PORTLAND, Ore.--(BUSINESS WIRE)--
Umpqua Holdings Corporation (NASDAQ:UMPQ) announced that Dave Edson, its
commercial banking president, will retire in March 2009 following 37
years in the banking industry.
Based in Portland, Ore., Edson has led development and growth of
commercial lending for Umpqua Bank throughout its Oregon, Washington and
"Dave has played an instrumental role in helping to grow Umpqua's
presence throughout our footprint, and his experience and understanding
of the industry have strengthened our company," said Ray Davis,
president and CEO of Umpqua Bank. "It has been a pleasure working with
Dave and I wish him and his family the best."
During the coming weeks, Edson will assist Davis in the transition of
the role and the strategic positioning for continued growth.
Edson's long-standing history in the banking industry includes five
years as president of Bank of America, Idaho, and eight years with First
Interstate Bank of Idaho in several executive positions including CEO
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 148 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