Jay Magulski Announced His Retirement as CEO of Landmark Credit Union by 2025
In a significant announcement today, Jay Magulski, the President and Chief Executive Officer of Landmark Credit Union, has revealed that he will be retiring at the close of 2025. This decision marks the end of an era for both him and the institution he has served for over two decades. Since joining Landmark, Magulski has been instrumental in steering the organization toward new heights, and his leadership has been pivotal over the past 12 years. Brian Dorow, chair of the board of directors, expressed profound gratitude for Magulski’s dedication, noting, "His commitment to associates, members, and the community has greatly enhanced the foundation of Landmark Credit Union and positioned us for future growth."
During his tenure, Magulski has overseen several transformative projects and strategic initiatives that have solidified Landmark’s status as a competitive player in the credit union industry. One of his notable achievements includes implementing extensive system upgrades that led to enhanced operational efficiencies. Additionally, he played a critical role in the development of Landmark's new headquarters located in Brookfield, which symbolizes the cooperative's commitment to modernization. Under his guidance, the brand underwent significant evolution, featuring a new logo, tagline, and a redesigned website to improve customer engagement.
Magulski also championed the installation of new technology and the opening of additional branches, all aimed at enriching the experience for both members and staff. Reflecting on his time at Landmark, he stated, "I've thoroughly enjoyed the opportunity to serve our members and collaborate with many talented associates throughout the years. Looking forward to my retirement, I feel an immense pride in what we've achieved together as a team, supporting each other, and our communities."
In preparation for this transition, the board of directors has engaged Korn Ferry, a global executive search firm, to assist in the search for the next leader of Landmark Credit Union. Both internal and external candidates will be evaluated, and they expect to announce Magulski’s successor by the summer of 2025.
Founded in 1933, Landmark Credit Union operates as a not-for-profit financial cooperative, dedicated to serving its members through competitive rates, low fees, and personalized service. The institution has managed to grow its assets to over $6 billion, with a proud membership of more than 390,000 and a workforce exceeding 1,000 employees across 35 branches. As Landmark looks toward the future, it continues to focus on enhancing member experiences and community involvement.
For more information about Landmark Credit Union, you can visit their official website at landmarkcu.com. Their commitment to innovation and member satisfaction will surely be at the forefront as they transition into a new leadership era.