People: Sterling Financial Corporation (STSA.O)

STSA.O on Nasdaq

0.56USD
9 Feb 2010
Price Change (% chg)

$0.04 (+7.69%)
Prev Close
$0.56
Open
--
Day's High
$0.58
Day's Low
$0.53
Volume
567,968
Avg. Vol
1,178,004
52-wk High
$5.15
52-wk Low
$0.49

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Summary

Name Age Since Current Position
Eisenhart, William 57 2009 Non-Executive Chairman of the Board
Seibly, J. Gregory 46 2009 President, Chief Executive Officer; Acting CEO of Sterling Savings Bank, Director
Byrne, Daniel 54 1983 Chief Financial Officer, Executive Vice President - Finance, Assistant Secretary
Conley, Larry 57 2007 President of INTERVEST
Eckhardt, Ezra 39 2009 Chief Operating Officer; Acting President and COO of Sterling Savings Bank
Costa, Donn 47 2008 Executive Vice President of Golf Savings Bank
Zuppe, William 67 2007 Director
Fugate, James 76 1989 Director
Larrabee, Robert 74 1992 Director
Reuling, Michael 62 2006 Director
Anderson, Katherine 50 2007 Director
Boyer, Ellen 49 2007 Director
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Biographies

Name Description
Eisenhart, William Mr. William Eisenhart has been appointed as Non-Executive Chairman of the Board. He serves as Director of Sterling Financial Corp since his appointment in January 2004. He serves as an independent financial consultant to privately held and publicly traded companies on investment banking matters. Previously, Mr. Eisenhart was a Managing Director at Dain Bosworth, Inc., in Seattle, Washington, a Partner in Corporate Finance for Cable Howse & Ragen in Seattle, Washington, and Vice President of Corporate Finance at Goldman, Sachs & Company in New York City. Currently, he serves as a member of the Finance Committee of the YMCA of Greater Seattle, and is Co-Chair of Harvard College Schools and the Scholarship Committee of Western Washington. Mr. Eisenhart received a Bachelor’s degree from Harvard College and a Master of Business Administration degree from the University of Chicago. If reelected, his term will expire in 2010.
Seibly, J. Gregory Mr. J. Gregory Seibly has been appointed as President, Chief Executive Officer; Acting CEO of Sterling Savings Bank, Director of Sterling Financial Corporation. He serves as President of Sterling Savings Bank since January 2009. In 2007 Mr. Seibly joined Sterling as Executive Vice President and Chief Production Officer with more than 20 years of experience in the financial industry. Before joining Sterling, Mr. Seibly was the President of U.S. Bank – California. He has also held executive-level positions in commercial banking at Wells Fargo Bank and in healthcare finance at Bank of America. Mr. Seibly currently serves on the executive board of the Boy Scouts of America – Inland Northwest Council and the board of the United Way of Greater Spokane. He received his bachelor’s degree in business administration and finance from Indiana University.
Byrne, Daniel Mr. Byrne Executive Vice President-Finance, Chief Financial Officer and Assistant Secretary of Sterling and Assistant Secretary of Sterling Savings and Golf Savings Bank. He has served in these capacities with Sterling and Sterling Savings, which he joined in 1983. Mr. Byrne is also the Assistant Secretary and Treasurer of INTERVEST. Before joining Sterling, Mr. Byrne was employed by the accounting firm of Coopers & Lybrand in Spokane, Washington. He is a past Lieutenant Governor of Kiwanis International. Mr. Byrne is a past member of the Board of Trustees of Gonzaga Preparatory School, including its Executive Committee and its Finance Committee. He is President of the Board of Directors of Spokane Community Mental Health and past Chairman of the Parish Council of St. Thomas More Church. He is also a board member and Audit Committee Chairman for Ambassadors Group, Inc., a publicly traded corporation. He serves as a member of the American Institute of Certified Public Accountants, the Washington Society of Certified Public Accountants, the Financial Manager’s Society and is a past member of the American Community Bankers Association’s Accounting Committee. Mr. Byrne is a certified public accountant, and received a Bachelor’s degree in Accounting from Gonzaga University in 1977.
Conley, Larry Mr. Conley is President of INTERVEST since September 2007. He joined Sterling Savings in 1993. Prior to his work at Sterling, Mr. Conley was a Vice President with National Mortgage Co., a Vice President Regional Manager with Security Pacific Mortgage Corp. and an Income Property Loan Officer with Pacific First Federal Savings Bank. Mr. Conley is a certified real estate appraiser (inactive) in the State of Oregon, with over 25 years of experience in the appraisal field. He is also a licensed real estate broker. After serving in the U.S. Army, Mr. Conley earned an Associate in Science Degree in Real Estate Technology from Portland State University in 1976.
