• Umpqua Holdings Corporation
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  • Umpqua Bank California President Bill Fike to Retire
    Fike Will Retire Following 38 Years in BankingĀ 
    Company Release - 02/14/2008 12:00

    PORTLAND, Ore.--(BUSINESS WIRE)--

    Umpqua Holdings Corporation (NASDAQ:UMPQ) announced California president Bill Fike will retire following 38 years in the banking industry. Based in Sacramento, Calif., Fike has led Umpqua's California operations and community involvement programs for the past three years. During his tenure, Fike oversaw the company's acquisitions of Western Sierra Bancorp and North Bay Bancorp, helping Umpqua California grow from 28 to 70 stores today.

    "Bill has been instrumental in establishing and growing Umpqua's presence throughout Northern California," said Ray Davis, president and CEO of Umpqua Bank. "His experience and understanding of the industry have strengthened our company and his leadership has inspired all of us. It has been a pleasure working with Bill throughout the years and I wish him and his family the best."

    Before joining Umpqua Bank, Fike served as an executive vice president with Bank of the West, president and CEO of SierraWest Bancorp, and was former Chairman of the California Bankers Association. Fike is planning to move to Arizona to spend his retirement with his family.

    Following Fike's retirement, the company's California regional managers will report directly to Umpqua's executive management teams in Sacramento, Calif. and its corporate offices located in Portland, Ore. The company's community development and customer relationship leadership will continue to operate in its individual California markets. Fike will stay through April to help guide the transition.

    About Umpqua Holdings Corporation

    Umpqua Holdings Corporation (NASDAQ:UMPQ) 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 147 locations between Napa, Calif. and Bellevue, Wash., along the Oregon and Northern California Coast and in Central Oregon. Umpqua Holdings also owns a retail brokerage subsidiary, Strand, Atkinson, Williams & York, Inc., which has locations in Umpqua Bank stores and in dedicated offices throughout Oregon and Southwest Washington. 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


    Contact: Umpqua Holdings Corporation Lani Hayward, 503-727-4132 lanihayward@umpquabank.com or LANE Eve Callahan, 503-546-7867 eve@lanepr.com