Northrim Bank Announces Retirement of Joe Schierhorn Northrim Bank announces the retirement of Chairman, Joe Schierhorn effective December 31, 2025. President and CEO Mike Huston will succeed Mr. Schierhorn as Chairman of the Board of Northrim Bank on January 1, 2026 in addition to his current responsibilities. Mr. Huston has been with the Bank since 2017 serving as President since 2022 and President and CEO since 2024. 

Mr. Schierhorn’s professional career began at Alaska Pacific Trust and has spanned over 40 years within Alaska. He is a charter employee of the Bank, starting as the Bank’s Commercial Loan Officer and Regulatory Compliance Manager in 1990. He served as Chief Financial Officer, Chief Operating Officer and finally President and Chief Executive Officer of the Bank. He has served as the Chairman of the Board since 2018.   

Mr. Schierhorn has been a prominent Alaska business and civic leader. He was inducted into the Alaska Business Hall of Fame in 2025 and is a Diamond Donor within the Leadership Council of the United Way of Anchorage. He has held significant leadership roles and board positions for State and local organizations including the Alaska Bankers Association, Pacific Bankers Management Institute, Federal Reserve Bank of San Francisco Twelfth District Community Deposit Institutions Advisory Council, Anchorage Chamber of Commerce, Anchorage Rotary Club, United Way of Anchorage, Resource Development Council of Alaska, KEEP Alaska Competitive, and Seawolf 5th Line. In connection with the Bank’s 35th anniversary, there will be a retirement celebration for Joe on December 3rd at the Bear Tooth Theater at 4pm in Anchorage.