Management ChangeJun 1, 2026, 11:17 AM
FS Bancorp Names Matthew D. Mullet as CEO, Effective June 1
AI Summary
FS Bancorp, Inc. announced the appointment of Matthew D. Mullet as CEO of the Company, effective June 1, 2026. This appointment is part of a previously announced CEO succession plan. Mullet will continue in his roles as President and CEO of 1st Security Bank and President of the Company. Joe Adams, who retired as CEO on May 31, 2026, will remain a director of both the Company and the Bank.
Key Highlights
- Matthew D. Mullet appointed CEO of FS Bancorp, Inc.
- Appointment is effective June 1, 2026.
- This follows a CEO succession plan announced on August 15, 2025.
- Mullet will continue as President and CEO of 1st Security Bank and President of the Company.
- Joe Adams retired as CEO on May 31, 2026.
- Joe Adams will continue to serve as a director of the Company and the Bank.
- Mullet previously served as Chief Financial Officer of 1st Security Bank since 2011.
- Mullet expressed honor and commitment to financial success and company vision.
Price Impact
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