Northrim Bancorp in Anchorage, Alaska, has promoted Joe Beedle to president and chief executive.
Beedle will keep his current titles as president and CEO of Northrim's bank. In his new role, he will succeed Marc Langland, who will remain the $1.4 billion-asset company's chairman.
"We continue to execute our strategic plan for management succession with" Beedle's promotion, Langland said in a press release Thursday.
The transition will take effect Jan. 1.
Northrim has 14 branches in Alaska.