Northwest Bancshares CEO Ronald J. Seiffert dies unexpectedly; interim CEO and Chair appointed

Northwest Bancshares, Inc.

Chairman, President & CEO Ronald J. Seiffert passed away of natural causes on May 24, 2022.
CFO William W. Harvey Jr. appointed interim President & CEO; retains CFO role.
Lead Director Timothy B. Fannin appointed interim Chairman of the Board.
Succession plan executed: Harvey has been with Northwest since 1996; Fannin was Lead Director.
Company intends to carry forward Seiffert's strategic vision as an independent institution.

item 5.02 item 8.01 item 9.01

Executive movements

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Departed

Ronald J. Seiffert

Chairman of the Board, President and Chief Executive Officer

NWBI · Northwest Bancshares, Inc.

Effective: 2022-05-24
Successor: William W. Harvey, Jr.
Filed: May 25, 2022, 7:59 PM ET

Northwest Bancshares, Inc. (the “Company”) is saddened to report that Ronald J. Seiffert, the Chairman of the Board, President and Chief Executive Officer of the Company and Northwest Bank, the Company’s wholly owned subsidiary, passed away unexpectedly of natural causes on May 24, 2022.

Appointed (interim)

William W. Harvey, Jr.

interim President and Chief Executive Officer

NWBI · Northwest Bancshares, Inc.

Effective: 2022-05-24
Filed: May 25, 2022, 7:59 PM ET

Following Mr. Seiffert’s death, on May 24, 2022, the Boards of Directors of the Company and Northwest Bank appointed William W. Harvey, Jr. as interim President and Chief Executive Officer.

Appointed (interim)

Timothy B. Fannin

interim Chairman of the Board

NWBI · Northwest Bancshares, Inc.

Effective: 2022-05-24
Filed: May 25, 2022, 7:59 PM ET

the Boards of Directors of the Company and Northwest Bank appointed Lead Director Timothy B. Fannin as interim Chairman of the Board of each entity.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Ronald J. Seiffert departed as Chairman of the Board, President and Chief Executive Officer at Northwest Bancshares, Inc..

Action: passed away
Role: Chairman of the Board, President and Chief Executive Officer

Exact text from the filing

Northwest Bancshares, Inc. (the “Company”) is saddened to report that Ronald J. Seiffert, the Chairman of the Board, President and Chief Executive Officer of the Company and Northwest Bank, the Company’s wholly owned subsidiary, passed away unexpectedly of natural causes on May 24, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

William W. Harvey, Jr. was appointed as interim President and Chief Executive Officer at Northwest Bancshares, Inc..

Action: appointed
Role: interim President and Chief Executive Officer

Exact text from the filing

Following Mr. Seiffert’s death, on May 24, 2022, the Boards of Directors of the Company and Northwest Bank appointed William W. Harvey, Jr. as interim President and Chief Executive Officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Timothy B. Fannin was appointed as interim Chairman of the Board at Northwest Bancshares, Inc..

Action: appointed
Role: interim Chairman of the Board

Exact text from the filing

the Boards of Directors of the Company and Northwest Bank appointed Lead Director Timothy B. Fannin as interim Chairman of the Board of each entity.

View on SEC.gov

Northwest Bancshares, Inc. filing history →

Source: SEC EDGAR

accession 0001471265-22-000081

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