WASHINGTON TRUST BANCORP INC (WASH)
Sector: Financials
Sector: Financials
WASHINGTON TRUST BANCORP INC - Executive Compensation
Senior Executive Vice President, Chief Financial Officer and Treasurer of the Corporation and Bank
Executive Compensation
Ronald S. Ohsberg serves as Senior Executive Vice President, Chief Financial Officer, and Treasurer of both Washington Trust Bancorp, Inc. and its principal subsidiary, The Washington Trust Company. In this pivotal role, he oversees all financial operations, including accounting, financial reporting, treasury management, investor relations, and strategic financial planning. With more than 35 years of experience in the banking and finance industry, Ohsberg has been instrumental in guiding Washington Trust through periods of growth, regulatory change, and economic uncertainty, ensuring the company's strong financial health and shareholder value. Ohsberg joined Washington Trust in 2004 after holding senior finance positions at FleetBoston Financial Corporation and Citizens Bank, where he managed corporate finance, treasury services, and risk management functions. A Rhode Island native, he earned a Bachelor of Science in Accounting from the University of Rhode Island and a Master of Business Administration from Bryant University. His expertise in financial strategy and compliance has positioned him as a key advisor to the board and executive team. Under Ohsberg's leadership, Washington Trust has achieved consistent profitability, expanded its asset base to over $8 billion, and maintained a robust capital position, earning accolades such as top ratings from regulatory agencies and industry analysts. He has spearheaded initiatives in digital banking transformation, sustainable lending practices, and mergers and acquisitions, contributing to the company's reputation as one of New England's most trusted community banks.