Northrim BanCorp Chair Joseph Schierhorn to retire; CEO Mike Huston becomes Chairman Jan 1, 2026

NORTHRIM BANCORP INC

Joseph M. Schierhorn to retire as director and Chairman of Northrim BanCorp and Northrim Bank effective Dec 31, 2025.
President & CEO Michael G. Huston will assume Chairman duties for both the Company and Bank on Jan 1, 2026.
Retirement is not due to any disagreement with the Company or Bank on operations, policies, or practices.
Schierhorn was a charter employee of the Bank since 1990 and Chairman since 2018; inducted into Alaska Business Hall of Fame in 2025.
Huston has been with Northrim since 2017, serving as President since 2022 and CEO since 2024.

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