Eckhardt, Ezra Mr. Eckhardt is the Chief Operating Officer of Sterling Savings of Sterling Financial Corporation and Acting President and Chief Operating Officer of Sterling Savings Bank. He joined Sterling in August 2004. Prior to joining Sterling, from November 2003 to August 2004, Mr. Eckhardt served as a Director of Process Improvement at Microsoft Corporation, and from October 1999 to November 2003 he served as Operations Leader at Honeywell Electronic Materials. Mr. Eckhardt is an Adjunct Professor at the Gonzaga University Graduate School of Business, member of the Board of Trustees for the Spokane Economic Development Council and a member of the Chamber of Commerce Higher Education Leadership Group. He received a Bachelor’s degree from the United States Military Academy, a Master of Business Administration degree from Gonzaga University and advanced certification in Applied Statistics from the Rochester Institute of Technology.
Costa, Donn Mr. Costa is Executive Vice President of Golf Savings Bank. He joined Sterling in July 2006. Mr. Costa was formerly President of Lynnwood Financial Corporation (parent company of Golf Savings Bank). He is a member of Golf Savings Bank’s Asset & Liability and Personnel & Lending Committees. Mr. Costa is currently on the Seattle Mortgage Bankers Association Board of Directors and the Board of the Washington Mortgage Lenders Association. He received a Bachelor’s degree in Business Administration from Washington State University in 1985.
Zuppe, William Mr. Zuppe is Director of Sterling Financial Corp since its inception and served as Chairman and as a member of the Board of Sterling Savings from October 2003 until January 2009. Mr. Zuppe served as President and Chief Operating Officer of Sterling since its inception until December 2007 and served as Director, President and Chief Operating Officer of Sterling Savings from 1981 until October 2003, when he was promoted to lead Sterling Savings as Chairman of the Board and Chief Executive Officer. Mr. Zuppe co-founded Sterling Savings in 1981. Mr. Zuppe also served on the Board of Directors of Golf Savings Bank from July 2006 until December 2007. Mr. Zuppe brought to Sterling Savings 18 years of mortgage lending experience as Vice President of Bancshares Mortgage Company and Manager of Loan Administration of Sherwood & Roberts, Inc. of Walla Walla, Washington, a mortgage banking company. Mr. Zuppe is past Chairman of the Board for America’s Community Bankers, a national trade association. He is past Chairman of the Washington Savings League Board of Directors and past member of the Federal Reserve Board — Thrift Institutions Advisory Council. His term will expire in 2010.
Fugate, James Dr. Fugate is Director of Sterling Financial Corp since 1989. He is the retired Superintendent of Auburn School District No. 408. Dr. Fugate is a former director of Central Evergreen Savings & Loan Association. He is on the Board of Governors of the Auburn Regional Medical Center and serves as the Chairman of the Board. Dr. Fugate received a Bachelor’s and Master’s degree from Central Washington State University. He received his Ph.D. from the University of Idaho in 1970. His term will expire in 2010.
Larrabee, Robert Mr. Larrabee is Director of Sterling Financial Corp since its inception and as a Director of Sterling Savings since 1983. Mr. Larrabee is the owner of Merchant Mortuary Group in Clarkston, Washington. He is also a former Director of Laurentian Capital Corporation, a former Director of Lewis and Clark Savings & Loan Association and a past President of the Board of Regents of the University of Washington. Mr. Larrabee received a degree in Mortuary Science from The California College of Mortuary Science in 1958. His term will expire in 2010.
Reuling, Michael Mr. Reuling is Director of Sterling Financial Corp since his appointment in December 2006. He has been a self-employed real estate development consultant in Boise, Idaho since retiring as Vice Chairman of Albertson’s, Inc. in 2001. Mr. Reuling received a Bachelor’s degree from Carleton College in Northfield, Minnesota in 1968 and a Juris Doctorate from the University of Michigan in Ann Arbor, Michigan in 1971. If reelected, his term will expire in 2010.
Anderson, Katherine Ms. Anderson is Director of Sterling Financial Corp since her appointment on December 17, 2007. She has served as the Chief Financial Officer for the Seattle Opera since 2005. Ms. Anderson previously operated her own consulting practice, providing interim chief financial officer services to companies in a variety of industries. She has been a licensed CPA since 1986. Ms. Anderson received her Bachelor’s degree from Humboldt State University in 1984. She is also a graduate of the Pacific Coast Banking School at the University of Washington. If reelected, her term will expire in 2010.
Boyer, Ellen Ms. Boyer is Director of Sterling Financial Corp since her appointment on December 17, 2007. She currently holds the position of Chief Operating Officer and Chief Financial Officer at Kibble & Prentice, where she has been employed since 2002. Kibble & Prentice is an insurance and financial services company that provides a single source for property casualty insurance, employee benefits, retirement plan services, executive benefits and business continuation services. Ms. Boyer previously served as the Chief Financial Officer for several technology companies in the Pacific Northwest. Ms. Boyer received her Bachelor’s degrees from Oregon State University in 1982. If reelected, her term will expire in 2010.

