leadership
confidence high
sentiment neutral
materiality 0.40
Heritage Financial appoints Karen Saunders to board; director Gavin to retire at 2025 meeting
HERITAGE FINANCIAL CORP /WA/
- Deborah J. Gavin not standing for re-election at 2025 Annual Meeting; term expires then, no disagreement.
- Karen Saunders appointed to Board and Heritage Bank Board effective Jan 1, 2025; committees: Audit, Finance, Risk & Technology.
- Saunders is a former KPMG audit partner with 38 years in financial services; independent director.
- Heritage entered deferred compensation agreement with Matthew T. Ray: performance-based contributions, 10-year vesting.