Heritage Financial announces CEO succession plan

Heritage Financial has named Bryan McDonald to succeed Jeffrey Deuel as President and CEO of Heritage Bank and President of Heritage Financial Corporation, effective July 1. McDonald has held the titles of President and COO of Heritage Bank since 2018. Deuel, who has served as CEO of Heritage Bank since 2018 and as President and CEO of Heritage Financial Corporation since 2019, will remain CEO of Heritage Financial Corporation until May 6, 2025, at which time he will take on an advisory role assisting the CEO and the company’s board of directors. Deuel will work closely with Mr. McDonald during the transition. McDonald also currently serves as a director on the Washington Bankers Association Board and as a member of the American Bankers Association Government Relations Council.