Heritage Financial Corporation Welcomes Karen R. Saunders to the Board of Directors
Heritage Financial Corporation, a prominent bank holding company based in Olympia, Washington, has recently announced an important addition to its Board of Directors. Effective January 1, 2025, Karen R. Saunders will join the board, marking a significant step in enhancing the company's leadership and governance.
Karen R. Saunders brings a wealth of experience in the financial services sector, particularly through her extensive career with KPMG. Joining KPMG in 1986, she rose through the ranks to become a partner in the Seattle office by 1999. Over the years, she accrued invaluable experience in various leadership roles, notably as a SEC Reviewing Partner and the lead partner in community banking for the Pacific Northwest Region. She played a significant role in KPMG’s banking practice from 2015 until her retirement in 2024, demonstrating her deep commitment and influence within the industry.
Brian L. Vance, Chair of the Board at Heritage Financial Corporation, expressed enthusiasm about Saunders's appointment. He stated, "We are pleased to welcome Karen to our board of directors. Her depth of audit, finance, and financial services experience, along with her executive leadership capabilities, align perfectly with our strategic vision."
In addition to her professional accomplishments, Ms. Saunders has demonstrated exemplary community involvement. She currently serves as an Ambassador Board Member for Big Brothers and Big Sisters of Puget Sound and previously held leadership positions such as chair of BBBS and member of the Washington State Accountancy Board. Her recognition as the 2015 Woman of the Year by the Leukemia and Lymphoma Society highlights her dedication beyond the corporate realm.
Karen holds a Bachelor of Arts degree from the University of Washington's Foster School of Business and is a licensed Certified Public Accountant in both Washington and California. Residing in Grapeview, Washington, she continues to contribute her expertise to various organizations, showcasing her commitment to leadership and community service.
Heritage Financial Corporation operates primarily through its wholly-owned subsidiary, Heritage Bank, which has a robust presence in Washington and Oregon with a network of 50 banking offices. Heritage Bank is dedicated to providing full-service banking solutions to its community, and with Saunders joining the board, the organization is expected to gain more strength in its decision-making processes and strategic initiatives.
As the company looks toward the future, adding experienced leaders like Karen R. Saunders is crucial in navigating the evolving landscape of financial services. Heritage Financial Corporation's proactive approach in enhancing board diversity and expertise reflects its commitment to responsible governance and service excellence.
More information about Heritage Financial Corporation and its operations can be found on their official website at
www.hf-wa.com. For detailed insights on Heritage Bank’s services, visit
www.heritagebanknw.com.