Timberland Bancorp, Inc. Announces the Retirement of Director James A. Davis
August 24 2021 - 8:00PM
Timberland Bancorp, Inc. (NASDAQ – TSBK) (“Timberland” or the
“Company”), the holding company for Timberland Bank (the “Bank”)
today announced the retirement of James A. Davis as a director of
the Company and of the Bank effective August 24, 2021 having
reached Timberland’s mandatory retirement age. Mr. Davis has served
as a Director of the Company and of the Bank since 2017.
Jon Parker, the Company’s Chairman of the Board stated, “Jim’s
dedicated service and commitment to the Company and the Bank during
his tenure on the Boards has been exceptional and we have expressed
to him our sincere appreciation for the leadership and direction he
provided to the Bank’s management team. We wish him the best during
his retirement.”
Mr. Davis has been appointed an Advisory Director of the
Company.
“Jim’s extensive career in the technology sector allowed him to
provide wise counsel and support in matters involving technology
which have proven very beneficial to Management,” added Michael
Sand, the Company’s President and CEO. “We appreciate his
willingness to serve as an Advisory Director”
The Company’s Board also voted to reduce the size of its Board
of Directors from nine (9) to eight (8) members at the time of Mr.
Davis’ retirement.
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: |
Michael R. Sand, |
|
President & CEO |
|
Dean J. Brydon, CFO |
|
(360) 533-4747 |
|
www.timberlandbank.com |
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