ABA Banking Journal
No Result
View All Result
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive
SUBSCRIBE
ABA Banking Journal
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive
No Result
View All Result
No Result
View All Result
Home ABA Banking Journal

A life-changing experience reshapes a bank CEO’s approach to leadership

After narrowly surviving a deadly plane crash, Brent Beardall shares the takeaways that altered his approach to work and life.

June 21, 2024
Reading Time: 3 mins read
A life-changing experience reshapes a bank CEO’s approach to leadership

By Christopher Delporte

After narrowly surviving a deadly plane crash, WaFd Bank President and CEO Brent Beardall shares the takeaways that altered his approach to work, life and the value of personal connections.

“I am the luckiest human being alive, and I’m happy to have that debate with anyone here,” said Brent Beardall, president and CEO of Seattle-based WaFd Bank, kicking off his comments at ABA’s Emerging Leaders Forum. As Beardall began to share the story of how his worldview and leadership perspective had been reshaped by recent events in his life, it quickly became clear that few in the ballroom filled with emerging leaders likely would take him up on the offer to debate his claim at the outset.

On Jan. 2, 2023, Beardall and two other passengers boarded a private plane piloted by a bank client and friend. They took off from Provo, Utah, to attend the Rose Bowl football game in Pasadena, California. Shortly after takeoff — not much above 200 feet in the air — the small twin-engine jet banked hard left, its left wingtip tearing a gash in the runway, which slammed the plane into a patch of snow and ice, rolling 10 to 15 times.

Amazingly, the two passengers in the back of the plane walked away from the mangled wreckage. The pilot died on impact. Beardall, who was sitting in the copilot position on the right side of the flight deck, remained conscious albeit trapped in the twisted metal of the barely recognizable cockpit, which took the brunt of the impact. “My nose was essentially severed from my face. My right leg had a compound fracture, both bones sticking out of the leg,” he said. “My pelvic bone was destroyed. Both arms were embedded in the cockpit.”

An airport employee who had been plowing snow nearby unpinned Beardall and told him to sit still until help arrived. “But human nature takes over. I needed to survive,” Beardall said. “I unbuckled the five-point seatbelt myself, stood up somehow and jumped out of the wreckage.” Beardall was helped to the snow, where he lay face down. The man who had been running the snowplow later told Beardall, “We didn’t think there was anything we could do for you, and we wanted to let you pass in peace.”

For Beardall, that experience taught him a valuable lesson that he passed on to emerging leaders.

“Don’t let others define your destiny,” he said. “These were very well-meaning people with good intentions, but they thought I was done. If you apply for a job and you don’t get it, don’t let others define your destiny. You own it.”

Fifteen months later, after numerous operations, rounds of physical therapy and painful recovery, Beardall said it’s not the scars or pain that stand out from his harrowing experience. It’s a sense of gratitude — one that’s reshaped how he looks at life, his role as a banker and as a leader.

“I believe banking is a noble profession,” he said. “It’s about caring for your colleagues — being there when they’re not OK and letting them know it’s OK not to be OK. And as leaders, don’t pretend to be OK when you’re not. Reach out to people you trust. All too often in our society we pretend. That’s not the way it should be.”

One of his “greatest learnings” after the crash, Beardall said, has been to focus on finding connections with those around us. “Our differences are real, and we should celebrate them, but we should also find and focus on what we have in common. Sometimes that’s harder,” he said. “Finding those connections is transformational.

“I grew up believing that you do not intermix your professional life and your personal life. It’s a cardinal sin,” he added. “Guess what? I don’t care anymore. I tell people I love them. Life is too short not to tell the people who make a difference in your life that you care for them — that includes people you work with and clients.

“This life is about relationships. Break down barriers. Make yourself vulnerable. You will be blown away at what comes back to you.”

Listen to Beardall on the ABA Banking Journal Podcast.

Tags: Human resourcesLeadership
ShareTweetPin

Author

Christopher Delporte

Christopher Delporte

Christopher Delporte is a senior editor for the ABA Banking Journal and vice president of editorial strategy for member communications at the American Bankers Association.

Related Posts

The banker who could

The banker who could

Community Banking
October 26, 2026

Cathy Owen, ABA’s 2026-27 chair, brings quiet confidence to big challenges in advocacy, banking and civic life.

Rising risks from CEO and corporate activism 

Rising risks from CEO and corporate activism 

ABA Banking Journal
October 26, 2026

A review of new surveys on when CEOs and businesses speak up on controversial issues reveals that public support for corporate activism is slipping.

ABA's 2025 Emerging Leader Award winners on stage.

ABA announces 2026 Emerging Leader Awards winners

Community Banking
October 21, 2026

ABA announced the 2026 recipients of its annual Emerging Leader Awards, which recognize the next generation of bank leaders who are committed to the highest standards of achievement and service to both their industry and their local communities.

IRS issues guidance for ‘Trump Accounts’ for children

ABA offers recommendations for Trump account investment guidance

Human Resources
October 20, 2026

ABA recommended that Treasury make four changes to upcoming guidance to promote a workable and competitive trustee framework that also protects beneficiaries.

CPFB report claims health savings accounts have ‘hidden costs’

Make more HSA options available to federal employees, ABA council says

Human Resources
October 19, 2026

As the Office of Personnel Management considers possible changes to federal employee health benefits, it should create more opportunities for employees to select health savings account-qualified, high-deductible health plans, the ABA HSA Council said in a letter to...

Poll finds women increasingly concerned about financial health

Report: Investments make up majority of health savings account assets

Human Resources
October 13, 2026

Health savings accounts held nearly $192 billion across 42.6 million accounts as of June 30, with investments now making up the majority of HSA assets, HSA investment solution provider Devenir said in its midyear report.

NEWSBYTES

Treasury, IRS announce ‘Opportunity Zone’ designations

November 5, 2026

ABA survey: U.S. consumers are highly satisfied with digital banking channels

November 5, 2026

ABA, associations seek more time to comment on proposed SEC crypto custody rules

November 5, 2026

SPONSORED CONTENT

Banking Technology at a Strategic Crossroads

Banking Technology at a Strategic Crossroads

October 29, 2026
The Shift from Demographic Marketing

The Shift from Demographic Marketing

October 1, 2026
Meeting Ag Lending Goals Without Going It Alone

Meeting Ag Lending Goals Without Going It Alone

October 1, 2026
Beyond the Portfolio: The Wealth Manager’s New Role in a Multigenerational World

Beyond the Portfolio: The Wealth Manager’s New Role in a Multigenerational World

September 17, 2026

PODCASTS

Podcast: Proactively managing the core provider relationship

October 22, 2026

Podcast: How community banks can keep farmers farming in turbulent times

October 14, 2026

Podcast: The birth of American money and how it triggered a revolution

October 8, 2026

American Bankers Association
1333 New Hampshire Ave NW
Washington, DC 20036
1-800-BANKERS (800-226-5377)
www.aba.com
About ABA
Privacy Policy
Contact ABA

ABA Banking Journal
About ABA Banking Journal
Media Kit
Advertising
Subscribe

© 2026 American Bankers Association. All rights reserved.

No Result
View All Result
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive

© 2026 American Bankers Association. All rights reserved.