Northwest Bancshares appoints Doug Schosser CFO, effective March 18, 2024

Northwest Bancshares, Inc.

Douglas M. Schosser named CFO, succeeding William W. Harvey who announced retirement last fall.
Schosser will work alongside Harvey through 2024 for a smooth transition.
Schosser most recently served as Chief Accounting Officer of KeyCorp since 2015.
Employment agreement: base salary $600k, 24-month term, severance of 3x salary plus 3x highest bonus.
Schosser to oversee treasury, financial planning, accounting, reporting, tax, and facilities.

item 5.02 item 8.01 item 9.01

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Appointed

Douglas M. Schosser

Chief Financial Officer

NWBI · Northwest Bancshares, Inc.

Effective: 2024-03-18
Filed: February 26, 2024, 6:59 PM ET

On February 26, 2024, Northwest Bancshares, Inc. (the “Company”) and its wholly-owned subsidiary, Northwest Bank, appointed Douglas M. Schosser Chief Financial Officer, effective March 18, 2024.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Douglas M. Schosser was appointed as Chief Financial Officer at Northwest Bancshares, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On February 26, 2024, Northwest Bancshares, Inc. (the “Company”) and its wholly-owned subsidiary, Northwest Bank, appointed Douglas M. Schosser Chief Financial Officer, effective March 18, 2024.

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Northwest Bancshares, Inc. filing history →

Source: SEC EDGAR

accession 0001471265-24-000011

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