Jeffrey J. Deuel has been leading Heritage Financial Corp as CEO since July 2019, taking the reins after a significant career in the banking industry. With over 28 years of experience, he has held key positions in major banks, including...
Jeffrey J. Deuel has been leading Heritage Financial Corp as CEO since July 2019, taking the reins after a significant career in the banking industry. With over 28 years of experience, he has held key positions in major banks, including JPMorgan where he was Executive Vice President of Commercial Operations. His extensive background in finance gives him deep insights into the banking sector. During his time as CEO, Jeffrey has emphasized performance metrics like earnings per share and loan growth to drive company success. Under his leadership, the compensation philosophy at Heritage aligns closely with performance, ensuring that goals and rewards are directly connected. Interestingly, his total compensation in 2022 reached about $1.46 million, with a notable bonus reflecting the company's performance. This sharp approach to management and his hands-on experience play a crucial role in shaping Heritage's future, especially as he prepares for a transition where he will remain involved in a non-officer capacity post-2025.