Eric M. Sprink is the President and CEO of Coastal Financial Corporation, a role he has held since 2010 after joining the company in 2006. He earned his MBA from the University of Washington, and his career started in banking...
Eric M. Sprink is the President and CEO of Coastal Financial Corporation, a role he has held since 2010 after joining the company in 2006. He earned his MBA from the University of Washington, and his career started in banking with Security Pacific Bank. He has held various positions that helped him understand retail operations, consumer lending, and wealth management. Eric focuses on performance metrics like Return on Average Assets and Core Deposit Growth, making decisions that align with shareholder interests. His 2023 compensation totaled around $1.88 million, consisting of a steady salary and vested stock based on the company's performance. He's known for being active in industry trade groups, serving as a director and past chair of the Community Bankers of Washington. Over the years, he has overseen significant fluctuations in his stock dealings, particularly reaching a peak of $16.28 million in his holdings in September 2024.