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First Financial Northwest Inc (FFNW.OQ)

FFNW.OQ on NASDAQ Stock Exchange Global Select Market

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8 Dec 2017
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Summary

Name Age Since Current Position

Roger Molvar

61 2017 Chairman of the Board

Joseph Kiley

59 2013 President, Chief Executive Officer, Director

Richard Jacobson

51 2013 Chief Operating Officer, Director

Ronnie Clariza

34 2013 Senior Vice President, Chief Risk Officer

Dalen Harrison

55 2014 Chief Deposit Officer and Senior Vice President

Simon Soh

51 2017 Senior Vice President, Chief Credit Officer, Chief Lending Officer

Christine Huestis

49 2013 Vice President, Controller

Richard Riccobono

53 2016 Director

Gary Faull

70 1999 Independent Director

Joann Lee

59 2005 Independent Director

Kevin Padrick

59 2013 Independent Director

Daniel Stevens

71 2012 Independent Director

Biographies

Name Description

Roger Molvar

Mr. Roger H. Molvar is Chairman of the Board of the Company. Prior to his appointment as Chairman of the Board, Mr. Molvar had served as a director of the Company since 2015 and had served as a director of the Bank since 2015. Mr. Molvar also serves as a member of the Board of Directors' Compensation and Awards Committee and Audit/Compliance/Risk Commitee.

Joseph Kiley

Mr. Joseph W. Kiley, III, is President, Chief Executive Officer, Director of First Financial Northwest, Inc., effective September 1, 2013. Mr. Kiley has served as President and Chief Executive Officer of the Bank since September 17, 2012. He previously served as President, Chief Executive Officer and Director of Frontier Bank, F.S.B., Palm Desert, California, and its holding company, Western Community Bancshares, Inc. Mr. Kiley has over 20 years of executive experience at banks, thrifts and their holding companies that included serving as president, chief executive officer, chief financial officer and director. Mr. Kiley holds a Bachelor of Science degree in Business Administration (Accounting) from California State University, Chico and is also a (CA) certified public accountant (inactive status).

Richard Jacobson

Mr. Richard P. Jacobson is Chief Operating Officer, Director of First Financial Northwest, Inc., effective September 1, 2013. Mr. Jacobson has served as Chief Financial Officer of the Company and the Bank since August 9, 2013. Mr. Jacobson was also appointed as a director to the Bank's Board of Directors. Mr. Jacobson has over 25 years of banking experience and served as a consultant to the Company from April 30, 2010, to April 6, 2012, and since that time has served as a mortgage broker in Palm Desert, California. Prior to that, Mr. Jacobson had been employed by Horizon Financial Corp. and Horizon Bank, Bellingham, Washington since 1987, and had served as President, Chief Executive Officer and a Director of Horizon Financial Corp. and Horizon Bank since 2008. Prior to being appointed as President and Chief Executive Officer of Horizon Financial Corp. and Horizon Bank, Mr. Jacobson was Chief Financial Officer from March 2000 until October 2008. From 1987 until 2008, Mr. Jacobson served in several other positions at Horizon Financial Corp. and Horizon Bank.

Ronnie Clariza

Mr. Ronnie J. Clariza is Chief risk officer, Senior vise president of First financial northwest, inc. Mr. Clariza previously served as Vice President and Risk Management Officer since May 2008, and prior to that, as Assistant Vice President and Compliance Officer, as well as serving in various other compliance and internal audit roles since he began with the Bank in 2003. Mr. Clariza is a graduate of the University of Washington where he received his Bachelor of Arts degree in Business Administration, Finance, and is a certified regulatory Compliance Officer. Mr. Clariza is a member of the Washington Bankers' Association Education Committee and has been involved with the Seattle Children's Hospital Guild Association as a Volunteer Compliance Manager.

Dalen Harrison

Ms. Dalen D. Harrison, Chief Deposit Officer and Senior Vice President of First Savings Bank. Ms. Harrison served as Senior Vice President and Director of Retail Banking at Peoples Bank in Bellingham, Washington from 2010 until 2014. Prior to that, she served as Vice President of Rainier Pacific Bank, Tacoma, Washington, from 1994 until 2010. Ms. Harrison received a Bachelor of Arts degree in Business Administration from St Mary's College in Moraga, California. Ms. Harrison has served on the boards of Rainier Pacific Foundation, First Place for Children, and Gig Harbor Rotary Foundation, and currently serves on the board of Renton Salvation Army.

Simon Soh

Mr. Simon Soh is Senior Vice President, Chief Credit Officer, Chief Lending Officer of the Company. Prior to his promotion in October 2012, Mr. Soh served as Vice President and Loan Production Manager of First Savings Bank, a position he held since August 2010. Prior to that, He was First Vice President & Commercial Lending Manager at East West Bank. In 1998, Mr. Soh was a founding member of Pacifica Bank in Bellevue, Washington, which merged with United Commercial Bank in 2005, later becoming East West Bank in 2009. Mr. Soh has over 23 years of experience in commercial banking.

Christine Huestis

Ms. Christine A. Huestis, CPA., is Vice President and Controller of First Financial Northwest, Inc. Prior to joining First Financial Northwest in October 2013, she was employed by Realty in Motion, LLC., a family of mortgage default service companies, in Bellevue, Washington. From 1999 until joining First Financial Northwest, Ms. Huestis held key accounting positions at affiliated companies within Reality in Motion with her most recent position being Controller. Ms. Huestis received a Bachelor of Science degree in Accounting from Central Washington University and is a Certified public accountant.

