NORWAY — Daniel Walsh became managing director of Norway Savings Bank on January 1.
Walsh was appointed as the 17th President of Norway Savings in September 2020 when Patricia Weigel announced that she would be retiring on December 31, 2021. Weigel retained her position as CEO until her retirement. She will continue to serve as chair of the bank’s 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 been involved in numerous mentorship programs, leadership groups and banking committees. Prior to accepting the position of Chairman, Walsh led the commercial team at Norway Savings Bank.
Along with the leadership transition, the bank launched the “Patricia Weigel Pay It Forward Award” 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 an association voted on by bank employees. Eligible non-profit organizations are organizations where Norway Savings Bank employees have volunteered in the previous year.
This year’s 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 serves on the board.