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Leadership changes · NWBI · SEC Form 8-K, Item 5.02

Leadership changes at Northwest Bancshares, Inc. (2026)

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Who joined and who left Northwest Bancshares, Inc. (NWBI)? 1 filing reported on 2026-07-24, each cited to the company's own filing.

As of November 6, 2026, Northwest Bancshares, Inc. has reported one leadership change filing to the SEC under Item 5.02 of Form 8-K, on July 24, 2026 (Form 8-K, July 24, 2026).

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STATE STREET CORPORATION also filed stake reports on 343 other companies ↓

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Changes1
Latest filing2026-07-24

Northwest Bancshares, Inc. reported a change among its directors and officers to the SEC on Form 8-K, Item 5.02, on 2026-07-24. Every row below is cited to the filing it comes from, and this page adds each new change as Northwest Bancshares, Inc. files it.

Also on the record for Northwest Bancshares, Inc.

DateRecordFigureOur pageSource
August 7, 2026Stake report, Schedule 13G, by STATE STREET CORPORATION7.4% of the class5%+ stakesSource
April 30, 2026Stake report, Schedule 13G, by Vanguard Capital Management5.19% of the class5%+ stakesSource
April 29, 2026Stake report, Schedule 13G, by Vanguard Portfolio Management6.12% of the class5%+ stakesSource
March 27, 2026Stake report, Schedule 13G/A, by The Vanguard Group—5%+ stakesSource

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Timeline

FiledIn / outPersonRoleEffectiveSource
2026-07-24Reportednot named in the filing8-K, 2026-07-24
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Every change, in the filing's words

Filed 2026-07-24 · 8-K

Reported

The Original Award vests, contingent upon his continued employment with us, on the first day following fourth anniversary of the grant date and will be settled in two installments, with the first installment to be settled on the vesting date and the second installment to be settled on the six month anniversary of Mr. Torchio's termination of employment that follows the vesting date.

Also stated in this filing

  • Restricted Stock Unit Grant to Chief Executive Officer In 2024, our Compensation Committee undertook a review of compensation levels for our president and chief executive officer, Lou Torchio.
  • Mr. Torchio has been serving as our chief executive officer since August 2022 and has had a meaningful impact on transforming our business and operations and is expected to continue to do so.
  • Having reviewed Mr. Torchio's performance and compensation relative to our peers, our Compensation Committee believes that Mr. Torchio's performance has been excellent while he has historically been paid less than chief executive officers of other companies in our peer group.
  • Mr. Torchio will turn 65 in 2027, and thus our Compensation Committee desires to create a meaningful incentive for Mr. Torchio to continue to serve in his chief executive officer role past attaining normal retirement age.
  • In light of the foregoing, on November 20, 2024, the Compensation Committee and Board of Directors approved an award of restricted stock units to Mr. Torchio in an amount equal to $2,000,000 divided by the closing price of our shares on the date of grant (the "Original Award").

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Where this comes from

A public company must file a current report on Form 8-K with the SEC within four business days when a director leaves or is elected, or when its chief executive, chief financial, chief accounting or chief operating officer, or another named executive, departs or is appointed. That disclosure goes under Item 5.02 of the report.

Every change on this page is taken from one of those filings and quoted in the company's own words, with a link to the filing, so it can be checked at the source. Where a filing names the person, the role and the date a change takes effect, they are shown beside the quote. Where it does not, the quote stands on its own. A filing states what changed; it rarely states why, and neither does this page.

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Permanent URL: https://mentionfox.com/executive-changes/northwest-bancshares
Last updated 2026-11-06
Primary record: SEC filing 1 · SEC filing 2 · SEC filing 3 · SEC filing 4
What changed at the top of Northwest Bancshares, Inc.?. MentionFox, 2026-11-06. https://mentionfox.com/executive-changes/northwest-bancshares