COLUMBUS, Ohio - Northwest Bancshares, Inc. (NASDAQ:NWBI) and its subsidiary Northwest Bank have appointed Douglas M. Schosser as Chief Financial Officer, effective March 18, 2024. He will succeed William W. Harvey, Jr., who announced his retirement last fall. Schosser's transition into the role will include working closely with Harvey throughout the year to ensure a seamless handover of responsibilities.
Douglas Schosser comes to Northwest with a significant background in financial leadership, having held the position of Chief Financial Officer at Key Corporation Bank and Victory Capital Management. His experience extends to executive roles at Associated Bank Corp, where he contributed to various financial aspects of the business, including retail, commercial, corporate banking, and wealth management.
Most recently, Schosser served as Executive Vice President and Chief Accounting Officer at KeyCorp (NYSE:KEY), where he managed a large team and led a major financial transformation initiative, shifting finance and accounting operations to cloud-based platforms to enhance efficiency and data-driven insights.
Northwest Bank's President and CEO, Louis Torchio, expressed confidence in Schosser's ability to contribute to the bank's strategic goals and continuous transformation. Torchio highlighted Schosser's expertise in finance transformation, mergers and acquisitions, and diversity, equity, and inclusion as valuable assets for the bank's leadership team.
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