New Directors Bring Business Leadership and Technology Expertise
PORTLAND, Ore.--(BUSINESS WIRE)--
Holdings Corporation (NASDAQ:UMPQ), parent company of Umpqua Bank
and Umpqua Investments, has appointed Luis Machuca and Hilliard Terry to
its board of directors and to the bank's board. Machuca and Terry were
appointed by Umpqua's board of directors and will stand for election at
the next annual meeting of shareholders.
"Luis and Hilliard have extensive business leadership and technology
expertise and we're pleased to add them to our board of directors," said
Ray Davis, president and CEO of Umpqua Holdings Corporation. "Over the
past decade, both Luis and Hilliard have held critical roles and have
been leaders in their industries, developing breakthrough technologies
and advanced systems. Their foresight and experience will be valuable
assets on our board and I look forward to working with them and all of
our board members to continue building Umpqua's position in the market."
Luis Machuca, president and CEO of Kryptiq Corp.
Luis Machuca is the president and CEO of Kryptiq Corp., a healthcare
connectivity company that facilitates a first-of-its-kind, open
interactive network for healthcare. Before working for Kryptiq, Machuca
served as president and chief operating officer for eFusion Corp., where
he subsequently merged the company with ITXC Corp. His experience also
includes time as executive vice president of the NEC Computer Services
Division of PB-NEC Corp., and 15 years with Intel Corp. While with
Intel, Machuca held a variety of management positions, including working
as the co-general manager for Intel's OEM Products and Services
Division. During his tenure with the company, Intel was established as
the number one motherboard supplier in the world.
Machuca serves on The Regence Group board of directors and the
University of Portland Board of Regents. He has also served on the
Oregon Health & Science University Foundation board of trustees, the
ENDfootwear advisory board and the Portland Metropolitan Family Services
board of directors. Machuca received his Bachelor of Engineering and
Master of Science in Industrial Engineering from Purdue University. He
lives in Portland, Ore., with his wife and three children.
Hilliard Terry, vice president and treasurer of Agilent Technologies
Hilliard Terry is vice president and treasurer for Agilent Technologies
Inc., a spin-off of Hewlett-Packard Company and the world's premier
measurement company. Terry joined the company in 1999 before the
company's initial public offering and spin-off from Hewlett-Packard. At
the time, he served as the Agilent's director of investor relations. In
his current position, Terry is responsible for the company's global
treasury organization, including: corporate cash management, corporate
finance, customer financing, foreign exchange, pension assets and risk
management. He is also a member of Agilent's benefits committee, which
has fiduciary oversight for its employee benefit and retirement programs.
Before joining Agilent, Terry worked in marketing for Hewlett-Packard'sVeriFone subsidiary and investor relations for VeriFone Inc. Terry has
also held positions in investor relations and investment banking with
Kenetech Corp. and Goldman Sachs & Co.
A native of the San Francisco Bay Area, Terry received his Bachelor of
Arts degree in economics from the University of California at Berkeley,
Calif., and a Master of Business Administration from Golden Gate
University. He resides in the San Francisco Bay area with his wife and
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 155 locations between San Francisco,
and Bellevue, Wash., along the Oregon and Northern California Coast and
in Central Oregon. Umpqua Holdings also owns a retail brokerage
subsidiary, Umpqua Investments Inc., which has locations in Umpqua Bank
stores and in dedicated offices in 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 www.umpquaholdingscorp.com.
Source: Umpqua Holdings Corporation