NORWAY – Daniel Walsh was appointed Managing Director of Norway Savings Bank on January 1.
Walsh was named 17th President of Norway Savings in September 2020 when Patricia Weigel, then President and CEO of Norway, announced that she would be retiring on December 31. Weigel retained his position as CEO until his retirement. She will continue to chair the bank’s board of directors.
âDan has always shown tremendous leadership and support to Savings Bank of Norway employees, customers, our community and the culture of the bank,â said Weigel. âI am very excited about the future of the bank under Dan’s leadership. “
âI am honored to succeed Pat Weigel at the helm of this incredible team of people,â said Walsh. “She has been a great mentor to me and I look forward to working with her for many years to come as she continues to serve on our Board of Directors.”
A seasoned banker with over 35 years in the industry, including 24 with Norway Savings, Walsh is well known in the community and has participated in numerous bank mentoring programs, leadership groups and committees.
Prior to accepting the position of President, Dan led the sales team at Norway Savings Bank.
Along with the leadership transition, the bank launched the âPatricia Weigel Pay it Forward Awardâ to honor Weigel’s leadership, dedication to the community and distinguished career in banking. Each year, a donation of $ 10,000 will be given to a non-profit organization voted on by the bank’s employees. Eligible non-profit organizations are organizations in which employees of the Savings Bank of Norway have volunteered in the past year.
The 2021 recipient was the Maine Children’s Cancer Program, the pediatric oncology program at Barbara Bush Children’s Hospital at Maine Medical Center in Portland, where Market Director Kyle Hodgkins sits on the board.
âIt is a great honor for the bank to create this annual award on my behalf,â Weigel said. âOur employees made a fantastic choice when they voted for the Maine Children’s Cancer Program to receive the top prize. MCCP not only provides cancer treatment for hundreds of children, but also comprehensive support for their families.