Page 6 - CU Solutions Group Annual Shareholder Report
P. 6

CHAIRMAN’S REPORT, PETE DZURIS

                             CU Solutions Group continues to enjoy tremendous support from
                             its shareholders and customers. We’re proud of our 2021, another
                             banner year of challenges and opportunities, and we are pleased
                             with early success metrics for 2022.


                             CUSG’s 12-member   appointed  new  CEO  Patty  Corkery  and
                             Board of Directors   Chairwoman Heather Luciani to the two MCUL-
                             saw    dramatic   designated Board positions on the CUSG
                             change  with  five   Board.
                             new  additions  in
                             2021.  The  Board   In the last 12 months, the CUSG Board has
      thanked Annette Zimmerman, Karen Church,   approved important new investments, set
      David Snodgrass, and John Buckley for their   direction for the CEO, and managed important
      esteemed service and welcomed new directors   governance issues. The Board approved an
      Heather Luciani, Patty Corkery, Julie Kreinbring,   investment in Think|Stack, a company that
      Patty Campbell, and Chrissy Siders.      assists credit unions and other businesses with
                                               cloud computing, network monitoring, and
      In April 2021, MCUL/CUSG CEO Dave Adams   cybersecurity. That investment gave CUSG a
      announced his desire to step down as CEO of   21 percent ownership stake in the Maryland-
      the Michigan Credit Union League after 24   based company.
      years. He will direct his focus to his duties as
      CEO of CUSG. The MCUL Board promoted     The CUSG Board also approved an investment
      Patty Corkery as the new CEO of the MCUL.   in  Dallas-based  Marquis,  a  marketing
      These changes brought a new and important   automation software company with a strong
      separate management structure. For the first   presence in the financial services industry.
      time in our history, the CUSG Board assumed   These investments included representation by
      full  responsibility  for  supervision  of  and   CEO Dave Adams on the Boards of Marquis
      collaboration with a CEO independent of the   and Think|Stack.
      MCUL. To help represent the important majority
      ownership position of the MCUL, the League   Earlier in 2021, CUSG completed its acquisition






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