The Bank Slate

INSIGHTS INTO THE BANKING INDUSTRY

Timberland in Wash. selects insider as new CEO

Timberland Bancorp in Hoquiam, Wash., has a new CEO.

The $1.8 billion-asset company disclosed in a regulatory filing that Dean Brydon had taken over the role, succeeding Michael Sand, who retired.

Brydon was also added to Timberland’s board, while Sand will remain a director.

Brydon had been the company’s president and chief financial officer.

Jonathan Fischer, Timberland’s chief operating officer, succeeded Brydon as president. Fischer will remain COO, a role he has held since August 2012.

Timberland also appointed Marci Basich to succeed Brydon as CFO. Pamela Nygaard succeeded Basich as Timberland’s treasurer; she had been the assistant treasurer.

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