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Northrim Bank announces leadership promotions

Northrim Bank is proud to announce the promotion of officers throughout the Bank. Northrim Chairman, President and CEO Joe Schierhorn is pleased to announce the promotion of the following individuals:

  • Douglas Frey, SVP - Security & Business Continuity Manager & Information Security Officer
  • Josh King, SVP - Northrim Funding Services Division Manager
  • Nate Olmstead, SVP - Data Analytics Manager
  • Erick Stoeckle, SVP - Enterprise Architecture Manager
  • Craig Tiihonen, SVP - Treasury Services Director
  • Susan Stenstrom, VP - Corporate Secretary

Caldwell was hired at Northrim in 2016. He has more than 19 years of experience managing enterprise services, databases, security infrastructure, and networks along with over 16 years of IT project management and leadership experience. Caldwell holds a Master’s degree in Computer Information Systems (CIS)/Information Assurance (IA) and has earned several relevant professional certifications. He served as a Captain in the United States Army.

Frey joined Northrim in 2017. He has more than 35 years of law-enforcement, risk management, anti-terrorism, force-protection, and information security experience. Frey holds a Bachelor’s of Arts in Homeland Security and an Associate’s Degree in Criminal Justice, and has numerous specialized training certifications in his fields of expertise. He served in the United States Air Force and was a senior policy analyst for the Department of Defense.

King has been with Northrim Bank since 2009. He has been the Assistant Division Manager of Northrim Funding Services since 2014. King holds a Juris Doctorate of Law from Widener University and recently graduated from Pacific Coast Banking School. 

Olmstead came to Northrim in 2015 and was promoted to Data Analytics Manager in 2016. He has over 19 years of enterprise technical experience, to include database engineering, data warehousing, business intelligence and data management. Olmstead attended the Eastern Michigan University and earned several certifications in his fields of expertise. He received the 2018 Northrim President’s Award.

Stoeckle started at Northrim in 2012. He has more than 20 years of experience supporting large enterprise networks, systems, applications, storage and security infrastructure. Stoeckle attended Brigham Young University and hold a Cisco Certified Internetwork Expert (CCIE) certification in addition to multiple certifications in his areas of expertise. He received the 2013 Northrim Bank President’s Award.

Tiihonen joins Northrim Bank with 12 years of banking and treasury management experience. He has an Associate’s Degree in Business Management and various industry certifications. Tiihonen served in the United States Marine Corps.

Stenstrom started at Northrim in 2008 as Assistant Corporate Secretary and has over 45 years of experience in the financial industry. She has a wide range of experience in the financial industry and has held positions in regulatory compliance and examinations, insurance and related licensing, loan administration and corporate documentation at the executive level. Stenstrom received the 2013 Northrim Bank President’s Award.