Waterstone Financial (WSBF) in Wauwatosa, Wis., disclosed that its chief financial officer is resigning.
The $1.6 billion-asset company said in a press release last week that Richard Larson will step down on Feb. 7. He has been a Waterstone for 23 years. The company said it expects to hire a new CFO in the next two weeks.
Larson "helped us successfully navigate our financial reporting through the completion of our conversion from mutual-to-stock form, and contributed to the financial soundness that we currently enjoy," Waterstone President and Chief Executive Doug Gordon said in the release. "We wish him well in his future endeavors."