Northrim’s Schierhorn Passes CEO and President Titles to Huston

Joe Schierhorn, a charter employee of Northrim Bank since it started in 1990, is shedding a couple of leadership titles. The board of parent company Northrim BanCorp selected Mike Huston as the new President and CEO. Huston also takes on Schierhorn’s duties as Chief Operating Officer, while Schierhorn retains his position as Chairman of the Board.

Huston joined Northrim Bank in May 2017 as Executive Vice President and Chief Lending Officer of Northrim Bank. He was appointed President and Chief Lending Officer in March 2022.

“I appreciate the confidence that our Chairman and the Board have in me to enhance our culture of superior customer-first service, collaboration, and community service,” says Huston. “We are in a strong position to continue growing our customer relationships and profitability.”

Huston 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.

“We continue to implement our strategic plan for executive leadership succession, and Mr. Huston is a key component of that plan,” says Schierhorn. “Mike has brought a wealth of experience to the organization. His collaborative leadership style has resulted in growth and success throughout the bank. He continuously exhibits a commitment to our customers, employees, and the communities we serve.”