Pacific Financial in Wash. Starts Search for New Credit Chief

Pacific Financial in Aberdeen, Wash., is looking for a new chief credit officer.

The $897 million-asset company said in a press release Tuesday that Bruce MacNaughton will retire as its top credit executive on April 1. The company plans to start an internal and external search for a successor.

MacNaughton joined the company in 2002; he took on his current role in 2013.

MacNaughton "was instrumental in successfully managing the credit process at the bank, especially through the financial downturn," Denise Portmann, Pacific Financial's president and CEO, said in the release. "We will miss his perspective and steadfast leadership."

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