Heritage Financial Names Bryan D. McDonald President and CEO and Appoints Him to the Board of Directors
Heritage Financial Corporation (NASDAQ: HFWA) has announced the appointment of Bryan D. McDonald as President and Chief Executive Officer, effective May 6, 2025. McDonald, who has been serving as President and CEO of Heritage Bank since July 1, 2024, has also been appointed to the Board of Directors of both the Company and the Bank.
McDonald's extensive experience includes roles as President and COO (2021-2024) and EVP and COO (2018-2021) at Heritage Bank. He joined the bank in 2014 through the Whidbey Island Bank merger. The appointment is part of a succession plan announced in June 2024, replacing Jeffrey J. Deuel, who retired as CEO but will continue in an advisory role until March 31, 2027.
Heritage Financial Corporation (NASDAQ: HFWA) ha annunciato la nomina di Bryan D. McDonald come Presidente e Amministratore Delegato, con effetto dal 6 maggio 2025. McDonald, che ricopre la carica di Presidente e CEO di Heritage Bank dal 1° luglio 2024, è stato inoltre nominato membro del Consiglio di Amministrazione sia della Società che della Banca.
L'ampia esperienza di McDonald include i ruoli di Presidente e COO (2021-2024) e EVP e COO (2018-2021) presso Heritage Bank. È entrato in banca nel 2014 grazie alla fusione con Whidbey Island Bank. La nomina fa parte di un piano di successione annunciato nel giugno 2024, in sostituzione di Jeffrey J. Deuel, che si è ritirato dalla carica di CEO ma continuerà a svolgere un ruolo di consulenza fino al 31 marzo 2027.
Heritage Financial Corporation (NASDAQ: HFWA) ha anunciado el nombramiento de Bryan D. McDonald como Presidente y Director Ejecutivo, con efecto a partir del 6 de mayo de 2025. McDonald, quien ha estado desempeñándose como Presidente y CEO de Heritage Bank desde el 1 de julio de 2024, también ha sido designado miembro del Consejo de Administración tanto de la Compañía como del Banco.
La amplia experiencia de McDonald incluye cargos como Presidente y COO (2021-2024) y EVP y COO (2018-2021) en Heritage Bank. Se unió al banco en 2014 a través de la fusión con Whidbey Island Bank. Este nombramiento forma parte de un plan de sucesión anunciado en junio de 2024, reemplazando a Jeffrey J. Deuel, quien se retiró como CEO pero continuará en un rol asesor hasta el 31 de marzo de 2027.
Heritage Financial Corporation(NASDAQ: HFWA)는 Bryan D. McDonald를 2025년 5월 6일부로 사장 겸 최고경영자(CEO)로 임명했다고 발표했습니다. McDonald는 2024년 7월 1일부터 Heritage Bank의 사장 겸 CEO로 재직 중이며, 회사와 은행 양측 이사회에도 임명되었습니다.
McDonald는 Heritage Bank에서 2021년부터 2024년까지 사장 겸 최고운영책임자(COO), 2018년부터 2021년까지 EVP 겸 COO를 역임하는 등 폭넓은 경력을 갖고 있습니다. 그는 2014년 Whidbey Island Bank와의 합병을 통해 은행에 합류했습니다. 이번 임명은 2024년 6월 발표된 승계 계획의 일환으로, CEO에서 은퇴한 Jeffrey J. Deuel을 대신하며, Deuel은 2027년 3월 31일까지 자문 역할을 계속할 예정입니다.
Heritage Financial Corporation (NASDAQ : HFWA) a annoncé la nomination de Bryan D. McDonald en tant que Président et Directeur Général, à compter du 6 mai 2025. McDonald, qui occupe le poste de Président et CEO de Heritage Bank depuis le 1er juillet 2024, a également été nommé membre du Conseil d'administration de la Société et de la Banque.
L'expérience étendue de McDonald comprend les fonctions de Président et COO (2021-2024) ainsi que d'EVP et COO (2018-2021) chez Heritage Bank. Il a rejoint la banque en 2014 via la fusion avec Whidbey Island Bank. Cette nomination s'inscrit dans le cadre d'un plan de succession annoncé en juin 2024, remplaçant Jeffrey J. Deuel, qui a pris sa retraite en tant que CEO mais continuera à jouer un rôle consultatif jusqu'au 31 mars 2027.
Die Heritage Financial Corporation (NASDAQ: HFWA) hat die Ernennung von Bryan D. McDonald zum Präsidenten und Chief Executive Officer mit Wirkung zum 6. Mai 2025 bekannt gegeben. McDonald, der seit dem 1. Juli 2024 als Präsident und CEO der Heritage Bank tätig ist, wurde außerdem in die Vorstände sowohl des Unternehmens als auch der Bank berufen.
McDonalds umfangreiche Erfahrung umfasst Positionen als Präsident und COO (2021-2024) sowie EVP und COO (2018-2021) bei Heritage Bank. Er kam 2014 durch die Fusion mit der Whidbey Island Bank zur Bank. Die Ernennung ist Teil eines im Juni 2024 angekündigten Nachfolgeplans und ersetzt Jeffrey J. Deuel, der als CEO in den Ruhestand ging, aber bis zum 31. März 2027 weiterhin in beratender Funktion tätig sein wird.
- Seamless leadership transition with internal candidate who has extensive experience in various executive roles
- Retiring CEO remains in advisory role until 2027, ensuring continuity and smooth transition
- New CEO brings diverse banking experience including sales, credit, operations, commercial banking, and residential real estate
- None.
Mr. McDonald said, "It is an honor to be appointed as the Company's President and CEO and I look forward to our continued focus on providing quality customer service, maintaining a collaborative culture focused on continuous improvement, supporting our communities, and enhancing shareholder value."
As previously announced, Jeffrey J. Deuel, who served as CEO of the Bank since 2018 and CEO of the Company since 2019, has retired from his role as CEO of the Company effective today, and will serve in an advisory role to the new CEO and the Company's Board of Directors as a part-time employee until March 31, 2027.
"I want to thank the Heritage team for their valuable partnership these past 15 years and I look forward to seeing their future successes as they continue to grow the Bank," said Mr. Deuel. "We are fortunate to have Bryan to lead the Company and I believe his appointment as President and CEO will provide a seamless leadership transition for our shareholders, customers, and employees."
About Heritage Financial
Heritage Financial Corporation is an
View original content:https://www.prnewswire.com/news-releases/heritage-financial-names-bryan-d-mcdonald-president-and-ceo-and-appoints-him-to-the-board-of-directors-302447568.html
SOURCE Heritage Financial Corporation
FAQ
Who is the new CEO of Heritage Financial (HFWA)?
What is Bryan McDonald's experience at Heritage Financial (HFWA)?
Who did Bryan McDonald replace as CEO of Heritage Financial?
What is Heritage Financial's (HFWA) bank network size?
What role will former CEO Jeffrey Deuel have at Heritage Financial?
