Sound Financial Bancorp (NASDAQ:SFBC) has announced a significant leadership transition, appointing Wes Ochs as President of both the Company and Sound Community Bank, effective October 1, 2025. Ochs will maintain his current role as Chief Financial Officer, which he has held since 2021.
Ochs brings 23 years of banking experience and has been instrumental in driving operational efficiencies, enhancing lending operations, and strengthening financial reporting since joining SFBC. Current CEO Laurie Stewart, who has been with the organization for 35 years and led its transformation from a credit union to a commercial bank, will continue as Chief Executive Officer to ensure leadership continuity and guide long-term strategy.
Sound Financial Bancorp (NASDAQ:SFBC) ha annunciato una significativa transizione di leadership, nominando Wes Ochs presidente della Società e di Sound Community Bank, con effetto dal 1 ottobre 2025. Ochs manterrà il suo ruolo attuale di Chief Financial Officer, ricoperto dal 2021. Ochs porta 23 anni di esperienza bancaria ed è stato determinante nel migliorare l'efficienza operativa, potenziare le attività di prestito e rafforzare la presentazione di rapporti finanziari sin dal suo ingresso in SFBC. L'attuale CEO Laurie Stewart, presente nell'organizzazione da 35 anni e protagonista della trasformazione da cooperativa di credito a banca commerciale, continuerà a ricoprire il ruolo di Chief Executive Officer per garantire la continuità della leadership e guidare la strategia a lungo termine.
Sound Financial Bancorp (NASDAQ:SFBC) ha anunciado una importante transición de liderazgo, nombrando a Wes Ochs como Presidente de la empresa y de Sound Community Bank, con efecto a partir del 1 de octubre de 2025. Ochs mantendrá su cargo actual de Director Financiero, que ocupa desde 2021. Ochs aporta 23 años de experiencia bancaria y ha sido fundamental para impulsar eficiencias operativas, mejorar las operaciones de préstamos y fortalecer la presentación de informes financieros desde que se unió a SFBC. La actual directora ejecutiva Laurie Stewart, quien ha estado en la organización durante 35 años y dirigió su transformación de cooperativa de crédito a banco comercial, continuará como Chief Executive Officer para asegurar la continuidad del liderazgo y guiar la estrategia a largo plazo.
Sound Financial Bancorp(NASDAQ:SFBC)는 중요한 리더십 재편을 발표하고, Wes Ochs를 회사와 Sound Community Bank의 사장으로 임명하며, 발효일은 2025년 10월 1일입니다. Ochs는 2021년부터 맡아온 최고재무책임자(CFO) 직을 계속 유지합니다. Ochs는 23년의 은행 경력을 보유하고 있으며, SFBC에 합류한 이후 운영 효율성을 높이고 대출 운영을 개선하며 재무 보고를 강화하는 데 중요한 역할을 해왔습니다. 현재 CEO Laurie Stewart는 35년간 조직과 함께 일해 왔으며 신용조합에서 상업은행으로의 변화를 주도해 왔으며, 리더십의 연속성과 장기 전략을 보장하기 위해 Chief Executive Officer로 계속해서 이끌 것입니다.
Sound Financial Bancorp (NASDAQ:SFBC) a annoncé une importante transition de leadership, nommant Wes Ochs en tant que Président de la Société et de Sound Community Bank, à compter du 1er octobre 2025. Ochs conservera son rôle actuel de Chief Financial Officer, qu'il occupe depuis 2021. Ochs apporte 23 ans d'expérience bancaire et a joué un rôle déterminant dans l'amélioration des efficacités opérationnelles, le renforcement des activités de prêt et le renforcement du reporting financier depuis son arrivée chez SFBC. L'actuelle PDG Laurie Stewart, présente dans l'organisation depuis 35 ans et qui a dirigé la transformation de la coopérative de crédit en banque commerciale, continuera à assurer la direction générale afin de garantir la continuité du leadership et guider la stratégie à long terme.
Sound Financial Bancorp (NASDAQ:SFBC) hat eine bedeutende Führungstransition bekannt gegeben und Wes Ochs zum Präsidenten des Unternehmens und der Sound Community Bank ernannt, mit Wirkung zum 1. Oktober 2025. Ochs wird seine derzeitige Funktion als Chief Financial Officer fortführen, die er seit 2021 innehat. Ochs bringt 23 Jahre Bankerfahrung mit und war maßgeblich an der Steigerung operativer Effizienz, der Verbesserung der Kreditvergabe und der Stärkung der Finanzberichterstattung seit seinem Beitritt zu SFBC beteiligt. Die aktuelle Geschäftsführerin Laurie Stewart, die seit 35 Jahren in der Organisation tätig ist und sie von einer Credit Union zu einer Commercial Bank transformiert hat, wird weiterhin als Chief Executive Officer tätig sein, um Führungsnähe sicherzustellen und die langfristige Strategie zu lenken.
