COLUMBIA BANKING SYSTEM, INC. (NASDAQ:COLB) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02.
On July10, 2017, Columbia Banking System, Inc. (the “Company”) appointed Clint Stein as Executive Vice President and Chief Operating Officer of the Company and its wholly owned subsidiary, Columbia State Bank (“Columbia Bank”), effective as of July14, 2017. Mr.Stein will fill the role vacated by Hadley Robbins, who was recently named President and Chief Executive Officer. Mr.Stein will maintain his duties as Chief Financial Officer until a replacement has been named.
Mr.Stein, 45, joined the Company in 2005 as Senior Vice President and Chief Accounting Officer and was named Executive Vice President and Chief Financial Officer in 2012. Prior to joining the Company, he was Senior Vice President and Chief Financial Officer for Albina Community Bank in Portland, Oregon.
There are no arrangements or understandings between Mr.Stein and any person to which he was selected as the Company’s and Columbia Bank’s Executive Vice President and Chief Operating Officer.
There are no family relationships between Mr.Stein and any of the Company’s directors, executive officers, or persons nominated or chosen by the Company to become a director or executive officer, and Mr.Stein is not a party to any transaction requiring disclosure under Item 404(a) of Regulation S-K.
A copy of the press release announcing the appointment of Mr.Stein is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
| Item 5.02. | Financial Statements and Exhibits. |
The following exhibits are being filed herewith:
COLUMBIA BANKING SYSTEM INC ExhibitEX-99.1 2 d427883dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 FOR IMMEDIATE RELEASE July 13,…To view the full exhibit click here
About COLUMBIA BANKING SYSTEM, INC. (NASDAQ:COLB)
Columbia Banking System, Inc. is a bank holding company of Columbia State Bank (the Bank) and West Coast Trust Company, Inc. The Company provides a range of banking services to small and medium-sized businesses, professionals and individuals throughout Washington, Oregon and Idaho. The Bank provides a range of financial services through approximately 150 branch locations in Washington, Oregon and Idaho. The Company’s products and services include personal banking, business banking and wealth management. It offers its personal banking customers a range of account products, including noninterest and interest-bearing checking, savings, money market and certificate of deposit accounts. The Company offers its business banking customers with a range of checking, savings, interest bearing money market and certificate of deposit accounts. It provides individual and business retirement solutions, insurance solutions, wealth management and financial planning.