---
schema_version: "secwatch.filing_event.v1"
accession: "0001163370-25-000032"
form_type: "8-K"
ticker: "NRIM"
cik: "0001163370"
company_name: "NORTHRIM BANCORP INC"
filed_at: "2025-08-25T23:59:59+00:00"
generated_at: "2026-05-17T10:08:52.914223+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001163370-25-000032
- form_type: 8-K
- ticker: NRIM
- cik: 0001163370
- company_name: NORTHRIM BANCORP INC
- filed_at: 2025-08-25T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1163370/000116337025000032/0001163370-25-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1163370/000116337025000032/nrim-20250822.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001163370-25-000032
- JSON: https://secwatch.observer/filing/0001163370-25-000032.json
- Plain text: https://secwatch.observer/filing/0001163370-25-000032.txt

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