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 July26, 2017, the Board of Directors of Columbia Banking System, Inc. (the “Company”) appointed Randy Lund to serve as a director on the Board of Directors of the Company and its wholly owned subsidiary, Columbia State Bank (“Columbia Bank”), effective immediately. Mr.Lund has 37 years of public accounting experience and is a former partner of KPMG.
There are no arrangements or understandings between Mr.Lund and any person to which he was selected to serve as a director on the Company’s and Columbia Bank’s Boards of Directors.
Mr.Lund is not a party to any transaction requiring disclosure under Item 404(a) of Regulation S-K.
In connection with his appointment, Mr.Lund received a grant of restricted stock commensurate with grants recently awarded to the Company’s other directors.
| Item 5.02. | Financial Statements and Exhibits. |
The following exhibits are being filed herewith:
|
Exhibit No. |
Description |
| 99.1 | Press release dated July26, 2017 announcing appointment of Randy Lund as Director. |
COLUMBIA BANKING SYSTEM INC ExhibitEX-99.1 2 d392461dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 FOR IMMEDIATE RELEASE July 26,…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.
