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Bridgewater Bancshares, Inc. appoints Joe Chybowski as President, reaffirming commitment to growth and innovation. Joe, previously CFO, will work closely with the CEO in leading the company towards new horizons. The press release also highlights strategic leadership transitions to strengthen the organization's structure.
Bridgewater Bancshares, Inc. nomina Joe Chybowski Presidente, riaffermando l'impegno verso la crescita e l'innovazione. Joe, precedentemente CFO, collaborerà strettamente con il CEO per guidare l'azienda verso nuovi orizzonti. Il comunicato stampa evidenzia inoltre delle transizioni di leadership strategiche per rafforzare la struttura organizzativa.
Bridgewater Bancshares, Inc. ha nombrado a Joe Chybowski como presidente, reafirmando su compromiso con el crecimiento y la innovación. Joe, anteriormente CFO, trabajará de cerca con el CEO para liderar la compañía hacia nuevos horizontes. El comunicado de prensa también destaca transiciones estratégicas en el liderazgo para fortalecer la estructura de la organización.
Bridgewater Bancshares, Inc.가 조 치보우스키를 대표로 임명하며 성장과 혁신에 대한 약속을 재확인했습니다. 이전에 CFO였던 조는 새로운 지평을 향해 회사를 이끌기 위해 CEO와 긴밀히 협력할 것입니다. 보도자료는 또한 조직 구조를 강화하기 위한 전략적 리더십 전환을 강조합니다.
Bridgewater Bancshares, Inc. nomme Joe Chybowski Président, réaffirmant son engagement envers la croissance et l'innovation. Joe, précédemment CFO, travaillera étroitement avec le CEO pour conduire l'entreprise vers de nouveaux horizons. Le communiqué de presse souligne également des transitions de leadership stratégiques pour renforcer la structure de l'organisation.
Bridgewater Bancshares, Inc. ernennt Joe Chybowski zum Präsidenten, was das Engagement für Wachstum und Innovation bekräftigt. Joe, zuvor CFO, wird eng mit dem CEO zusammenarbeiten, um das Unternehmen zu neuen Horizonten zu führen. Die Pressemitteilung hebt auch strategische Führungsübergänge hervor, um die Organisationsstruktur zu stärken.
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Joe Chybowski appointed as President to drive growth and innovation
Strategic leadership transitions to fortify organizational structure
Joe's track record of success and financial growth showcased
Mary Jayne Crocker and Laura Espeseth appointed to key strategic roles for long-term planning
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ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--
Bridgewater Bancshares, Inc. (Nasdaq: BWB), the parent company of Bridgewater Bank, today announced a significant milestone with the appointment of Joe Chybowski as President, effective April 26th, 2024. This strategic move, alongside pivotal leadership transitions, reaffirms Bridgewater’s commitment to excellence and its vision for a dynamic future. Joe, currently serving as Chief Financial Officer, will take on the additional role of President, collaborating closely with Jerry Baack, the incumbent President & Chief Executive Officer, to chart a future characterized by strategic excellence and innovation. Jerry will retain his role as Chairman of the Board and CEO.
Joe Chybowski (Photo: Business Wire)
"Joe's exceptional leadership and strategic vision have been instrumental in Bridgewater’s success,” expressed Jerry Baack, Chairman and CEO. “I am thrilled to welcome him as President, and I look forward to our continued collaboration in guiding Bridgewater towards new horizons."
Joe's exemplary track record since joining Bridgewater in 2013 underscores his instrumental role in propelling Bridgewater from a $460 million bank to one of the nation’s top-performing institutions with assets of $4.7 billion. Throughout Joe’s tenure, he has significantly enhanced Bridgewater's financial standing through capital raises and strategic initiatives. His leadership spans corporate development, strategic operations, and business scalability initiatives. Joe also successfully guided Bridgewater through its IPO in 2018 and more recently has effectively managed Bridgewater through unique macroeconomic challenges in the banking industry. Joe's dedication to excellence and innovation has garnered recognition, including being honored with the esteemed "40 Under 40" award by the Minneapolis/St. Paul Business Journal in 2024.
