RENTON, Wash., March 15, 2013 (GLOBE NEWSWIRE) -- First Financial Northwest, Inc. ("Company") (Nasdaq:FFNW), the holding company for First Savings Bank Northwest ("Bank"), today announced that it had received all bank regulatory approvals for the appointment of Kevin D. Padrick to the Company's and the Bank's respective Boards of Directors. Mr. Padrick's appointment as a director is effective as of March 14, 2013, the date the Company received the last required approval. Mr. Padrick will attend the Company's Board of Directors' meeting on Wednesday, March 20, 2013 and at that time will be appointed to serve on the Nominating and Corporate Governance Committee and the Compensation Committee of the Company's Board of Directors. Mr. Padrick's appointment as a director was made pursuant to the settlement agreement ("Settlement Agreement") entered into by the Company with Joseph Stilwell and his affiliated entities as a result of last year's contested director election.
First Financial Northwest, Inc. Announces Appointment Of Kevin D. Padrick As Director, Resignation And Appointment Of Chairman Of The Board And Resignation Of Director M. Scott Gaspard
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