MADISON, Wis.—Elissa McCarter LaBorde has stepped down as president and CEO of the World Council of Credit Unions (WOCCU), the organization announced.
“We thank Elissa for her years of service at an unprecedented time in WOCCU's history and celebrate the organization's success under her leadership,” said Michael Lawrence, chair of the WOCCU board of directors.
Stating the organization is at strategic crossroads, WOCCU said it is an opportune time for the organization to refocus on its core trade association activities and advocacy mission.
WOCCU has begun a search for LaBorde's replacement.
Paul Treinen will serve as interim CEO of both WOCCU and the Worldwide Foundation for Credit Unions (WFCU), which McCarter LaBorde also oversaw in her role with the organization, WOCCU explained.
Treinen retired from WOCCU in 2023, following a seven-year career as chief operating officer and EVP. His deep understanding of the organization's mission and operations positions him well to lead during this transitional period.
"We are confident in Paul's leadership and ability to ensure continuity during this time of change," added Lawrence. "WOCCU and WFCU remain focused on advancing the global credit union movement and delivering continued value to our members, partners and donors."
“Under Paul’s leadership and direction, we are confident the work of the foundation will continue uninterrupted,” said Bill Cheney, chair of the WFCU board and CEO of SchoolsFirst FCU. “The WFCU board looks forward to working with Paul during this period of change and transition.”