DeWyngaert Will Retire as EVP, Chief Lending Officer at Bankwell

NEW CANAAN, Conn.–(BUSINESS WIRE)–Heidi DeWyngaert will retire from her role as EVP, Chief Lending Officer
at Bankwell, a job she has held for the last fifteen years. DeWyngaert’s
retirement was announced by Chris Gruseke, CEO at Bankwell’s annual
Shareholder Meeting today. She will remain with the bank through year
end and will help coordinate an effective transition as Bankwell begins
a search for an addition to its executive team.

With more than forty years of commercial real estate and commercial
banking experience, DeWyngaert managed the company’s loan portfolio
since the bank’s early days as The Bank of New Canaan. She was chief
architect of the plan to move the Bank away from its roots as a
traditional small town residential lender and to develop strategies to
expand the bank’s commercial banking capabilities. Joining the Bank in
2004 with a balance sheet of only $70 million, she oversaw a
transformation which resulted in a loan portfolio totaling nearly $1.6
billion today.

Notes Gruseke, “Heidi has made invaluable contributions during her
tenure at Bankwell and has been instrumental in the bank’s evolution and
growth. Her collaborative process and relentless focus on credit quality
will be hallmarks of Bankwell’s culture for many years to come. On
behalf of the employees, directors, and shareholders of the Bank, we
congratulate Heidi for a job well done and thank her for all her
contributions to our company.”

DeWyngaert received her undergraduate degree from the University of
Rochester and her MBA from American University. In addition to her
banking career, Heidi has been very active in professional, civic and
community organizations. She is currently on the Board of the
Connecticut Housing Finance Authority. She was previously President of
the Real Estate Association for Fairfield County and served on the Board
of Directors of that organization as well as the Greater Norwalk Chamber
of Commerce and The Housing Development Fund in Stamford.

DeWyngaert resides in Norwalk, CT with her husband.

Following her tenure at Bankwell, DeWyngaert plans to enjoy her
retirement, and to serve on several boards.

Bankwell is a community bank that serves the banking and lending needs
of residents and businesses throughout Fairfield and New Haven counties.
More about Bankwell can be found at www.mybankwell.com.

Contacts

Laura Waitz at (203) 652-2940

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