Chad Wheeler Takes on Role of Managing Director at Northwest Bank to Enhance Treasury Functions

Chad Wheeler Takes the Helm as Managing Director and Treasurer at Northwest Bank

Northwest Bank, a prominent full-service financial institution, recently made headlines with the announcement of Chad Wheeler's appointment as Managing Director and Treasurer. This strategic move, revealed on September 18, 2025, reflects Northwest Bank's commitment to bolstering its financial strategies in a competitive banking landscape.

Wheeler steps into his new role with nearly three decades of experience in treasury management and financial strategy. He is set to oversee the bank’s expanding treasury functions, which include managing interest rates, liquidity, and capital initiatives, along with the bank's securities investment portfolio. His responsibilities will also encompass facilitating interest rate swaps and ensuring compliance with regulatory and risk management requirements amid the institution's growth.

Doug Schosser, CFO of Northwest Bank, expressed excitement about Wheeler's appointment, highlighting his extensive knowledge of capital markets, regulatory environments, and macroeconomic factors affecting the banking sector. Schosser stated, "Chad has a deep understanding of capital markets and the complex and evolving regulatory environment. This knowledge will be invaluable as we continue to transform and grow as a full-service financial institution, supporting both current and future needs."

Prior to joining Northwest Bank, Chad Wheeler served as Executive Vice President and Treasurer at Fulton Bank, a significant regional financial entity with $32 billion in assets. There, he played a pivotal role in shaping the bank's strategic direction, chairing various committees such as the Asset Liability Committee and the Loan Deposit Committee, alongside contributing to the Enterprise Risk Management Committee. His prior experiences include serving as Treasurer at Customers Bank, where he established the treasury function and was a crucial player in the institution’s transition after exceeding the $10 billion asset threshold.

Wheeler began his finance career at Santander Bank, N.A. (formerly Sovereign Bank), where he climbed the ranks to become Assistant Treasurer. His educational background includes a degree in finance from Kutztown University in Pennsylvania, ensuring that he possesses both theoretical and practical knowledge in his field.

Headquartered in Columbus, Ohio, Northwest Bancshares, Inc., which is the parent company of Northwest Bank, has been serving customers since its founding in 1896. The bank offers a wide array of business and personal banking products, employee benefits, and wealth management services. Currently, it operates 151 full-service financial centers and 10 drive-up locations across multiple states, including Pennsylvania, New York, Ohio, and Indiana. The common stock of Northwest Bancshares, Inc. is traded on the NASDAQ Global Select Market under the ticker symbol "NWBI."

In light of these developments, it seems that Wheeler’s expertise will be crucial in navigating the complexities of today’s banking environment as Northwest Bank seeks to enhance its operational efficiencies and maintain compliance amidst regulatory changes. As the bank continues to evolve, Wheeler's leadership will likely play a key role in achieving its financial goals and optimizing stakeholder value.

For additional information about Northwest Bancshares, Inc. and Northwest Bank, interested parties can visit www.northwest.bank to learn more about its offerings and future initiatives.

The banking sector continually faces various challenges, including shifts in interest rates and evolving regulatory frameworks, but with capable leaders like Chad Wheeler at the helm, Northwest Bank appears well-positioned for sustainable growth and success.