PSCU/Co-op Solutions appoints CFO and chief culture officer

PSCU/Co-op Solutions, a St. Petersburg-based payments credit union service organization and integrated financial technology services provider, has announced the appointment of Vel Davidov to executive vice president, chief financial officer and Michael Summers to executive vice president, chief culture officer.

Davidov will lead the company’s financial planning and analysis, mergers and acquisitions, treasury, accounting, tax and settlement operations. He will report to Brian Caldarelli, the company’s chief administrative officer.

Summers will take the lead in shaping, and sustaining, the combined organization’s culture to support employees alongside the company’s key initiatives and core business strategy. He will oversee the company’s learning and organizational development, facilities and real estate, industry engagement and diversity, equity and inclusion teams. Summers will report to Chuck Fagan, president and chief executive officer of PSCU/Co-op Solutions.

As of January, PSCU and Co-op began operating as one company, led by Fagan, who was previously president and chief executive officer of PSCU.

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