home · filing · 0000939057-23-000095
8-K filed April 3, 2023, 7:59 PM ET
ticker TSBK
CIK 0001046050
leadership
confidence high
sentiment neutral
materiality 0.40
Timberland Bancorp names Matthew DeBord CLO as Robert Drugge retires; board size increased
TIMBERLAND BANCORP INC
Robert Drugge retired as Chief Lending Officer of Timberland Bancorp and Timberland Bank effective March 31, 2023.
Matthew DeBord appointed as Chief Lending Officer and EVP effective April 1, 2023; he joined the company in 2012.
Drugge will join the Boards of Directors of both company and bank effective April 3, 2023.
Board size increased from 9 to 10 directors via bylaw amendment on March 28, 2023.
DeBord previously served as SVP and Commercial Bank Team Leader; began career as a bank regulator.
Executive movements
Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements .
Departed
Robert Drugge
Chief Lending Officer
TSBK ·
TIMBERLAND BANCORP INC
Effective 2023-03-31
Successor Matthew DeBord
Filed April 3, 2023, 7:59 PM ET
Robert Drugge retired from the Chief Lending Officer positions at both the Company and the Bank on March 31, 2023.
Appointed
Matthew DeBord
Chief Lending Officer
TSBK ·
TIMBERLAND BANCORP INC
Effective 2023-04-01
Filed April 3, 2023, 7:59 PM ET
Matthew DeBord , age 42, was appointed as the Chief Lending Officer and Executive Vice President of the Company and the Bank, effective April 1, 2023.
Appointed
Robert Drugge
Director
TSBK ·
TIMBERLAND BANCORP INC
Effective 2023-04-03
Filed April 3, 2023, 7:59 PM ET
Mr. Drugge will be appointed to the Boards of Directors of both the Company and Bank, effective April 3, 2023.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Robert Drugge retired as Chief Lending Officer at TIMBERLAND BANCORP INC.
Action retired
Role Chief Lending Officer
Exact text from the filing
Robert Drugge retired from the Chief Lending Officer positions at both the Company and the Bank on March 31, 2023.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Matthew DeBord was appointed as Chief Lending Officer at TIMBERLAND BANCORP INC.
Action appointed
Role Chief Lending Officer
Exact text from the filing
Matthew DeBord , age 42, was appointed as the Chief Lending Officer and Executive Vice President of the Company and the Bank, effective April 1, 2023.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Robert Drugge was appointed as Director at TIMBERLAND BANCORP INC.
Action appointed
Role Director
Exact text from the filing
Mr. Drugge will be appointed to the Boards of Directors of both the Company and Bank, effective April 3, 2023.
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
TIMBERLAND BANCORP INC: Increased number of directors from nine to ten (effective 2023-04-03).
Change bylaw amendment
Effective 2023-04-03
Exact text from the filing
On March 28, 2023, the Company’s Board of Directors amended the Company’s Bylaws by increasing the number of directors from nine (9) to ten (10), in connection with the addition of Mr. Drugge to the Board of Directors effective on April 3, 2023.
View on SEC.gov
Source: SEC EDGAR
accession 0000939057-23-000095
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