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  6.  | Northrim’s Schierhorn, Heading to Retirement, Passes Chairmanship to Huston

Northrim’s Schierhorn, Heading to Retirement, Passes Chairmanship to Huston

Aug 27, 2025 | Finance, Right Moves

Photo Credit: Northrim Bank

Joe Schierhorn, a charter employee of Northrim Bank, is eyeing retirement by the end of the year. Schierhorn has been stepping away from leadership positions since 2022, when Mike Huston succeeded him as President. Huston was named CEO last year, and now he’s taking over for Schierhorn as Chairman of the bank’s board of directors effective January 1, 2026.

Huston joined Northrim Bank in 2017 as Executive Vice President and Chief Lending Officer of Northrim Bank. He earned a bachelor’s degree in finance from Arizona State University and is a graduate of the Pacific Coast Banking School. Before coming to Alaska, Huston was executive vice president and chief banking officer at First Interstate Bank in Billings, Montana. He has been involved in many nonprofit organizations and currently serves as vice chair of Housing Alaskans: A Public Private Partnership and is on the executive committee of the Anchorage Economic Development Corporation.

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Schierhorn has been with Northrim since it started in 1990, first as Commercial Loan Officer and Regulatory Compliance Manager, then later as CFO, COO, and finally President and CEO. Schierhorn has chaired the board since 2018. Earlier this year, he was inducted into the Alaska Business Hall of Fame.

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CORPORATE 100
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This edition of Alaska Business presents the Corporate 100, Alaska’s largest companies as ranked by Alaskan employees. Outside of state and federal government, these organizations are powerhouses in the Alaska jobs market. In addition to honoring these companies, the Corporate 100 special section also looks at the most common occupations in Alaska; how workplaces can accommodate their employees experiencing a range of challenges and disabilities; and how the implementation of AI is changing workplaces. Also in this issue: new leaders in the healthcare industry, a resurgence in physical film, and the merger that created Contango Silver & Gold. Enjoy!
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