HomeStreet Announces Conclusion of Director Search Process and Planned Addition of Sandra Cavanaugh to Board of Directors

SEATTLE--( BUSINESS WIRE)--HomeStreet, Inc. (NASDAQ:HMST) (the “Company” or “HomeStreet”), the parent company of HomeStreet Bank (the “Bank”), today announced that the Human Resources and Corporate Governance Committee (“HRCG Committee”) of the Board of Directors (“the Board”) has completed its previously announced search for an additional director and has identified Sandra Cavanaugh for appointment to the Board.

Ms. Cavanaugh is expected to be appointed as a director of both the Company and the Bank at the next regularly scheduled joint Board meeting on May 24, 2018.