Columbia Banking System Announces Executive Appointments
April 16, 2018 at 03:24 pm EDT
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Columbia Banking System has announced the promotion of four current leaders to the position of Executive Vice President of its subsidiary, Columbia Bank ("Columbia"), effective immediately. Todd Leber, David Devine, Eric Eidand Chris Merrywell will assume their new titles and begin working toward attaining the operational, tactical and strategic objectives of the Executive Committee and the Board of Directors. Following are their complete titles and areas of responsibility: Todd Leber, EVP and Chief Commercial Banking Officer - will focus on continued development and growth of the bank's commercial banking franchise. David Devine, EVP and Chief Marketing Officer will be responsible for business and consumer segment marketing strategies and new direct digital sales opportunities across social media and the web.Eric Eid, EVP and Chief Innovation and Technology Officer - will bring an increased focus on expanding technological platforms and enhancing corporate agility through a combination of innovation and improved processes. Chris Merrywell, EVP and Chief Consumer Banking Officer - will position Wealth Management, Private & Healthcare Banking and Retail Banking for continued growth and success. Additionally, these leaders will fill critical roles on the Bank's newly formed Operating Committee.
Columbia Banking System, Inc. is the bank holding company for Umpqua Bank (the Bank). Through the Bank, the Company provides a broad range of banking, private banking, mortgage, and other financial services to corporate, institutional, small business, and individual customers. The bank offers specialized loans for corporate, middle market, and small business customers, including commercial lines of credit and term loans, and others. It offers deposit products, including non-interest-bearing checking accounts, analyzed business accounts, interest-bearing checking and savings accounts, money market accounts, insured cash sweep and other investment sweep solutions. The Bank also provides loans to individual borrowers for a variety of purposes, including secured and unsecured personal loans, home equity and personal lines of credit, and motor vehicle loans. The Bank primarily operates in Arizona, California, Colorado, Idaho, Nevada, Oregon, Utah, and Washington State.