Timberland Bancorp, Inc. Appoints Kelly A. Suter to its Board of Directors
November 24 2020 - 8:00PM
Timberland Bancorp, Inc. (NASDAQ: TSBK) (“Timberland” or the
“Company”), the holding company for Timberland Bank (the “Bank”)
announced today that Kelly A. Suter has been appointed to the
Boards of Directors of the Company and the Bank. Ms. Suter has been
appointed to serve on the Board in place of Daniel Yerrington whom
announced his retirement today from Timberland’s Boards having
reached Timberland’s mandatory retirement age. Dan is the former
CEO of South Sound Bank which Timberland acquired in October 2018.
We have greatly appreciated Dan’s assistance with the successful
integration of South Sound’s operations into Timberland’s and his
wisdom and contributions to the Company’s success during his tenure
serving on our Boards.
Ms. Suter is an executive leader with over 25 years of
experience. Throughout her career she has developed extensive
expertise in finance, enterprise technology, software development,
and digital transformation. She has more than a decade of
specialized experience in modernizing technology infrastructure in
the highly regulated environments associated with utilities,
banking, and outsourced payroll. Most recently, she served as the
Chief Operating Officer of Calico Energy in Seattle, where she led
finance, services, operations, internal technology, and data center
activities, including cyber risk management.
Kelly began her career at Price Waterhouse in the Silicon
Valley, where she earned her CPA license and thereafter moved to
Asia for two years serving the non-profit, United Service
Organizations (USO). Subsequently, she relocated to the Pacific
Northwest and took on increasingly senior finance and technology
leadership roles across a wide variety of industries. A common
thread throughout her career has been a dedication to scaling
businesses through digital transformation. She has an extensive
background in evaluating technology investments designed to enhance
the customer experience and improve operating efficiencies.
“Kelly’s extensive experience in multiple disciplines includes a
specific focus on technology. Her expertise in managing
transformative change and using technology to enhance the customer
experience will be vitally important as we continue to navigate the
opportunities technology is now consistently and abundantly
offering the banking industry,” commented Michael Sand, President
and CEO.
About the Company
Timberland Bancorp, Inc., a Washington corporation, is the
holding company for Timberland Bank (“Bank”). The Bank opened for
business in 1915 and serves consumers and businesses across Grays
Harbor, Thurston, Pierce, King, Kitsap and Lewis counties,
Washington with a full range of lending and deposit services
through its 24 branches (including its main office in Hoquiam).
Contact: |
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Michael R. Sand, |
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President & CEO |
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Dean J. Brydon, CFO |
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(360) 533-4747 |
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www.timberlandbank.com |
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