COLUMBUS, Ohio, Aug. 21,
2024 /PRNewswire/ -- Northwest Bank, a full-service
financial institution offering a complete line of business and
personal banking solutions, has named Sean
Morrow as Interim Treasurer effective August 23.
He will replace Corporate Treasurer and EVP of Finance and
Accounting Jeffrey Maddigan, who is leaving to pursue an
opportunity outside of the bank.
In this role, Morrow will oversee the treasury function,
including managing the bank's interest rate, liquidity and capital
efforts; managing the securities investment portfolio; facilitating
interest rate swaps and ensuring the bank meets its regulatory and
risk expectations.
Morrow brings nearly 20 years of financial experience to this
role. A seven-year veteran of Northwest, he joined the bank as
treasury risk manager and most recently served as assistant
treasurer. He previously worked in various financial roles at
KeyBank and First Niagara.
"I'm pleased to name Sean as our interim treasurer," said Chief
Financial Officer Doug Schosser.
"His depth of industry experience, combined with the expertise he's
developed through his close partnership with Jeff, will ensure a
seamless transition and help us continue our team's momentum."
"On behalf of the entire bank, we extend our gratitude to Jeff
for his exceptional leadership and the substantial contributions he
has made for our employees, customers and shareholders," Schosser
said. "We wish him all the best in his future pursuits."
Morrow earned his bachelor's degree in business administration
from SUNY Buffalo and an MBA from
St. Bonaventure University. Active in
the community, Sean sits on the Board of Directors for Torn Space
Theater and serves as its treasurer. He is also a member of the
Loan Committee for the Westminster Economic Development Initiative,
an organization that provides micro-loans to underserved residents
of Buffalo. He and his wife Katie reside in the Buffalo
area.
About Northwest Bank
Headquartered in Columbus, Ohio, Northwest Bancshares, Inc. is
the bank holding company of Northwest Bank. Founded in 1896,
Northwest Bank is a full-service financial institution offering a
complete line of business and personal banking products, as well as
employee benefits and wealth management services. Currently,
Northwest operates 131 full-service financial centers and eight
free-standing drive-through facilities in Pennsylvania, New
York, Ohio and Indiana. Northwest Bancshares, Inc.'s common
stock is listed on the NASDAQ Global Select Market ("NWBI").
Additional information regarding Northwest Bancshares, Inc. and
Northwest Bank can be accessed online at www.northwest.bank.
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SOURCE Northwest Bank