In a recent board of directors meeting, Joe Schierhorn declared his retirement from Northrim BanCorp, Inc. (Nasdaq: NRIM) effective December 31, 2025. Mike Huston, the current President & CEO, will assume the role of Chairman of the Board of Northrim Bank and Company starting January 1, 2026, alongside his existing duties. Huston, who has been with the company since 2017, took on the role of President in 2022 and President/CEO in 2024.