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Northwest Bancshares, Inc. Promotes Seiffert to CEO

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Warren, PA – Northwest Bancshares, Inc. (NasdaqGS: NWBI) and Northwest Bank announced today that Ronald J. Seiffert has been named president and chief executive officer of both companies. Seiffert joined Northwest in November, 2017 as president and chief operating officer. In that capacity, he was responsible for overseeing the company’s administrative, financial, operational and revenue producing activities. He was also responsible for leading the update of the company’s strategic plan. In his expanded role, Seiffert will be responsible for all of the daily operations of both companies.

Seiffert succeeds William J. Wagner, who served as president of Northwest Bank from 1998 until 2017 and Northwest Bancshares, Inc. from 2003 until 2017. He has also served as chairman and CEO of both entities since 2003. Wagner is a 34-year veteran of Northwest and will continue in the capacity of executive chairman until the fourth quarter of this year, at which time he will retire from both the role of executive chairman and as a member of the Board of Directors.