Richard Riccobono

Mr. Richard M. Riccobono has been appointed as Director of the Company effective November 17, 2016. Mr. Riccobono has over 31 years of experience in the financial services industry and will bring a solid understanding of banking, regulatory, legislative, accounting, and legal expertise to the Board to support his contributions as a director. Formerly President and Chief Executive Officer of the Federal Home Loan Bank of Seattle and the Deputy Director of the Office of Thrift Supervision, U.S. Department of the Treasury, he most recently served as the Director of Banks for the Washington State Department of Financial Institutions. As the Director of Banks, Mr. Riccobono served under the current and former Governor of the State of Washington taking responsibility for the regulation of all Washington state-chartered banks and trust companies at the height of the financial crisis. Mr. Riccobono began his career in public accounting with Touche, Ross and Company (now Deloitte Touche Tohmatsu Limited). He currently serves as a director of the Pacific Coast Banking School and previously served on the boards of the Pentegra Defined Benefit Plan for Financial Institutions, White Plains, New York, and the Albers School of Business and Economics at Seattle University, Seattle, Washington. Mr. Riccobono holds a Juris Doctorate degree from the Western New England School of Law in Springfield, Massachusetts, and a Bachelor's of Science degree from the State University of New York at Albany. He is a member of the Georgia Bar Association, Texas Bar Association and is a Certified Public Accountant.

Gary Faull

Mr. Gary F. Faull is an Independent Director of First Financial Northwest, Inc. He also served as Director of First Savings Bank, positions held since the companies were established in 2007 as part of the mutual to stock conversion process. Prior to the conversion, he served as a director of First Financial Holdings, MHC, First Financial of Renton and First Savings Bank of Renton. Mr. Faull has served as a director of First Savings Bank since 1999. He is an attorney and has been self-employed since 1974 in the law firm of Gary F. Faull Law Offices. Mr. Faull is a member of the Renton Rotary Club, the Greater Renton Chamber of Commerce, Veterans of Foreign Wars, a past director of the Renton Community Foundation and a past president of the South King County Bar Association. Mr. Faull is also a Trustee of the First Financial Northwest Foundation and serves as its Secretary .

Joann Lee

Ms. Joann E. Lee is an Independent Director of First Financial Northwest, Inc. She serves Compensation Committee Chair of First Financial and First Savings Bank, positions held since the companies were established in 2007 as part of the mutual to stock conversion process. Prior to the conversion, she served as a director of First Financial Holdings, MHC, First Financial of Renton and First Savings Bank of Renton since 2005. Ms. Lee is a Certified Public Accountant and has been the owner of Joann Lee & Associates, CPAs since 2002. Prior to that., Ms. Lee spent 11 years as a Certified Public Accountant including an eight year career with the independent public accounting firm of RSM McGladrey. She also served as their Director of the Small Business Division, Puget Sound Region. Ms. Lee is a past president and current Board member of the Renton Rotary Club, and past member of Renton YMCA Board of Directors. She is also a member of the Renton Communities in Schools, Greater Renton Chamber of Commerce and a past president and director of the Renton Technical College Foundation. In addition Ms. Lee serves as a Trustee of the First Financial Northwest Foundation and serves as its Treasurer.

Kevin Padrick

Mr. Kevin D. Padrick is an Independent Director of First Financial Northwest, Inc. Mr. Padrick is a lawyer and Senior Principal and co-founder of Obsidian Finance Group, LLC, a hybrid financial advisory and investment firm based in Lake Oswego, Oregon. Prior to founding Obsidian Finance Group, LLC, Mr. Padrick was a partner with the law firm, Miller Nash, LLP, where he chaired the insolvency department and represented debtors, secured and unsecured creditors, and creditors’ committees. He received Bachelor of Science degrees in mathematics and psychology, and Master of Business Administration and Juris Doctor degrees from the University of Santa Clara.

Daniel Stevens

Mr. Daniel L. Stevens is an Independent Director of First Financial Northwest, Inc. Mr. Stevens has over 35 years of experience in the financial institutions industry and with his banking experience and leadership roles in banking associations will be able to provide competence in Board leadership along with a background to support his contributions as a director. Mr. Stevens currently serves as Chairman of the Board of Home Federal Bancorp, Inc., Nampa, Idaho and its savings bank subsidiary, Home Federal Bank, positions he has held since 2004 and 1999, respectively. He served as President and Chief Executive Officer of Home Federal Bancorp, Inc. from 2004 until he stepped down in January 2008. He also served as Chief Executive Officer of Home Federal Bank from 1995 until January 2008, and as President of the Bank from 1995 until September 2006, when he announced his plans for retirement in 2008. In addition to his employment with Home Federal Bancorp, Inc., Mr. Stevens has served as an executive officer or chief executive officer for four other mutual and stock thrifts during his career. He is past Vice Chairman of the Board of Directors of the Federal Home Loan Bank of Seattle. He served as the Chairman of the Audit Committee and a member of the Financial Operations Committee of the Federal Home Loan Bank of Seattle. Mr. Stevens was a director of the Federal Home Loan Bank of Seattle from 1996 until 2004. He served as a director of America’s Community Bankers, served on America’s Community Bankers’ Federal Home Loan Bank System Committee, chaired the America’s Community Bankers Credit Union Committee, and was First Vice Chair of America’s Community Bankers COMPAC Board of Governors until the merger of America’s Community Bankers and the American Bankers Association in 2007.

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