{"schema_version":"secwatch.filing_event.v1","accession":"0001046025-25-000106","form_type":"8-K","ticker":"HFWA","cik":"0001046025","company_name":"HERITAGE FINANCIAL CORP /WA/","filed_at":"2025-05-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.299340+00:00","generated_at":"2026-05-22T10:34:27.802621+00:00","sec_items":["5.02","5.07","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Heritage Financial names Bryan McDonald President and CEO, Deuel retires","bullets":["CEO Jeffrey Deuel retired May 6, 2025; Bryan McDonald named President and CEO and appointed to Board.","McDonald previously served as President/COO of Heritage Bank since 2021, joined via Whidbey Island merger in 2014.","Employment agreement: base salary $650k, target bonus 50%, severance 150% (non-CIC) or 250% (CIC) of base plus avg bonus.","Annual meeting results: all 9 directors re-elected, say-on-pay passed, Crowe LLP ratified as auditor for 2025.","Deuel will remain as non-officer employee in advisory role through March 2027."],"urls":{"canonical":"https://secwatch.observer/filing/0001046025-25-000106","json":"https://secwatch.observer/filing/0001046025-25-000106.json","markdown":"https://secwatch.observer/filing/0001046025-25-000106.md","text":"https://secwatch.observer/filing/0001046025-25-000106.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1046025/000104602525000106/0001046025-25-000106-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1046025/000104602525000106/hfwa-20250505.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T10:34:27.802621+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1198aaa3ca","claim":"Bryan D. McDonald was appointed as Director at HERITAGE FINANCIAL CORP /WA/.","evidence_excerpt":"the Board of Directors (\"Board\") of Heritage, upon the recommendation of the Governance and Nominating Committee of the Board, approved the appointment of Mr. McDonald to the Board, effective May 6, 2025.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1046025/000104602525000106/0001046025-25-000106-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"681e1bc0ef","claim":"Jeffrey J. Deuel retired as Chief Executive Officer at HERITAGE FINANCIAL CORP /WA/.","evidence_excerpt":"Jeffrey J. Deuel, who had held the title of CEO of Heritage since 2019, retired from his role as CEO effective May 6, 2025","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1046025/000104602525000106/0001046025-25-000106-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"f22c817f38","claim":"Bryan D. McDonald changed role as President and Chief Executive Officer at HERITAGE FINANCIAL CORP /WA/.","evidence_excerpt":"Bryan D. McDonald, age 53, who has held the title of President of Heritage and President and CEO of Heritage Bank since July 1, 2024, succeeded Mr. Deuel as President and CEO of Heritage and its wholly-owned banking subsidiary, Heritage Bank, effective May 6, 2025.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1046025/000104602525000106/0001046025-25-000106-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"succeeded"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}