Chad Wheeler Joins Northwest Bank as New Treasurer and Leader
Chad Wheeler Steps into Key Role at Northwest Bank
Northwest Bank, a comprehensive financial institution providing a full range of banking services, has welcomed Chad Wheeler as its new Managing Director and Treasurer. This announcement signifies a pivotal moment for the bank as it continues to enhance its treasury operations and financial strategy.
Wheeler's New Responsibilities
In his new position, Wheeler will be responsible for overseeing the bank's expansive treasury function. This includes managing interest rates, liquidity, and capital, as well as overseeing the securities investment portfolio and interest rate swaps. His expertise will ensure that Northwest Bank not only meets but excels in complying with regulatory and risk management requirements as it navigates future growth.
Leadership's Confidence
Doug Schosser, Chief Financial Officer at Northwest Bank, expressed his enthusiasm regarding Wheeler's appointment. "We are thrilled to have Chad join our finance team. His extensive knowledge encompassing capital markets, evolving regulations, and macroeconomic indicators will be crucial for our ongoing growth and transformation as a full-service financial provider," he stated.
Chad Wheeler's Experience
Wheeler arrives with nearly three decades of hands-on experience in treasury and financial strategy. Before his new role, he served as Executive Vice President and Treasurer at Fulton Bank, a robust financial institution with approximately $32 billion in assets. During his tenure at Fulton, he played a vital role in shaping the bank's strategic direction and was an influential member of several key committees.
Previous Achievements and Expertise
Prior to his tenure at Fulton Bank, Wheeler held the position of Treasurer at Customers Bank, where he was instrumental in creating the treasury function from scratch and guiding the bank through substantial growth. He initiated his finance career with Santander Bank, N.A., where he quickly rose to the rank of Assistant Treasurer, gaining invaluable experience in banking operations.
Educational Background
Wheeler earned his bachelor’s degree in finance from Kutztown University in Pennsylvania, laying the foundation for his impressive career in the financial sector.
About Northwest Bank
Northwest Bank, founded in 1896 and headquartered in Columbus, Ohio, is committed to providing an extensive range of financial services. As a full-service banking institution, it offers business and personal banking products, employee benefits, and wealth management services.
The bank operates 151 full-service financial centers and 10 drive-up locations in multiple states, ensuring a versatile service offering to its customer base. Additionally, Northwest Bancshares, Inc. is publicly traded on the NASDAQ Global Select Market under the symbol "NWBI." More details about the bank's services can be found on their official website.
Frequently Asked Questions
Who is Chad Wheeler?
Chad Wheeler is the newly appointed Managing Director and Treasurer at Northwest Bank, bringing nearly 30 years of financial experience.
What will Chad Wheeler oversee at Northwest Bank?
He will manage the bank's treasury functions, including interest rate management, liquidity, and capital efforts.
What is Northwest Bank known for?
Northwest Bank is a full-service financial institution that offers a variety of personal and business banking services.
Where is Northwest Bank headquartered?
Northwest Bank is headquartered in Columbus, Ohio.
What is the significance of Wheeler's appointment?
Wheeler’s experience in finance and understanding of the market will be crucial for the bank's growth and compliance.
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