REV welcomes new CFO placed by DDJ Myers
CHARLESTON, SC (March 17, 2023) — REV recently announced the appointment of Russell E. Gahagan, III to the position of Chief Financial Officer. Gahagan was placed by DDJ Myers, the well-known leadership development firm that is now an ALM First Company, and brings a comprehensive background in financial leadership to REV’s executive team, where he will join in continuing the organization’s growth momentum.
REV President and CEO Jason Lee comments, “Russell is a strategic and purpose-driven executive with an excellent track record of delivering results of value. After a rigorous nationwide search, I’m excited to welcome Russell to REV. He will be a strong addition to our leadership team, and I am looking forward to working closely with him to improve operating results to position REV for long-term growth.”
A certified public accountant with over 25 years of experience, Gahagan joins REV from b1BANK where, since 2010, he has served as Senior Vice President, Finance and Corporate Treasury. In this role, Gahagan managed a portfolio close to $1B in investments and successfully guided his team through five mergers, growing b1BANK from $750M to $6B in assets. Prior to b1BANK, Gahagan served as CFO at Essential Federal Credit Union.
“At $1B, REV is much further advanced in ideology and mindset than other financial institutions that are significantly larger,” said Gahagan. “This is an organization with an exceptionally bright future, and it is a privilege to be part of it.”
About REV
At the heart of the REV brand is its mission of Growth with Purpose, which defines our core beliefs in how we prioritize our members, support the community, and remain dedicated to the principles of putting people over profit. With a proud military history dating back to 1955, REV offers competitive consumer and business banking products, services, and educational resources designed to enrich the communities we serve throughout the Carolinas. To learn more about REV and its work in building resilient communities, please visit REVfcu.com.
About DDJ Myers, An ALM First Company
DDJ Myers specializes in leadership success through executive recruitment, strategic organization, and board development for financial institutions. In addition, they offer a broad range of online assessments to help companies optimize their greatest assets – their people. DDJ Myers joined forces with ALM First, a strategic partner that offers depositories an array of financial advisory services, in 2022 to provide expanded educational opportunities and solutions to help clients optimize both people and financial performance. Learn more at
www.ddjmyers.com or visit our parent company
www.almfirst.com.
