Northrim Bancorp Announces Executive Employment Agreements

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Northrim Bancorp ( (NRIM) ) has provided an update.

Northrim BanCorp, Inc. announced new employment agreements for its key executives effective January 1, 2025, with minor amendments. Notable changes include salary increases for Jed W. Ballard and Amber Zins, and the introduction of Mark Edwards as Executive Vice President, Chief Credit Officer, and Bank Economist with specific terms regarding salary, benefits, and conditions upon termination or a change of control.

More about Northrim Bancorp

Northrim BanCorp, Inc. operates in the financial services industry, primarily focusing on banking services through its subsidiary, Northrim Bank. The company provides a range of financial products and services, targeting both individual and business segments.

Average Trading Volume: 29,772

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $428.8M

Find detailed analytics on NRIM stock on TipRanks’ Stock Analysis page.

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