Heritage Bank Executive and Leadership Team

David Therit, the Chief Financial Officer at Heritage Bank, directs all corporate financial planning and analysis activities. Managing the balance sheet, the Chief Financial Officer ensures capital adequacy while supporting the expansion of commercial lending portfolios across the Pacific Northwest. This leadership role involves rigorous oversight of regulatory reporting and investor relations to maintain institutional stability. By optimizing liquidity management, David Therit directly impacts the long-term fiscal health of the organization. Therit coordinates with the board to align budgetary allocations with the strategic goals of the community banking model. Through precise risk assessment and capital allocation, the Chief Financial Officer secures the financial foundation necessary for sustained growth in competitive regional markets. This executive function remains vital for navigating complex economic cycles while providing consistent value to shareholders and clients alike.

Claudio Muzi, the Chief Financial Officer & Chief Operating Officer at Heritage Bank, architects the integration of financial strategy with internal operational logistics. Focusing on the agribusiness and commercial real estate loan sectors, the Chief Financial Officer & Chief Operating Officer ensures that credit risk management aligns with operational capacity. This leadership role involves overseeing the administrative functions that support complex lending products and SBA loan processing. By refining the intersection of fiscal policy and operational execution, Claudio Muzi directly enhances the efficiency of the bank's lending divisions. Muzi monitors performance metrics to ensure that resource allocation supports the bank's expansion into major metro areas. Through the synchronization of financial reporting and operational workflows, the Chief Financial Officer & Chief Operating Officer maintains high standards of institutional performance. This dual-focused leadership drives the bank's ability to serve diverse client needs effectively.

Harry Borgman, the Vice President & Chief Financial Officer at Heritage Bank, manages the financial reporting frameworks and internal audit functions. Overseeing the wealth management division, Heritage Wealth Strategies, the Vice President & Chief Financial Officer ensures that investment services align with the bank's overall risk appetite and regulatory requirements. This leadership role involves analyzing market trends to inform the bank's strategic positioning within the Pacific Northwest financial landscape. By maintaining rigorous oversight of financial controls, Harry Borgman directly supports the integrity of the bank's fiscal operations. Borgman coordinates with the executive team to evaluate the profitability of new service offerings and market expansion initiatives. Through the application of advanced financial modeling, the Vice President & Chief Financial Officer provides the data-driven insights necessary for informed decision-making. This role remains essential for upholding the bank's reputation for stability and excellence in community-focused financial services.

Nic Bley, the Executive Vice President & Chief Operating Officer at Heritage Bank, manages the daily operational infrastructure and branch network efficiency. Overseeing the delivery of personal and business banking services, the Executive Vice President & Chief Operating Officer drives process improvements across all full-service branches. This leadership role involves integrating digital banking platforms with physical commercial centers to enhance client accessibility throughout the Pacific Northwest. By streamlining merchant services and treasury management workflows, Nic Bley directly improves operational throughput and service quality. Bley collaborates with regional leadership to ensure consistent execution of the bank's service standards. Through the implementation of scalable technology solutions, the Executive Vice President & Chief Operating Officer optimizes internal productivity. This operational focus supports the broader mission of providing reliable financial services to individuals, businesses, and nonprofits within the regional footprint.