Northwest Bancshares has hired a president and COO to help manage its growing footprint.
Ronald Seiffert will join the Warren County-based company and its main subsidiary, Northwest Bank, in those roles on Nov. 13. He last served as chief executive of DCB Financial Corp. in Ohio, a $550 million-asset company that was acquired by another institution earlier this year.
Seiffert will be Northwest’s first COO since the late 1990s. Current Northwest Bancshares president and CEO Bill Wagner was the last person to hold the position, which went dark after Wagner took on the lead executive role at the company.
Northwest announced in July that it intended to bring back the COO role to handle the growing workload of the company’s executive team as it expands its footprint, in part through acquisitions. Northwest has roughly $9.5 billion in assets and more than 175 bank offices, including about a dozen in the midstate.
As president and COO, Seiffert will lead the company’s revenue and production division, as well as its technology, operations, finance and support division. Wagner will maintain his roles as chairman and CEO.