Basic Compensation

Name Fiscal Year Total
Eisenhart, William --
Seibly, J. Gregory 458,061
Byrne, Daniel 539,011
Conley, Larry --
Eckhardt, Ezra --
Costa, Donn 401,714
Zuppe, William 998,544
Fugate, James --
Larrabee, Robert --
Reuling, Michael --
Anderson, Katherine --
Boyer, Ellen --
As Of 30 Dec 2008

Options Compensation

Name Options Value
Eisenhart, William 0 0
Seibly, J. Gregory 0 0
Byrne, Daniel 97,500 1,832,367
Conley, Larry 0 0
Eckhardt, Ezra 0 0
Costa, Donn 0 0
Zuppe, William 275,000 6,281,160
Fugate, James 0 0
Larrabee, Robert 0 0
Reuling, Michael 0 0
Anderson, Katherine 0 0
Boyer, Ellen 0 0

Insider Trading

Name Shares Traded Price
KEEGAN JAMES BENNETT JR 1,750 $0.00
GILKEY HAROLD B 125,000 $0.00
STANLEY HEIDI B 78,750 $0.00
WRIGGLESWORTH WILLIAM J 3,000 $3.87
GILKEY HAROLD B 15,000 $0.00
BARNETT RODNEY W 1,000 $4.60
BARNETT RODNEY W 100 $4.60
BARNETT RODNEY W 100 $4.60
BARNETT RODNEY W 700 $4.60
BARNETT RODNEY W 100 $4.60
CARINALLI CLEMENT CHARLES 1,750 $0.00
LUKES DONALD J 1,750 $0.00
SEIBLY JOHN GREGORY 1,450 $1.27
SEIBLY JOHN GREGORY 3,300 $1.27
AGNEW CREIGH H 2,690 $1.24
AGNEW CREIGH H 762 $1.24
REULING MICHAEL F 10,000 $1.15
ANDERSON KATHERINE K 10,000 $1.30
BOYER ELLEN 5,000 $1.59
LAMPROS MARCUS 3,000 $1.41
COLOSIMO TOM 1,000 $1.88
LUKES DONALD J 3,987 $1.80
LUKES DONALD J 9,903 $1.80
TUEFFERS MARK 10,000 $2.01
SPIRES DIANNE E 1,000 $2.00
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