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FS Bancorp Announces CEO Succession Plan, Matthew Mullet Named President and CEO of 1st Security Bank
ByAinvest
Friday, Aug 15, 2025 11:31 am ET1min read
FS Bancorp, Inc. announced a CEO succession plan, with Joe Adams retiring as CEO of 1st Security Bank on September 1, 2025, and Matt Mullet taking over as President and CEO. Adams will remain CEO of FS Bancorp until May 2026. Mullet has served as President of 1st Security Bank and FS Bancorp since July 2024. The board praised Adams' leadership and expressed confidence in Mullet's ability to lead the organization into the future.
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