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Waterstone Financial elects two new board members

July 9, 2025 4:01 PM EDT

Waterstone Financial, Inc. (NASDAQ: WSBF) announced the election of Molly Mulroy and Laura Piotrowski to serve on the boards of both WaterStone Bank and Waterstone Financial, effective July 22, 2025.

Mulroy serves as Executive Vice President and Chief Administrative Officer of WEC Energy Group, where she oversees Administrative Services, Facility Management, Human Resources, IT Services, Supply Chain, IT System Strategy, and Development. She joined WEC Energy Group in 1999 and has held leadership positions across multiple departments including Customer Service, Finance, and Regulatory Affairs.

Mulroy holds a bachelor's degree from the University of Minnesota and an MBA from the University of Chicago. She serves on the boards of Milwaukee Ballet, Milwaukee Women Inc., Milwaukee Tech Hub, and Next Door Foundation.

Piotrowski is Chief Executive Officer and President of Cavendish Vernal, a strategic advisory firm she founded in 2017. The firm provides strategic business planning, executive advising, succession planning, finance and human resource advising, executive coaching, and leadership development services.

Previously, Piotrowski served as Executive Vice President of The Benefit Companies and held senior finance roles including Chief Financial Officer of Stein's Garden & Home and Managing Director of Finance for Robert W. Baird & Co. She earned her bachelor's degree from the University of Wisconsin-Milwaukee and an Executive MBA from Marquette University.

Piotrowski is a Certified Public Accountant and SHRM Senior Certified Professional. She serves on the board of Ronald McDonald House Charities of Southeastern Wisconsin.

Waterstone Financial is the holding company for WaterStone Bank, which operates 14 branch locations across southeastern Wisconsin and serves as parent company of WaterStone Mortgage Corporation.



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