Members Development Company appoints NCR’s Ned Tobey as new CEO
Members Development Company (MDC), a credit union network focusing on research and development initiatives, has named former NCR Corporation exec Ned Tobey as its new CEO.
MDC names new CEO
Starting in January 2025, the incoming CEO has been tasked with managing “all research and development operations and strategic decision-making for MDC”.
Tobey takes the company reigns from Jeff Kline, who announced his retirement earlier this year, ending his 17-year tenure as CEO.
Founded in 2000, MDC aims to “scan the horizon, research current and forecast future issues, and create actionable solutions” for credit unions. Drawing on the resources of more than 80 credit unions and CUSO owners, MDC claims its owners serve over 19.4 million members and manage $336 billion in assets.
Tobey joins from NCR Corporation, a US-based enterprise technology provider, where he served as Chief Product Officer (CPO) of Digital Banking for the past two years.
This marked his second stint at NCR, having initially left the product management team in 2020 to become SVP of product management and strategy for PayIt.