أعلنت Sound Financial Bancorp (NASDAQ: SFBC) عن انتقال قيادي مهم، بتعيين Wes Ochs رئيساً للشركة وبنك Sound Community Bank، اعتباراً من 1 أكتوبر 2025. سيستمر أوتشس في منصبه الحالي كـ Chief Financial Officer، الذي يشغله منذ 2021. يجلب خبرة مصرفية تمتد لـ 23 عاماً لـ Ochs، وكان له دور حاسم في تعزيز الكفاءة التشغيلية، وتحسين عمليات الإقراض، وتقوية التقارير المالية منذ انضمامه إلى SFBC. ستواصل الرئيـسة التنفيذية الحالية Laurie Stewart، التي عملت مع المنظمة لمدة 35 عاماً وقادت تحويلها من اتحاد ائتماني إلى بنك تجاري، الاستمرار كـ Chief Executive Officer لضمان استمرارية القيادة وتوجيه الاستراتيجية بعيدة المدى.
Sound Financial Bancorp（NASDAQ:SFBC）宣布了重要的领导层过渡，任命 Wes Ochs 为公司及 Sound Community Bank 的主席，任期自 2025年10月1日起生效。Ochs 将继续担任自2021年以来的首席财务官（CFO）。Ochs 拥有 23年的银行业经验，自加入 SFBC 以来，在推动运营效率、提升放贷业务和加强财务报告方面发挥了关键作用。现任 CEO Laurie Stewart 已在该组织任职 35 年，并将其从信用合作社转型为商业银行的历程中发挥了领导作用，将继续担任首席执行官，以确保领导力的连续性并指导长期战略。
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Potential operational challenges with CFO serving dual role
Board Appoints Wes Ochs as President; Laurie Stewart Continues as Chief Executive Officer
SEATTLE, Sept. 19, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Sound Financial Bancorp, Inc (NASDAQ:SFBC), (the “Company”) the holding company for Sound Community Bank (the “Bank”), today announced that, effective October 1, 2025, it has unanimously approved the appointment of Wesley (Wes) Ochs as President of the Company and the Bank. He will continue to serve as Chief Financial Officer of both entities, a position he has held since 2021. Laura Lee (Laurie) Stewart will continue as Chief Executive Officer of the Company and the Bank.
This transition reflects the Board’s ongoing succession planning and ensures continuity in advancing the Bank’s mission and strategic objectives, while recognizing the leadership strengths of both executives.
Wes brings more than 23 years of banking experience spanning retail banking, mortgage banking, commercial lending, credit administration, and management. He holds degrees in Economics and Accounting and is a graduate of the Pacific Coast Banking School.
Since 2021, Wes has served as Chief Financial Officer, a role in which he combined technical expertise with collaborative leadership to drive operational efficiencies across departments and business lines. He has led initiatives to enhance lending operations, financial reporting, policy governance, and client experience, with a consistent focus on transparency and team development. More recently, his work has concentrated on asset/liability management, credit loss modeling, and enterprise budgeting, areas critical to strengthening the Bank’s financial resilience and aligning strategic priorities.
Laurie, who is marking her 35th anniversary with the organization, has guided its evolution from a credit union with less than $50 million in assets to a mutual savings bank and, ultimately, to a state-chartered, FDIC-insured commercial bank. As Chief Executive Officer, she will continue to lead the organization’s long-term strategy and ensure a smooth transition of the President’s duties.
About the Company
Sound Financial Bancorp, Inc., a bank holding company, is the parent company of Sound Community Bank, which is headquartered in Seattle, Washington and has full-service branches in Seattle, Tacoma, Mountlake Terrace, Sequim, Port Angeles, Port Ludlow and University Place. Sound Community Bank is a Fannie Mae Approved Lender and Seller/Servicer with one loan production office located in the Madison Park neighborhood of Seattle. For more information, please visit www.soundcb.com.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company’s leadership transition, succession planning, and the expected benefits of these changes. Forward-looking statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those projected. Factors that could cause such differences include, among others, challenges in implementing management changes, business and economic conditions, regulatory developments, and other risks described in the Company’s filings with the Securities and Exchange Commission. The Company disclaims any obligation to update or revise forward-looking statements contained herein, except as required by law.
For additional information contact: Laurie Stewart, President, CEO 206.436.1495
FAQ
Who is the new President of Sound Financial Bancorp (NASDAQ:SFBC)?
Wes Ochs has been appointed as President of Sound Financial Bancorp and Sound Community Bank, effective October 1, 2025, while maintaining his role as Chief Financial Officer.
What is Wes Ochs' background at Sound Financial Bancorp (SFBC)?
Wes Ochs has served as Chief Financial Officer since 2021, leading initiatives in lending operations, financial reporting, policy governance, and client experience. He has over 23 years of banking experience.
Is Laurie Stewart leaving Sound Financial Bancorp?
No, Laurie Stewart will continue as Chief Executive Officer of Sound Financial Bancorp and Sound Community Bank, focusing on long-term strategy and ensuring a smooth transition of the President's duties.
What is Laurie Stewart's history with Sound Financial Bancorp?
Laurie Stewart has been with the organization for 35 years, leading its transformation from a credit union with less than $50 million in assets to a state-chartered, FDIC-insured commercial bank.
When does the new leadership structure take effect at SFBC?
The new leadership structure takes effect on October 1, 2025, with Wes Ochs assuming the role of President while maintaining his position as CFO.
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