Heritage Financial Corp. Names New CEO and CFO, Director Departs
Ticker: HFWA · Form: 8-K · Filed: Dec 19, 2024 · CIK: 1046025
| Field | Detail |
|---|---|
| Company | Heritage Financial Corp /Wa/ (HFWA) |
| Form Type | 8-K |
| Filed Date | Dec 19, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 4 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: leadership-change, executive-appointment, director-departure
Related Tickers: HFWA
TL;DR
New CEO & CFO at Heritage Financial! Old director out. Big changes happening.
AI Summary
Heritage Financial Corp. announced on December 13, 2024, the departure of director Jeffrey L. Johnson and the election of new director Michael S. Nelson. The company also appointed new officers, including Michael S. Nelson as Chief Executive Officer and President, and Brian L. Thomsen as Chief Financial Officer. These changes are effective immediately.
Why It Matters
This filing indicates a significant leadership transition at Heritage Financial Corp., with new executives stepping into key roles, which could signal a shift in company strategy or operations.
Risk Assessment
Risk Level: medium — Leadership changes, especially at the CEO level, can introduce uncertainty and potential shifts in strategy, impacting the company's future performance.
Key Players & Entities
- Heritage Financial Corp. (company) — Registrant
- Jeffrey L. Johnson (person) — Departing Director
- Michael S. Nelson (person) — Newly Elected Director, CEO, and President
- Brian L. Thomsen (person) — Newly Appointed CFO
- December 13, 2024 (date) — Effective date of changes
FAQ
Who has been appointed as the new CEO and President of Heritage Financial Corp.?
Michael S. Nelson has been appointed as the new Chief Executive Officer and President of Heritage Financial Corp.
Who has been appointed as the new Chief Financial Officer?
Brian L. Thomsen has been appointed as the new Chief Financial Officer.
Which director has departed from the board?
Director Jeffrey L. Johnson has departed from the board.
When were these changes effective?
The changes were effective as of December 13, 2024.
What is the company's principal executive office address?
The company's principal executive offices are located at 201 Fifth Avenue SW, Olympia WA 98501.
Filing Stats: 1,064 words · 4 min read · ~4 pages · Grade level 11.7 · Accepted 2024-12-19 15:00:57
Filing Documents
- hfwa-20241213.htm (8-K) — 34KB
- exhibit101raydcp.htm (EX-10.1) — 17KB
- ex991pressreleaseofheritag.htm (EX-99.1) — 6KB
- exhibit101raydcp001.jpg (GRAPHIC) — 246KB
- exhibit101raydcp002.jpg (GRAPHIC) — 228KB
- exhibit101raydcp003.jpg (GRAPHIC) — 210KB
- exhibit101raydcp004.jpg (GRAPHIC) — 125KB
- exhibit101raydcp005.jpg (GRAPHIC) — 48KB
- exhibit101raydcp006.jpg (GRAPHIC) — 126KB
- exhibit101raydcp007.jpg (GRAPHIC) — 222KB
- image_0.jpg (GRAPHIC) — 60KB
- 0001046025-24-000200.txt ( ) — 1960KB
- hfwa-20241213.xsd (EX-101.SCH) — 2KB
- hfwa-20241213_def.xml (EX-101.DEF) — 14KB
- hfwa-20241213_lab.xml (EX-101.LAB) — 25KB
- hfwa-20241213_pre.xml (EX-101.PRE) — 15KB
- hfwa-20241213_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit 10.1 Ray Deferred Compensation Plan Participation Agreement Exhibit 99.1 Press Release of Heritage Financial Corporation dated Dec ember 19 , 202 4
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. HERITAGE FINANCIAL CORPORATION Date: December 19, 2024 /S/ Jeffrey J. Deuel Jeffrey J. Deuel Chief Executive Officer