Waterstone Financial Announces Director Retirement
Waterstone Financial (WSBF) has announced the retirement of Director Michael Hansen, who has served on the company's board since 2003. Hansen currently chairs the Audit Committee and serves on both the Board Executive Committee and Nominating and Corporate Governance Committee.
Hansen will continue in his current roles during a transition period until a successor is elected to the Board of Directors. During this transition, he plans to sell company shares as part of his retirement and estate planning strategy.
Board Chairman Patrick Lawton acknowledged Hansen's 22 years of service, highlighting his leadership and vital contributions to the company, particularly in his role leading the Audit Committee.
Waterstone Financial (WSBF) ha annunciato il pensionamento del Direttore Michael Hansen, membro del consiglio dal 2003. Hansen è attualmente presidente del Comitato di Revisione e fa parte sia del Comitato Esecutivo del Consiglio sia del Comitato per la Nomina e la Governance Aziendale.
Hansen continuerà a ricoprire i suoi incarichi durante un periodo di transizione, fino all’elezione del suo successore nel Consiglio di Amministrazione. Durante questa fase, prevede di vendere le azioni della società come parte della sua strategia di pensionamento e pianificazione patrimoniale.
Il Presidente del Consiglio, Patrick Lawton, ha riconosciuto i 22 anni di servizio di Hansen, sottolineando la sua leadership e il contributo fondamentale all’azienda, in particolare nel suo ruolo di guida del Comitato di Revisione.
Waterstone Financial (WSBF) ha anunciado la jubilación del Director Michael Hansen, quien ha formado parte del consejo desde 2003. Hansen preside actualmente el Comité de Auditoría y forma parte tanto del Comité Ejecutivo del Consejo como del Comité de Nominaciones y Gobernanza Corporativa.
Hansen continuará en sus funciones durante un período de transición hasta que se elija a su sucesor en el Consejo de Administración. Durante esta transición, planea vender acciones de la compañía como parte de su estrategia de jubilación y planificación patrimonial.
El Presidente del Consejo, Patrick Lawton, reconoció los 22 años de servicio de Hansen, destacando su liderazgo y contribuciones esenciales a la empresa, especialmente en su rol al frente del Comité de Auditoría.
워터스톤 파이낸셜 (WSBF)은 2003년부터 이사회에서 활동해 온 이사 마이클 한센의 은퇴를 발표했습니다. 한센은 현재 감사위원회 의장을 맡고 있으며, 이사회 집행위원회와 지명 및 기업지배구조위원회에도 참여하고 있습니다.
한센은 후임 이사가 선임될 때까지 전환 기간 동안 현재 역할을 계속 수행할 예정입니다. 이 기간 동안 그는 은퇴 및 자산 계획 전략의 일환으로 회사 주식을 매각할 계획입니다.
이사회 의장 패트릭 로튼은 한센의 22년간의 헌신을 인정하며, 특히 감사위원회 의장으로서의 리더십과 회사에 대한 중요한 기여를 강조했습니다.
Waterstone Financial (WSBF) a annoncé la retraite du directeur Michael Hansen, membre du conseil d'administration depuis 2003. Hansen préside actuellement le comité d'audit et siège au comité exécutif du conseil ainsi qu'au comité de nomination et de gouvernance d'entreprise.
Hansen continuera d'exercer ses fonctions pendant une période de transition, jusqu'à ce qu'un successeur soit élu au conseil d'administration. Durant cette transition, il prévoit de vendre des actions de la société dans le cadre de sa stratégie de retraite et de planification successorale.
Le président du conseil, Patrick Lawton, a salué les 22 années de service de Hansen, soulignant son leadership et ses contributions essentielles à l'entreprise, notamment dans son rôle de président du comité d'audit.
Waterstone Financial (WSBF) hat den Rücktritt des Direktors Michael Hansen bekannt gegeben, der seit 2003 im Vorstand des Unternehmens tätig ist. Hansen ist derzeit Vorsitzender des Prüfungsausschusses und Mitglied sowohl des Vorstandsausschusses als auch des Nominierungs- und Corporate-Governance-Ausschusses.
Hansen wird seine aktuellen Aufgaben während einer Übergangszeit weiterführen, bis ein Nachfolger im Vorstand gewählt wird. Während dieser Übergangszeit plant er, Unternehmensanteile im Rahmen seiner Altersvorsorge- und Nachlassplanung zu verkaufen.
Der Vorstandsvorsitzende Patrick Lawton würdigte Hansens 22-jährige Dienstzeit und hob seine Führungsqualitäten sowie seine wesentlichen Beiträge zum Unternehmen hervor, insbesondere in seiner Rolle als Vorsitzender des Prüfungsausschusses.
- None.
- None.
WAUWATOSA, Wis., April 17, 2025 (GLOBE NEWSWIRE) -- Waterstone Financial, Inc. (the “Company”), announced today that Michael Hansen has decided to retire as a Director of the Company and its wholly-owned subsidiary WaterStone Bank SSB.
Mr. Hansen has been a director of the Company since 2003. Mr. Hansen serves as a member and the chair of the Company’s Audit Committee and as a member of the Company’s Board Executive Committee and Nominating and Corporate Governance Committee. Mr. Hansen will remain a Director of the Company and WaterStone Bank, and continue to serve as chair of the Audit Committee and as a member of the Board Executive Committee and Nominating and Corporate Governance Committee until a successor has been elected to the Company’s Board of Directors.
During this period of transition, Mr. Hansen will be selling shares of Company stock as part of his broader retirement and estate planning objectives.
“I thank Mike for his 22 years of service and valued leadership for our company,” said Patrick Lawton, Chairman of the Company. “Mike has been vital member of our board and a strong leader of the Audit Committee and we are grateful for Mike’s commitment to continue to serve the Company as we work to identify a successor.”
About Waterstone Financial, Inc:
Waterstone Financial, Inc. is the savings and loan holding company for WaterStone Bank, a community-focused financial institution established in 1921. WaterStone Bank offers a comprehensive suite of personal and business banking products and operates 14 branch locations across southeastern Wisconsin. WaterStone Bank is also the parent company of WaterStone Mortgage Corporation, a national lender licensed in 48 states.
With a long-standing commitment to innovation, integrity, and community service, Waterstone Financial, Inc. supports the financial and homeownership goals of customers nationwide.
For more information about WaterStone Bank, visit wsbonline.com.
Contact:
Mark R. Gerke
Chief Financial Officer
414.459.4012
markgerke@wsbonline.com
FAQ
When is Michael Hansen retiring from Waterstone Financial's board?
What positions did Michael Hansen hold at Waterstone Financial (WSBF)?
How long did Michael Hansen serve on Waterstone Financial's board?
Will Michael Hansen's retirement affect WSBF stock?
Who will replace Michael Hansen on Waterstone Financial's board?
