Norway Savings Bank Selects Andrew Goodwin as Chief Information Officer

Due to the planned retirement of the bank’s Senior Vice President, Chief Technology Officer, S&W was retained by its longtime client Norway Savings Bank (“NSB,” to manage the search and selection process for its Chief Information Officer (“CIO”).

Established in 1866, NSB is a model of the modern mutual community bank.  For 157 years the bank has been serving customers across the state of Maine, and with over 320 full-time employees, 24 branch locations, and $1.7B in total bank assets has grown to become the 7th largest bank headquartered in the state.  While much of the bank’s growth has been organic and the result of steady and prudent balance sheet management, NSB also acquired Portland, Maine-based Coastal Bank in 2001.  The bank is in excellent financial condition, is a fantastic corporate citizen, and is regularly recognized for its award-winning culture.  Despite the bank’s current strengths, the planned retirement of its Chief Technology Officer created an opportunity for the bank to bring in a seasoned technology executive to help lead the organization into the next chapter of its rich history, and as such selected S&W to identify this key executive. The S&W search team consisted of Nathan Townsend, Partner, and Cameron Boyd, Managing Partner. 

Said Boyd:  “In our early discussions with Dan and the executive leadership team at Norway, and in every subsequent conversation, it was abundantly clear how important this hire was.  For so long the bank has differentiated itself based on service and a deep orientation to do right by its customers.  As we’re pulled further into the digital age, banks like Norway need to navigate evolving customer behaviors and expectations.  The bank needed a proven leader and technologist to complement the talents of the executive team.”

Following an exhaustive search of technology leaders both at financial institutions as well as across industry verticals in Maine and beyond, NSB selected Andy Goodwin of Dixfield.  

A native ‘Mainer,’ Goodwin received his MF in Geographic Information Systems from University of Maine at Orono and BA in Business Administration from University of Maine at Farmington.  He has spent the past 20 years in technology roles of increasing scope and responsibility within the healthcare industry, notably serving as CIO for Georgia Hospital Association and Georgia-based Harbin Clinic, and as System VP, Technology & Information Security for Covenant Health in Tewksbury, Massachusetts. 

Said Townsend:  “Andy brings an impressive background of over 25 years of experience in running technology operations and innovation within the healthcare industry. With his extensive background in strategic planning, technology infrastructure management, and digital transformation, Andy will play a pivotal role in shaping the bank’s technology roadmap. His selection reflects Norway Savings Bank’s commitment to remaining at the forefront of technological advancements, leveraging advanced solutions to provide secure and convenient banking experiences for its customers.”