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CEOWORLD magazine - Latest - Banking and Finance - Douglas M. Schosser Becomes CFO of Northwest Bancshares as William W. Harvey, Jr. Retires

Banking and Finance

Douglas M. Schosser Becomes CFO of Northwest Bancshares as William W. Harvey, Jr. Retires

Northwest Bancshares, Inc. (NASDAQ: NWBI) and its subsidiary Northwest Bank has announced the appointment of Douglas M. Schosser as Chief Financial Officer, effective March 18, 2024. Schosser will succeed William W. Harvey, Jr., who disclosed his retirement plans last autumn. His transition into the role will involve close collaboration with Harvey throughout the year to ensure a seamless transfer of responsibilities.

Louis Torchio, President and CEO of Northwest Bank, expressed confidence in Schosser’s ability to contribute to the bank’s strategic objectives and ongoing transformation efforts. Torchio emphasized Schosser’s proficiency in finance transformation, mergers and acquisitions, and commitment to diversity, equity, and inclusion as invaluable assets to the bank’s leadership team.

Douglas Schosser brings with him a wealth of financial leadership experience, having previously served as Chief Financial Officer at Key Corporation Bank and Victory Capital Management. His expertise extends to executive positions at Associated Bank Corp, where he played a key role in various financial domains, including retail, commercial, corporate banking, and wealth management.

In his most recent role as Executive Vice President and Chief Accounting Officer at KeyCorp (NYSE: KEY), Schosser led a significant financial transformation initiative, overseeing the transition of finance and accounting operations to cloud-based platforms to drive efficiency and data-driven insights.

 

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CEOWORLD magazine - Latest - Banking and Finance - Douglas M. Schosser Becomes CFO of Northwest Bancshares as William W. Harvey, Jr. Retires
Anna Siampani
Anna Siampani, Lifestyle Editorial Director at the CEOWORLD magazine, working with reporters covering the luxury travel, high-end fashion, hospitality, and lifestyle industries. As lifestyle editorial director, Anna oversees CEOWORLD magazine's daily digital editorial operations, editing and writing features, essays, news, and other content, in addition to editing the magazine's cover stories, astrology pages, and more. You can reach Anna by mail at anna@ceoworld.biz