PORTLAND, Ore.--(BUSINESS WIRE)--
Bank, a subsidiary of Umpqua Holdings Corporation (NASDAQ: UMPQ),
has named Rick Calero executive vice president of community banking.
Calero will have responsibility for all retail initiatives for the
company, including Umpqua Bank’s store network, deposit growth
strategies, small business and consumer lending, as well as Umpqua’s
innovative product delivery and customer experience services.
Umpqua Bank has named Rick Calero executive vice president of community banking. (Photo: Business Wire)
“Rick has a deep retail banking background and is a proven leader who
will fit in perfectly with Umpqua Bank’s culture,” said Ray Davis,
president and CEO of Umpqua Bank. “His ability to guide internal teams
coupled with his understanding of the current banking climate will be of
great value to the company as we continue to build on the success of our
growth strategy. I am very pleased that he is joining our executive
Calero brings more than 10 years of retail banking experience to the
position, most recently as regional sales and marketing director for
Citibank in Dallas, Tex., where he oversaw seven market regions and 330
branch locations. Previously, he served as consumer banking executive at
Regions Financial Corporation.
Calero has a master’s in business administration from Southern Methodist
University, Cox School of Business. He received his Bachelor of Arts in
Economics from Fordham University in New York.
Calero replaces Ric Carey, who has taken on new responsibilities as
executive vice president of store experience and sales, and is now
charged with leading Umpqua Bank’s community banking teams through new
sales and marketing initiatives that will deepen the company’s
relationships with existing and new customers.
About Umpqua Bank
Bank, headquartered in Roseburg, Ore., is a subsidiary of Umpqua
Holdings Corporation (NASDAQ: UMPQ) and has 183 locations between San
Francisco and Seattle, along the Oregon and Northern California Coast,
and in Central Oregon and Northern Nevada. Umpqua Bank has been
recognized for its innovative customer experience and banking strategy
by national publications including TheWall Street Journal,
The New York Times, BusinessWeek, Fast Company and
CNBC. The company has been recognized for the past four years in a row
on FORTUNE magazine’slist of the country’s “100 Best
Companies To Work For.” Umpqua Holdings also owns a retail brokerage
subsidiary, Umpqua Investments Inc., which offers services through
Umpqua Bank stores and in dedicated offices throughout Oregon. Umpqua’s
Private Bank Division serves high-net-worth individuals and
non-profits providing customized financial solutions and
offerings. Umpqua Holdings Corporation is headquartered in Portland,
Ore. For more information, visit http://www.umpquabank.com.
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Source: Umpqua Bank