---
schema_version: "secwatch.filing_event.v1"
accession: "0001046025-24-000200"
form_type: "8-K"
ticker: "HFWA"
cik: "0001046025"
company_name: "HERITAGE FINANCIAL CORP /WA/"
filed_at: "2024-12-19T23:59:59+00:00"
generated_at: "2026-05-29T00:51:08.096234+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Heritage Financial appoints Karen Saunders to board; director Gavin to retire at 2025 meeting

## Summary
- 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.

## SEC filing metadata
- accession: 0001046025-24-000200
- form_type: 8-K
- ticker: HFWA
- cik: 0001046025
- company_name: HERITAGE FINANCIAL CORP /WA/
- filed_at: 2024-12-19T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1046025/000104602524000200/0001046025-24-000200-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1046025/000104602524000200/hfwa-20241213.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001046025-24-000200
- JSON: https://secwatch.observer/filing/0001046025-24-000200.json
- Plain text: https://secwatch.observer/filing/0001046025-24-000200.txt

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