secwatch.observer — SEC 8-K summary
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Issuer:     Northwest Bancshares, Inc. (NWBI)
CIK:        0001471265
Form:       8-K
Filed at:   2024-02-26T23:59:59+00:00
Accession:  0001471265-24-000011
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1471265/000147126524000011/0001471265-24-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1471265/000147126524000011/nwbi-20240226.htm
  HTML page:      https://secwatch.observer/filing/0001471265-24-000011

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer