• Umpqua Holdings Corporation
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  • Umpqua Holdings Corp. Expands Retail Brokerage Subsidiary
    Company Release - 05/04/2006 14:33
      Strand, Atkinson, Williams & York Adds Three Financial Advisors in Oregon

    PORTLAND, Ore., May 4 /PRNewswire-FirstCall/ -- Strand, Atkinson, Williams & York, Inc., the retail brokerage subsidiary of Umpqua Holdings Corporation, (Nasdaq: UMPQ), has hired three executives. Shawn Gergen, Steve Nelson and Kyle Hunter will each have the title of vice president, senior financial advisor.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20030917/SFW078LOGO )

    "Strand Atkinson Williams & York is in a period of growth and expansion throughout Oregon and California," said president Bradford Wear. "Shawn, Steve and Kyle add terrific skill and expertise to our Oregon team, and will be a key part of our continued success."

    Strand, Atkinson, Williams & York, Inc. hired Shawn Gergen in February 2006 from Merrill Lynch, where he worked since 2000 and earned his CFP. Previously, Gergen spent 17 years as an owner at Allstate Insurance, where he gained his CIC designation. Shawn lives in Eugene with his wife and four children.

    Steve Nelson was hired in April 2006, after 11 years at A.G. Edwards. Nelson began his career in San Francisco and has over 20 years of experience in the brokerage and banking industries. Nelson has a masters degree in liberal arts from Southern Oregon College and lives in Ashland with his wife.

    Kyle Hunter began work for Strand, Atkinson, Williams & York, Inc. in March 2006, after six years at Wedbush Morgan Securities. He has over 17 years of experience in investment banking. Hunter studied business and finance at the University of Southern Colorado and is currently on the board of directors for the Oregon Council on Economics Education. Hunter currently lives in Portland and has three children.

    In addition, with the expected acquisition of Western Sierra Bancorp later this month, Strand, Atkinson, Williams & York, Inc. will add six advisors to its team.

    About Strand, Atkinson, Williams & York, Inc.

    Founded in 1928, Strand, Atkinson, Williams & York, Inc. (SAWY), a subsidiary of Umpqua Holdings Corporation, is the second largest securities firm headquartered in Oregon. A full service brokerage firm, SAWY has locations in Umpqua Bank stores and in dedicated offices throughout Oregon and Southwest Washington.

    About Umpqua Holdings Corporation

    Umpqua Holdings Corporation is the parent company of Umpqua Bank, an Oregon-based community bank recognized for its entrepreneurial approach, innovative use of technology, and distinctive banking solutions. Umpqua Bank has 96 locations between Sacramento, Calif. and Bellevue, Wash., along the Oregon and Northern California Coast and in Central Oregon. Recently recognized as the most admired banking services company in Oregon by Oregon executives and by BusinessWeek magazine as one of the "best ideas" of 2005, Umpqua Bank continues to gain attention for its innovative customer experience. Umpqua Bank's Private Client Services Division provides tailored financial services and products to individual customers. Umpqua Holdings Corporation is headquartered in Portland, Ore. For more information, visit www.umpquaholdingscorp.com.

    SOURCE  Umpqua Holdings Corporation
        -0-                             05/04/2006
        /CONTACT:  Lani Hayward of Umpqua, +1-503-727-4132, or
    LaniHayward@UmpquaBank.com, or Eve Callahan, +1-503-546-7878, or
    eve@lanemarketing.com, for Umpqua/
        /Photo:  http://www.newscom.com/cgi-bin/prnh/20030917/SFW078LOGO
                  AP Archive:  http://photoarchive.ap.org
                  PRN Photo Desk photodesk@prnewswire.com/
        /Web site:  http://www.umpquaholdingscorp.com/
    CO:  Umpqua Holdings Corporation; Strand, Atkinson, Williams & York, Inc.
    ST:  Oregon
    IN:  FIN
    SU:  PER
    -- SFTH085 --
    3693 05/04/200614:33 EDThttp://www.prnewswire.com