Equitable Bank Appoints Chadwick Westlake as New CEO
Chadwick Westlake has been named the new CEO of Equitable Bank, returning to lead the bank after the unexpected passing of previous CEO Andrew Moor. Westlake, who previously served as the bank's CFO, is set to take over on August 25. His appointment follows a thorough succession planning process that was already in motion before Moor's death.
Equitable Bank has appointed Chadwick Westlake as its CEO, following the unexpected death of previous CEO Andrew Moor in June. Westlake, who previously served as the bank's CFO, will take on the role on August 25. He brings extensive experience, having been with the bank for over four years before briefly leaving to be CFO of Open Text Corp.
During his previous tenure at Equitable Bank, Westlake played a key role in the bank's growth and oversaw significant acquisitions. His return is seen as a positive move to stabilize the bank after recent upheaval. The board expressed confidence in his ability to lead the bank forward and continue its growth trajectory.
The appointment of Westlake marks a significant transition for EQ Bank, following Moor's 18-year leadership. The bank's shares were trading higher following the announcement, reflecting positive investor sentiment.
According to the source: The Globe and Mail.
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