Heritage Financial Corporation has appointed Karen R. Saunders to its Board of Directors, effective January 1, 2025. Ms. Saunders brings a wealth of audit, finance, and financial services experience, having spent her entire career at KPMG, where she was promoted to partner in 1999 and served as a SEC Reviewing Partner for the firm's financial services practice. She also led the Pacific Northwest Region as the lead partner in community banking and the lead banking partner over the firm's banking practice in the Los Angeles office until her retirement in 2024.
Heritage Financial Corporation, the Olympia, Washington-based bank holding company for its subsidiary Heritage Bank, operates a branch network of 50 banking offices in Washington, Oregon, and Idaho. The company's stock is traded on the NASDAQ Global Select Market under the symbol "HFWA."
The appointment of Ms. Saunders to the Board of Directors brings valuable expertise to the company, given her extensive executive leadership experience and background as a former KPMG audit partner within the financial services practice. Her appointment is expected to contribute to the company's governance and strategic decision-making.
This appointment comes as Heritage Financial Corporation continues to expand its presence and strengthen its leadership team. With Ms. Saunders' appointment, the company aims to leverage her expertise to drive continued growth and success in the financial services industry.
For more information about Heritage Financial Corporation and Heritage Bank, please visit the company's websites at www.hf-wa.com and www.heritagebanknw.com. Following these announcements, the company's shares moved -0.5%, and are now trading at a price of $23.91. For the full picture, make sure to review Heritage Financial's 8-K report.
