other material
confidence high
sentiment neutral
materiality 0.40
Northrim BanCorp enters new employment agreements with five executives; base salaries increased
NORTHRIM BANCORP INC
- CEO Huston salary raised to $630,000; receives 20% of base salary as annual deferred comp contribution.
- CFO Ballard salary raised to $421,540; receives 10% base salary deferred comp contribution.
- Executive VP Edwards salary raised to $305,615; receives 5% base salary deferred comp contribution.
- Executive VP Zins salary raised to $353,031; receives 10% base salary deferred comp contribution.
- Jason Criqui named EVP and Chief Banking Officer; new employment agreement with $307,400 base salary and 10% deferred comp contribution.