Nutmeg State FCU names Holt as new CEO

Nutmeg State Federal Credit Union has named John Holt as the organization's new president and CEO.

Holt, who has 15 years of sales, service and operations management experience with credit unions and other consumer financial services companies, replaces outgoing CEO Loren Dickinson, who is scheduled to retire next month. 

Holt starts his new position Sept. 13. 

Holt comes to Nutmeg after serving as executive vice president for a $500 million credit union in Florida. 

"With the retirement of Loren Dickinson, it was a priority to select a candidate that could keep our momentum going with a significant amount of experience in developing and sustaining strategic growth initiatives," said Mark Bosse, chairman of Nutmeg's board. "We are very pleased with the execution of our succession planning efforts.  We budgeted for a two-year transition process and we are very pleased that we've accomplished our task on time with a quality hire."