In his new dual capacity, Joe will continue to ensure the integrity of Bridgewater's financial strategies while driving initiatives that foster innovation and expansion. This expanded role empowers Joe to exercise progressive influence across all facets of the organization, including contributing to strategic decision-making and corporate governance that drives Bridgewater towards its overarching goals.
In conjunction with Joe's appointment, Bridgewater announced additional strategic role transitions to fortify its leadership structure:
Mary Jayne Crocker has been appointed to the role of Executive Vice President and Chief Strategy Officer, previously serving as Executive Vice President and Chief Operating Officer. In this capacity, Mary Jayne will drive the shaping of long-term strategic plans and ensure alignment with Bridgewater’s objectives. Her expertise will be instrumental in crafting strategies that keep Bridgewater ahead of the curve and maintain its competitive edge in the market. Mary Jayne is a seasoned Twin Cities’ banking leader with over 30 years’ experience.
"Mary Jayne stands as one of the most esteemed banking executives in the Twin Cities," said Joe. "As Bridgewater’s inaugural employee in 2005, her strong familiarity with every facet of our operations is unparalleled. With her exceptional expertise now in this pivotal role, we are poised for continued innovation and primed to excel in an ever-evolving market."
Laura Espeseth, previously Senior Vice President Controller, steps into the role of Chief Accounting Officer, where she will be responsible for all accounting operations, ensuring the integrity of financial reporting, and compliance with regulatory requirements. In this capacity, Laura will play a key role in shaping Bridgewater’s financial strategy and ensuring its long-term financial health.
"Laura is a seasoned financial leader with a keen eye for detail and unmatched dedication,” said Joe. “Her passion and strategic vision will help champion our collective vision for success. I eagerly anticipate her impact in this role.”
These leadership changes demonstrate Bridgewater's commitment to developing talent from within, ensuring continuity and stability while injecting innovative perspectives to support ongoing success. With a focus on innovation, strategic planning and providing clients with continual best-in-class service, Bridgewater is well-equipped to adapt to changing markets and best support its clients, investors, and employees.
About Bridgewater
Bridgewater Bancshares, Inc. is a St. Louis Park, Minnesota-based financial holding company. Bridgewater’s banking subsidiary, Bridgewater Bank, is a premier, full-service Twin Cities bank dedicated to serving the diverse needs of commercial real estate investors, entrepreneurs, business clients and successful individuals. By pairing a range of deposit, lending and business services solutions with a responsive service model, Bridgewater has seen continuous growth and profitability. With total assets of $4.7 billion and seven branches as of March 31st, 2024, Bridgewater is considered one of the largest locally led banks in the State of Minnesota, and has received numerous awards for its growth, banking services and esteemed corporate culture.
Who has been appointed as President of Bridgewater Bancshares, Inc.?
Joe Chybowski has been appointed as President of Bridgewater Bancshares, Inc., effective April 26th, 2024.
What role will Mary Jayne Crocker play in the company?
Mary Jayne Crocker has been appointed as Executive Vice President and Chief Strategy Officer to drive long-term strategic plans and ensure alignment with company objectives.
What is Laura Espeseth's new role in the company?
Laura Espeseth has stepped into the role of Chief Accounting Officer, responsible for all accounting operations and ensuring financial reporting integrity and regulatory compliance.
What is Bridgewater Bancshares, Inc.'s total assets as of March 31st, 2024?
Bridgewater Bancshares, Inc. has total assets of $4.7 billion as of March 31st, 2024.
What is the focus of Bridgewater Bancshares, Inc. moving forward?
Bridgewater Bancshares, Inc. is focusing on innovation, strategic planning, and providing best-in-class service to clients, investors, and employees.
