NORTHRIM BANCORP INC (NRIM)
Sector: Financials
Sector: Financials
NORTHRIM BANCORP INC - Executive Compensation
Executive Vice President, Chief Financial Officer of the Company and the Bank
Executive Compensation
Jed W. Ballard serves as the Executive Vice President and Chief Financial Officer of both Northrim Bancorp Inc. and its subsidiary, Northrim Bank. With a robust background in finance and banking, Ballard has been instrumental in steering the financial strategy of the company since joining in 2017. Prior to his role at Northrim Bancorp, he held significant positions at other financial institutions, including serving as the CFO at First Independent Bank in Vancouver, Washington. His extensive experience in financial management, strategic planning, and risk assessment has been a key asset to Northrim Bancorp. In his role as CFO, Ballard oversees the financial operations of the company, ensuring its fiscal health and compliance with regulatory standards. He plays a pivotal role in developing and implementing financial strategies that support the company's growth and profitability. Under his leadership, Northrim Bancorp has seen steady financial performance, marked by effective cost management and robust earnings growth. Ballard's strategic vision and meticulous attention to detail have earned him respect among his peers and have significantly contributed to the company's success. Ballard's achievements extend beyond his professional responsibilities. He is actively involved in the community, serving on various boards and committees that focus on economic development and financial education. His commitment to both his role at Northrim Bancorp and his community involvement underscores his dedication to fostering financial stability and growth, both within the company and the broader region.