Bridgewater Bancshares, Inc. Elevates Joe Chybowski to President, Announces Strategic Leadership Transitions to Propel Future Growth

Bridgewater Bancshares, Inc. (Nasdaq: BWB), the parent company of Bridgewater Bank, today announced a significant milestone with the appointment of Joe Chybowski as President, effective April 26^th, 2024. This strategic move, alongside pivotal leadership transitions, reaffirms Bridgewater’s commitment to excellence and its vision for a dynamic future. Joe, currently serving as Chief Financial Officer, will take on the additional role of President, collaborating closely with Jerry Baack, the incumbent President & Chief Executive Officer, to chart a future characterized by strategic excellence and innovation. Jerry will retain his role as Chairman of the Board and CEO.

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Joe Chybowski (Photo: Business Wire)

"Joe's exceptional leadership and strategic vision have been instrumental in Bridgewater’s success,” expressed Jerry Baack, Chairman and CEO. “I am thrilled to welcome him as President, and I look forward to our continued collaboration in guiding Bridgewater towards new horizons."

Joe's exemplary track record since joining Bridgewater in 2013 underscores his instrumental role in propelling Bridgewater from a $460 million bank to one of the nation’s top-performing institutions with assets of $4.7 billion. Throughout Joe’s tenure, he has significantly enhanced Bridgewater's financial standing through capital raises and strategic initiatives. His leadership spans corporate development, strategic operations, and business scalability initiatives. Joe also successfully guided Bridgewater through its IPO in 2018 and more recently has effectively managed Bridgewater through unique macroeconomic challenges in the banking industry. Joe's dedication to excellence and innovation has garnered recognition, including being honored with the esteemed "40 Under 40" award by the Minneapolis/St. Paul Business Journal in 2024.

In his new dual capacity, Joe will continue to ensure the integrity of Bridgewater's financial strategies while driving initiatives that foster innovation and expansion. This expanded role empowers Joe to exercise progressive influence across all facets of the organization, including contributing to strategic decision-making and corporate governance that drives Bridgewater towards its overarching goals.