Heritage Financial CBO Cindy Hirman to retire April 3, 2023; transition agreement signed

HERITAGE FINANCIAL CORP /WA/

Chief Banking Officer Cindy M. Hirman will retire effective April 3, 2023, with a transition period starting January 1, 2023.
She works full-time through Dec 31, 2022 at $292,764 annual salary; then part-time at $175,658 annual salary.
Eligible for 2022 performance bonus and deferred comp contribution; no 2023 bonus or deferred comp.
Outstanding equity awards continue vesting through retirement; no future equity grants.
If terminated without cause before retirement, payments continue as if employed through retirement date.

item 5.02 item 9.01

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Departed

Cindy M. Hirman

chief banking officer

HFWA · HERITAGE FINANCIAL CORP /WA/

Effective: 2023-04-03
Filed: September 28, 2022, 7:59 PM ET

Heritage Financial Corporation, Olympia, Washington (“Heritage”), the parent company of Heritage Bank entered into an agreement on September 26, 2022 for the planned retirement of Cindy M. Hirman (formerly Cindy Huntley), its chief banking officer with her retirement to become effective on April 3, 2023.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Cindy M. Hirman retired as chief banking officer at HERITAGE FINANCIAL CORP /WA/.

Action: retired
Role: chief banking officer

Exact text from the filing

Heritage Financial Corporation, Olympia, Washington (“Heritage”), the parent company of Heritage Bank entered into an agreement on September 26, 2022 for the planned retirement of Cindy M. Hirman (formerly Cindy Huntley), its chief banking officer with her retirement to become effective on April 3, 2023.

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Source: SEC EDGAR

accession 0001046025-22-000138

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