Waterstone Financial Appoints New Board Members, Strengthening Leadership and Expertise

Waterstone Financial has announced the election of Molly Mulroy and Laura Piotrowski to its Board of Directors, effective July 22, 2025. Both Mulroy and Piotrowski bring significant experience and strategic leadership skills to the board. Mulroy is currently EVP and CAO of WEC Energy Group, while Piotrowski is CEO and President of Cavendish Vernal. They will help guide the organization and contribute to its mission and value.

Waterstone Financial, Inc. (NASDAQ: WSBF) has announced the election of Molly Mulroy and Laura Piotrowski to its Board of Directors, effective July 22, 2025. Both appointees bring extensive experience and strategic leadership skills to the board.

Molly Mulroy, currently Executive Vice President and Chief Administrative Officer of WEC Energy Group, will serve as a director of both WaterStone Bank and Waterstone Financial. She has overseen various departments at WEC Energy Group since 1999, including IT, Human Resources, and Supply Chain. Mulroy holds a bachelor’s degree from the University of Minnesota and an MBA from the University of Chicago. She is active in the Milwaukee community and currently serves on the boards of Milwaukee Ballet, Milwaukee Women, Inc., Milwaukee Tech Hub, and Next Door Foundation.

Laura Piotrowski, CEO and President of Cavendish Vernal, will also join the board. Piotrowski is a CPA and strategic advisor with previous roles as CFO of Stein's Garden & Home and Managing Director of Finance at 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 also a SHRM Senior Certified Professional (SHRM-SCP) and serves on the board of Ronald McDonald House Charities of Southeastern Wisconsin.

Pat Lawton, Chair of the Board, stated, “We are honored to have Molly and Laura join the Board of Directors of WaterStone Bank and Waterstone Financial and help guide our organization. Each brings a wealth of experience, proven strategic leadership skills, and a shared commitment to delivering value to our customers, employees, shareholders, and the communities we serve. We are excited to welcome their respective talents to the Waterstone family.”

Mulroy and Piotrowski’s appointments come at a time when Waterstone Financial is focusing on innovation, integrity, and community service, aligning with their mission to support the financial and homeownership goals of customers nationwide.

[1] https://www.stocktitan.net/news/WSBF/waterstone-financial-announces-election-of-new-board-26w6glt4bsox.html