
Largent will assume role at beginning of 2020 upon retirement of current CEO Tom Walker
TAMPA, FL (February 15, 2019) — Members Trust Company, owned by America’s Credit Unions, today announced the appointment of John M. Largent CFA, CFP®, CAP, CCE as president and CEO, effective January 1, 2020. In this role, Largent will continue to lead the highly effective and expanding investment team. Largent will succeed Tom Walker who has served as Members Trust Company’s CEO since the company’s inception in 1987.
“John has earned the confidence and support of the Board of Directors, having been a key contributor to Members Trust Company’s growth to nearly $3 billion in trust and investment assets since joining us 15 years ago,” said Jonathan Rich, chairman of the board. “He has been instrumental in the success that we enjoy with members and credit unions, and in building our brand. I feel confident that he – and our excellent executive management team – will build on the foundation and momentum achieved under Tom Walker’s leadership and that he will lead Members Trust Company to a bright future.”
Largent joined Members Trust Company in 2004 serving as chief investment strategist. Under his leadership, his team grew from $60 million in AUM to over $2.3 billion. He has more than 30 years of experience in the financial services industry, having started his career with a position on the floor of the New York Stock Exchange. As a committed life-long learner, he has earned professional designations and certifications, including Chartered Advisor in Philanthropy (CAP), Chartered Financial Analyst (CFA) and Certified Financial Planner (CFP). Largent is a member of the national Financial Planning Association (FPA), the Financial Planning Association of Tampa Bay, and the CFA Institute, and is a member and past President of CFA Tampa Bay. He joined global portfolio managers and analysts to study significant investment issues when he attended the CFA Institute’s Investment Management Workshop at Harvard University. Largent earned his undergraduate degree in Finance and Banking, followed by an MBA degree, from the University of Arkansas, Sam M. Walton College of Business.
John M. Largent
About Members Trust Company
Since 1987, Members Trust Company, FSB has provided trust and investment services to credit union members and private clients throughout the United States. Owned and managed by America’s Credit Unions, Members Trust Company abides by the management philosophy of our owners – to act in the best interest of our clients while fulfilling our fiduciary duty as a trust company. These credit unions, with over $180 billion in assets, provide Members Trust Company with its strategic values and underpin our strength as a national trust and investment firm. For more information, please visit: memberstrust.com
