President and Chief Executive Officer of Heritage Financial Corporation and Heritage Bank · Heritage Financial Corp (HFWA)

Bryan McDonald

A named executive officer of Heritage Financial in every fiscal year CompBrief holds from FY2016 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2025

$1,345,480

FY2024: $1,001,084

1st of 6 named executive officers at Heritage Financial by FY2025 total.

6 named officers on file for Heritage Financial, FY2025

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What this number hides

The filing gives the total. Heritage Financial’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

Compensation figures as of the proxy filed March 20, 2026 (DEF 14A).

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Bryan McDonald compensation by year

Heritage Financial Summary Compensation Table · all 10 fiscal years held
In US dollars, as Heritage Financial reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Salary$270,424$279,734$333,250$370,760$385,020$396,571$414,243$436,128$493,446$610,616
Bonus$41,667$9,210$0$0$0$0$0$0$0$0
Stock awards$57,310$82,692$92,999$124,759$132,898$132,777$147,132$181,754$202,236$256,632
Option awards$0$0$0$0$0$0$0$0$0$0
Non-equity incentive$80,438$104,845$135,071$128,517$126,287$235,299$208,107$160,931$208,728$356,852
Pension and deferred compensation$1,003$1,170$813$2,954$4,192$4,308$7,141$6,948$1,017$9,259
All other$94,061$73,477$94,361$120,952$79,839$57,332$159,211$163,062$95,657$112,121
Total$544,903$551,128$656,494$747,942$728,236$826,287$935,834$948,823$1,001,084$1,345,480

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Heritage Financial Corp DEF 14A filed March 20, 2026, accession 0001628280-26-019987, and prior-year filings. Open the filing on EDGAR.

How this page was built: the Heritage Financial Corp filed document, accession 0001628280-26-019987. Every figure is read from that document and cited to the page and table it appears in. Filed March 20, 2026.

$545K
$551K
$656K
$748K
$728K
$826K
$936K
$949K
$1.0M
$1.3M
FY16
FY17
FY18
FY19
FY20
FY21
FY22
FY23
FY24
FY25
SalaryBonusNon-equity incentiveStock awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
PSU5,599$132,416—
PSU5,232$123,737—
RSU5,231$123,713—
RSU3,733$88,285—
PSU3,345$79,109—
RSU1,115$26,370—

Per the Outstanding Equity Awards at Fiscal Year-End table in Heritage Financial Corp's FY2025 proxy; value at the fiscal year-end close, as the company printed it.

Heritage Financial’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Bryan McDonald · this pagePresident and Chief Executive Officer of Heritage Financial Corporation and Heritage Bank$1,345,480
Jeffrey DeuelRetired Chief Executive Officer of Heritage Financial Corporation$1,012,243
Donald HinsonExecutive Vice President and Chief Financial Officer of Heritage Financial Corporation and Heritage Bank$922,334
Tony ChalfantExecutive Vice President and Chief Credit Officer of Heritage Financial Corporation and Heritage Bank$796,409
Matthew RayExecutive Vice President and Chief Lending Officer of Heritage Financial Corporation and Heritage Bank$710,759
Nicholas BleyExecutive Vice President of Heritage Financial Corporation and Executive Vice President and Chief Operating Officer of Heritage Bank$616,201

Board service

Heritage Financial board · FY2025

How this board is paid

Company policy: Heritage Financial pays directors a $50,000 cash retainer and $50,016 in RSUs. As stated in Heritage Financial's FY2025 proxy.

Committees

Risk and Technology

The full Heritage Financial compensation record

free company brief

This page is one person within Heritage Financial's record. The company brief lists every named executive, each linking to their own page.

Compensation, the day it’s disclosed

The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order Heritage Financial's full Executive Compensation Report with peer benchmarking.

How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Heritage Financial's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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Bryan McDonald's compensation dossier