---
schema_version: "secwatch.filing_event.v1"
accession: "0000939057-23-000025"
form_type: "8-K"
ticker: "TSBK"
cik: "0001046050"
company_name: "TIMBERLAND BANCORP INC"
filed_at: "2023-02-01T23:59:59+00:00"
generated_at: "2026-06-20T03:22:46.261148+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Timberland Bancorp CEO Michael Sand retires; Dean Brydon named successor effective Feb 1

## Summary
- Dean J. Brydon appointed CEO of Company and Bank effective Feb 1; he was previously President and CFO.
- Jonathan A. Fischer promoted to President and COO; Marci A. Basich appointed CFO.
- Pamela L. Nygaard promoted to Treasurer; all internal moves effective Feb 1.
- Board size increased from 8 to 9 to accommodate Brydon's directorship; bylaws amended.

## SEC filing metadata
- accession: 0000939057-23-000025
- form_type: 8-K
- ticker: TSBK
- cik: 0001046050
- company_name: TIMBERLAND BANCORP INC
- filed_at: 2023-02-01T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1046050/000093905723000025/0000939057-23-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1046050/000093905723000025/timb8k13123.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000939057-23-000025
- JSON: https://secwatch.observer/filing/0000939057-23-000025.json
- Plain text: https://secwatch.observer/filing/0000939057-23-000025.txt

## Key facts
- Executive change
  Dean J. Brydon was appointed as Director at TIMBERLAND BANCORP INC.
  - Action: appointed
  - Role: Director
  source text: Mr. Brydon will also be appointed to the Boards of Directors of both the Company and Bank.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1046050/000093905723000025/0000939057-23-000025-index.htm
- Executive change
  Dean J. Brydon was appointed as Chief Executive Officer at TIMBERLAND BANCORP INC.
  - Action: appointed
  - Role: Chief Executive Officer
  source text: Dean J. Brydon, age 56, was appointed as the Chief Executive Officer of the Company and the Bank, effective February 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1046050/000093905723000025/0000939057-23-000025-index.htm
- Executive change
  Jonathan A. Fischer changed role as President and Chief Operating Officer at TIMBERLAND BANCORP INC.
  - Action: promoted
  - Role: President and Chief Operating Officer
  source text: Jonathan A. Fischer, age 49, who has been affiliated with the Bank since October 1997 and has served as Chief Operating Officer of the Company and the Bank since August 2012, was promoted to President and Chief Operating Officer of the Company and the Bank, effective February 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1046050/000093905723000025/0000939057-23-000025-index.htm
- Executive change
  Pamela L. Nygaard changed role as Treasurer at TIMBERLAND BANCORP INC.
  - Action: promoted
  - Role: Treasurer
  source text: Pamela L. Nygaard, age 64, was promoted to Treasurer of the Company and the Bank.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1046050/000093905723000025/0000939057-23-000025-index.htm
- Executive change
  Marci A. Basich was appointed as Chief Financial Officer at TIMBERLAND BANCORP INC.
  - Action: appointed
  - Role: Chief Financial Officer
  source text: Marci A. Basich, age 54, who has been affiliated with the Bank since 1999 and has served as Treasurer of the Company and the Bank since August 2001, was appointed as the Chief Financial Officer of the Company and the Bank, effective February 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1046050/000093905723000025/0000939057-23-000025-index.htm
- Executive change
  Michael R. Sand retired as Chief Executive Officer at TIMBERLAND BANCORP INC.
  - Action: retired
  - Role: Chief Executive Officer
  source text: Michael R. Sand retired from the Chief Executive Officer positions at the Company and the Bank on January 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1046050/000093905723000025/0000939057-23-000025-index.htm
- Governance Changes
  TIMBERLAND BANCORP INC: Bylaws amended to increase number of directors from eight to nine (effective 2023-02-01).
  - Change: bylaw amendment
  - Effective: 2023-02-01
  source text: On February 1, 2023, the Company’s Board of Directors amended the Company’s Bylaws by increasing the number of directors from eight (8) to nine (9), in connection with the addition of Mr. Brydon to the Board of Directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1046050/000093905723000025/0000939057-23-000025-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.