Northrim BanCorp promotes Huston to Bank President; Zins named COO

NORTHRIM BANCORP INC

Michael Huston named President & Chief Lending Officer of Northrim Bank effective March 26, 2022; base salary increased to $332,872.
Huston's new employment agreement includes annual SERP contribution of 15% of base salary; prior terms remain essentially same.
Amber Zins promoted to Executive Vice President & Chief Operating Officer of the Bank, replacing the late Michael Martin.
Joe Schierhorn steps down as Bank President but remains Chairman, CEO of both Bank and parent, plus COO of parent.

item 5.02 item 8.01 item 9.01

Executive movements

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Role change

Michael G. Huston

President and Chief Lending Officer

NRIM · NORTHRIM BANCORP INC

Effective: 2022-03-26
Filed: March 25, 2022, 7:59 PM ET

Mr. Huston's title has changed from Executive Vice President and Chief Lending Officer of the Bank to President and Chief Lending Officer of the Bank.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Michael G. Huston changed role as President and Chief Lending Officer at NORTHRIM BANCORP INC.

Action: promoted
Role: President and Chief Lending Officer

Exact text from the filing

Mr. Huston's title has changed from Executive Vice President and Chief Lending Officer of the Bank to President and Chief Lending Officer of the Bank.

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Source: SEC EDGAR

accession 0001163370-22-000012

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