HERITAGE FINANCIAL CORP (HFWA)
Sector: Financials
Named Executive Officers
Compensation data for top executives (showing up to 3 years of data)
| Executive | Year | Salary | Bonus | Stock Awards | Option Awards | Non-Equity Incentive Comp | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Bryan D. McDonald President and Chief Executive Officer of Heritage Financial Corporation and Heritage Bank | 2025 | $610,616 | $0 | $256,632 | $0 | $356,852 | $112,121 | $1,345,480 |
| 2024 | $493,446 | $0 | $202,236 | $0 | $208,728 | $95,657 | $1,001,084 | |
| 2023 | $436,128 | $0 | $181,754 | $0 | $160,931 | $163,062 | $948,823 |
| Executive | Year | Salary | Bonus | Stock Awards | Option Awards | Non-Equity Incentive Comp | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Jeffrey J. Deuel Retired Chief Executive Officer of Heritage Financial Corporation effective May 2025 | 2025 | $252,804 | $0 | $443,702 | $0 | $152,906 | $147,948 | $1,012,243 |
| 2024 | $721,721 | $0 | $424,302 | $0 | $339,209 | $143,309 | $1,630,201 | |
| 2023 | $686,306 | $0 | $381,365 | $0 | $281,386 | $249,212 | $1,609,640 |
| Executive | Year | Salary | Bonus | Stock Awards | Option Awards | Non-Equity Incentive Comp | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Donald J. Hinson Executive Vice President and Chief Financial Officer of Heritage Financial Corporation and Heritage Bank | 2025 | $439,446 | $0 | $173,188 | $0 | $212,635 | $86,571 | $922,334 |
| 2024 | $406,300 | $0 | $157,700 | $0 | $152,780 | $80,741 | $798,685 | |
| 2023 | $378,400 | $0 | $138,523 | $0 | $124,115 | $137,135 | $786,295 |
| Executive | Year | Salary | Bonus | Stock Awards | Option Awards | Non-Equity Incentive Comp | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Tony W. Chalfant Executive Vice President and Chief Credit Officer of Heritage Financial Corporation and Heritage Bank | 2025 | $370,572 | $0 | $146,036 | $0 | $184,688 | $91,805 | $796,409 |
| 2024 | $339,303 | $0 | $132,994 | $0 | $128,596 | $87,163 | $688,391 | |
| 2023 | $322,628 | $0 | $119,531 | $0 | $116,791 | $136,243 | $697,210 |
| Executive | Year | Salary | Bonus | Stock Awards | Option Awards | Non-Equity Incentive Comp | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Matthew T. Ray Executive Vice President and Chief Lending Officer of Heritage Financial Corporation and Heritage Bank | 2025 | $372,130 | $0 | $147,361 | $0 | $180,063 | $11,205 | $710,759 |
| 2023 | $301,515 | $0 | $206,189 | $0 | $86,535 | $10,670 | $604,909 |
| Executive | Year | Salary | Bonus | Stock Awards | Option Awards | Non-Equity Incentive Comp | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Nicholas M. Bley Executive Vice President of Heritage Financial Corporation and Executive Vice President and Chief Operating Officer of Heritage Bank | 2025 | $408,008 | $0 | $0 | $0 | $197,423 | $10,770 | $616,201 |
| 2024 | $71,233 | $300,000 | $350,019 | $0 | $0 | $2,000 | $723,252 |