Northwest Bancshares,Inc. (NASDAQ:NWBI) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 20, 2019, the Board of Directors of Northwest Bancshares, Inc. (the “Company”) named Jeffrey R. White the Principal Accounting Officer of the Company.Senior Executive Vice President and Chief Financial Officer William W. Harvey Jr., will retain the position of Principal Financial Officer.
Mr. White, age 34, has been employed by Northwest Bank since June 2018 as Senior Vice President and Controller. Prior to joining Northwest Bank, Mr. White served as a director within KPMG’s Risk Consulting division, specializing in the new credit impairment standard, Current Expected Credit Loss, or CECL. Prior to that, Mr. White served as a senior manager within KPMG’s financial services audit practice. Mr. White is a certified public accountant and holds a bachelor’s degree in business administration from the University of Pittsburgh.
About Northwest Bancshares,Inc. (NASDAQ:NWBI)
Northwest Bancshares, Inc. (Northwest) is a savings and loan holding company. The Company’s principal business consists of attracting deposits and making loans secured by various types of collateral, including real estate and other assets in the markets in which it operates. Its subsidiary, Northwest Bank, is a Pennsylvania-chartered stock savings bank. Northwest Bank is a community-oriented financial institution, offering personal and business banking solutions, investment management and trust services and insurance products. Through a subsidiary, Northwest Consumer Discount Company, it also offers consumer finance loans. Northwest Bank operates over 180 community-banking offices throughout its market. Northwest Bank also offers investment management and trust services and through its subsidiaries, actuarial and benefit plan administration services, as well as property and casualty and employer benefit plan insurance.