PORT ANGELES — First Northwest Bancorp, the holding company for the First Federal Savings and Loan Association of Port Angeles, has announced that Richard “Dick” Kott will retire from the company’s and bank’s boards of directors at the completion of his current term.
Said Stephen Oliver, chairman of both boards of directors: “Dick Kott has been a phenomenal director, having served for 17 years with great skill, candor, personal honesty and integrity.”
Since joining the bank’s board in 1998, Kott has served on various committees and as the bank’s chairman from 2010 to 2013.
The board has nominated Dana Behar, president and chief executive officer of HAL Real Estate Investments Inc., to fill Kott’s vacancy.
Behar’s appointment to both boards is subject to election by shareholders at First Northwest Bancorp’s first annual meeting of shareholders, to be announced in the proxy statement.