---
schema_version: "secwatch.filing_event.v1"
accession: "0001046025-24-000171"
form_type: "8-K"
ticker: "HFWA"
cik: "0001046025"
company_name: "HERITAGE FINANCIAL CORP /WA/"
filed_at: "2024-10-23T23:59:59+00:00"
generated_at: "2026-05-30T10:55:01.714067+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Heritage Financial names Nicholas Bley as COO of Heritage Bank, effective Oct 28, 2024

## Summary
- Nicholas Bley named Executive VP and COO of Heritage Bank and Executive VP of Heritage, effective Oct 28, 2024.
- Bley previously served as Managing Director and Commercial Real Estate Senior Regional Sales Manager at JPMorgan Chase.
- Employment agreement provides annual base salary of $400,008, a $300,000 signing bonus, and $350,000 RSU award.
- Initial employment term runs through June 30, 2027, with automatic annual extensions unless 90 days' notice given.
- Severance: 100% of base salary plus 3-year avg bonus paid over 24 months (non-Change-in-Control); 200% lump sum (Change-in-Control).

## SEC filing metadata
- accession: 0001046025-24-000171
- form_type: 8-K
- ticker: HFWA
- cik: 0001046025
- company_name: HERITAGE FINANCIAL CORP /WA/
- filed_at: 2024-10-23T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1046025/000104602524000171/0001046025-24-000171-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1046025/000104602524000171/hfwa-20241023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001046025-24-000171
- JSON: https://secwatch.observer/filing/0001046025-24-000171.json
- Plain text: https://secwatch.observer/filing/0001046025-24-000171.txt

## Key facts
- Executive change
  Nicholas Bley was appointed as Executive Vice President and Chief Operating Officer of Heritage Bank and Executive Vice President of Heritage at HERITAGE FINANCIAL CORP /WA/.
  - Action: appointed
  - Role: Executive Vice President and Chief Operating Officer of Heritage Bank and Executive Vice President of Heritage
  source text: Heritage Financial Corporation, Olympia, Washington (“Heritage”), the parent company of Heritage Bank, issued a press release on October 23, 2024, announcing that Nicholas Bley will become the Executive Vice President and Chief Operating Officer of Heritage Bank and Executive Vice President of Heritage.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1046025/000104602524000171/0001046025-24-000171-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.