The Bank Slate


Carver director to serve as interim president, CEO

Carver Bancorp in New York has tapped an interim CEO while it looks for a permanent successor for Michael Pugh.

The $723.2 million-asset company said in a press release that Craig MacKay will also become interim president on Oct. 1. Carver previously announced that Pugh is stepping down on Sept. 30 to become CEO of the Local Initiatives Support Coalition, a national nonprofit.

MacKay has been an independent Carver director since February 2017. He is a senior adviser at England & Co.

Carver is conducting a national search to find a permanent president and CEO.

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