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Bankwell Appoints Brian Merritt as Chief Technology Officer

NEW CANAAN, Conn., March 20, 2025--Bankwell Financial Group, Inc. (NASDAQ: BWFG), the parent company of Bankwell Bank, has announced the appointment of Brian Merritt as Chief Technology Officer.

Bankwell Financial Group, Inc.March 20, 20251
Bankwell Appoints Brian Merritt as Chief Technology Officer

About this update from Bankwell Financial Group, Inc.

NEW CANAAN, Conn., March 20, 2025 --( BUSINESS WIRE )-- Bankwell Financial Group , Inc. (NASDAQ: BWFG), the parent company of Bankwell Bank, has announced the appointment of Brian Merritt as Chief Technology Officer. Mr. Merritt brings extensive experience in banking, fintech, and engineering leadership to Bankwell. Prior to joining the company, he served as SVP, Head of Product at Cross River and was previously CEO of Seed, an online business bank. He also held the role of VP of Engineering at Simple, where he helped scale the company from its early stages to over 100,000 customers. Christopher R. Gruseke, President and CEO of Bankwell, stated, "We are pleased to welcome Brian to the team. His deep expertise in banking technology, product development, and system architecture will be instrumental in advancing Bankwell’s digital capabilities. Brian’s leadership will help us enhance our technology infrastructure and deliver innovative solutions to our customers." Mr. Merritt expressed his enthusiasm for joining Bankwell, stating, "I’m excited to join a team committed to delivering exceptional banking experiences. I look forward to leveraging technology to support Bankwell’s growth and enhance the services we provide to our customers." About Bankwell Financial Group Bankwell Financial Group, Inc. is the holding company for Bankwell Bank ("Bankwell"), a full-service commercial bank headquartered in New Canaan, CT. Bankwell offers its customers unmatched accessibility, expertise, and responsiveness through a range of commercial financing products including working capital lines of credit, SBA loans, business acquisition loans, and commercial mortgages as well as treasury management and deposit services. More about Bankwell can be found at www.mybankwell.com . View source version on businesswire.com: https://www.businesswire.com/news/home/20250320316473/en/ Contacts Adam Moskowitz [email protected]

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Bankwell BankBrian MerrittBankwell Financial Group, Inc.MerrittBankwell Financial GroupChristopher R. Gruseke

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