Sterling Financial William W. Zuppe, announces plan to retire as CEO

Thu Sep 27, 2007 4:30pm EDT

Co announced that its Chairman of the Board and Chief Executive Officer, William W. Zuppe, has informed the Sterling Savings Bank Board of Directors that he intends to retire as Chief Executive Officer of Sterling Savings Bank effective December 31, 2007. Mr. Zuppe will retain his role as Chairman of the Board of Sterling Savings Bank and will continue to serve on the board of directors of Sterling Savings Bank's parent company, Sterling Financial (STSA). Sterling Savings Bank Board of Directors appointed the Bank's current Vice Chair and Chief Operating Officer, Heidi B. Stanley, as President, Chief Executive Officer and Vice Chair of Sterling Savings Bank, effective January 1, 2008.

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