Donald Michael Westermann net worth and biography

Donald Westermann Biography and Net Worth

Executive Vice President, Chief Information Officer of Eastern Bankshares

Donald M. Westermann is an Executive Vice President and the Chief Information Officer at Eastern Bank. He joined Eastern in 2007. Currently, he leads the Technology, Operations, Product and Eastern Labs Teams, and is responsible for all aspects of the technology, operations and innovation strategy for Eastern, including digital, cyber-security, innovation, software engineering, data management, and delivery. Prior to joining Eastern, Mr. Westermann served as a Senior Manager with Grant Thornton and before that served as a consultant with Arthur Andersen, in each case in positions focused on technology and management information systems. Mr. Westermann earned a B.S. in Business Administration and Management Information Systems from Villanova University and an M.B.A. from the Sloan School of Management of the Massachusetts Institute of Technology.

What is Donald Michael Westermann's net worth?: The estimated net worth of Donald Michael Westermann is at least $427.42 thousand as of January 28th, 2026. Mr. Westermann owns 20,860 shares of Eastern Bankshares stock worth more than $427,421 as of February 1st. This net worth approximation does not reflect any other investments that Mr. Westermann may own. Additionally, Mr. Westermann receives a salary of $723,050.00 as Executive Vice President, Chief Information Officer at Eastern Bankshares. Learn More about Donald Michael Westermann's net worth.
How old is Donald Michael Westermann?: Mr. Westermann is currently 46 years old. There are 5 older executives and no younger executives at Eastern Bankshares. The oldest executive at Eastern Bankshares is Mr. James B. Fitzgerald, CFO, Chief Administrative Officer & Treasurer, who is 66 years old. Learn More on Donald Michael Westermann's age.
What is Donald Michael Westermann's salary?: As the Executive Vice President, Chief Information Officer of Eastern Bankshares, Inc., Mr. Westermann earns $723,050.00 per year. There are 4 executives that earn more than Mr. Westermann. The highest earning executive at Eastern Bankshares is Mr. Robert F. Rivers, Chairman & CEO, who commands a salary of $2,230,000.00 per year. Learn More on Donald Michael Westermann's salary.
How do I contact Donald Michael Westermann?: The corporate mailing address for Mr. Westermann and other Eastern Bankshares executives is , , . Eastern Bankshares can also be reached via phone at 800-327-8376 and via email at [email protected]. Learn More on Donald Michael Westermann's contact information.
Has Donald Michael Westermann been buying or selling shares of Eastern Bankshares?: During the last ninety days, Donald Michael Westermann has sold $427,458.16 in Eastern Bankshares stock. Most recently, Donald Michael Westermann sold 21,256 shares of the business's stock in a transaction on Wednesday, January 28th. The shares were sold at an average price of $20.11, for a transaction totalling $427,458.16. Following the completion of the sale, the insider now directly owns 20,860 shares of the company's stock, valued at $419,494.60. Learn More on Donald Michael Westermann's trading history.
Who are Eastern Bankshares' active insiders?: Eastern Bankshares' insider roster includes Luis Borgen (Director), Gregory Buscone (EVP, Chief Commercial Banking Officer), Joseph Casey (Director), Bari Harlam (Director), Deborah Jackson (Lead Director, Eastern Bank), Quincy Miller (President and COO, Eastern Bankshares, Inc. and Vice Chair, President and COO, Eastern Bank), Robert Rivers (Insider), R Rosato (CFO), Greg Shell, Sr. (Director), Nancy Stager (President & Chief Executive Officer, Eastern Bank Foundation), and Donald Westermann (Executive Vice President, Chief Information Officer). Learn More on Eastern Bankshares' active insiders.
Are insiders buying or selling shares of Eastern Bankshares?: During the last twelve months, Eastern Bankshares insiders bought shares 4 times. They purchased a total of 83,706 shares worth more than $1,419,261.42. During the last twelve months, insiders at the sold shares 4 times. They sold a total of 348,723 shares worth more than $6,643,235.73. The most recent insider tranaction occured on January, 28th when insider Donald Michael Westermann sold 21,256 shares worth more than $427,458.16. Insiders at Eastern Bankshares own 1.1% of the company. Learn More about insider trades at Eastern Bankshares.
Information on this page was last updated on 1/28/2026.

Donald Michael Westermann Insider Trading History at Eastern Bankshares

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
1/28/2026	Sell	21,256	$20.11	$427,458.16	20,860

Donald Michael Westermann Buying and Selling Activity at Eastern Bankshares

Eastern Bankshares Company Overview

Eastern Bankshares, Inc. operates as the bank holding company for Eastern Bank that provides banking products and services primarily to retail, commercial, and small business customers. The company provides deposit accounts, interest checking accounts, money market accounts, savings accounts, and time certificates of deposit accounts. It also offers commercial and industrial, commercial real estate and construction, small business, residential real estate, and home equity loans; lines of credit; and other consumer loans comprising unsecured personal lines of credit, overdraft protection, automobile loans, home improvement loans, airplane loans, and other personal loans. In addition, the company provides trust, financial planning and portfolio management, automated lock box collection, cash management, and account reconciliation services; personal, business, and employee benefits insurance products. Eastern Bankshares, Inc. was founded in 1818 and is headquartered in Boston, Massachusetts.

Today's Range

Now: $20.49

$20.12

$20.56

50 Day Range

MA: $19.24

$18.31

$20.49

2 Week Range

Now: $20.49

$13.51

$20.89

Volume

2,428,755 shs

Average Volume

1,868,468 shs

Market Capitalization

$4.32 billion

P/E Ratio

49.98

Dividend Yield

2.55%

Beta

0.81

Donald Westermann Biography and Net Worth

What is Donald Michael Westermann's net worth?

How old is Donald Michael Westermann?

What is Donald Michael Westermann's salary?

How do I contact Donald Michael Westermann?

Has Donald Michael Westermann been buying or selling shares of Eastern Bankshares?

Who are Eastern Bankshares' active insiders?

Are insiders buying or selling shares of Eastern Bankshares?