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United States

Columbia Banking System Inc (COLB.OQ)

COLB.OQ on NASDAQ Stock Exchange Global Select Market

36.92USD
14 Dec 2018
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Summary

Name Age Since Current Position

Craig Eerkes

65 2018 Independent Chairman of the Board

Hadley Robbins

61 2017 President, Chief Executive Officer, Director

Clint Stein

46 2017 Chief Financial Officer, Chief Operating Officer, Executive Vice President

Greg Sigrist

2018 Chief Financial Officer, Executive Vice President

David Lawson

59 2013 Chief Human Resource Officer, Executive Vice President

Andrew McDonald

59 2004 Chief Credit Officer, Executive Vice President

Brock Lakely

38 2018 Senior Vice President, Chief Accounting Officer

Kumi Baruffi

47 2014 Executive Vice President, General Counsel

David Dietzler

74 2013 Independent Director

Ford Elsaesser

66 2015 Independent Director

Mark Finkelstein

59 2015 Independent Director

John Folsom

74 1997 Independent Director

Eric Forrest

50 2017 Independent Director

Thomas Hulbert

71 1999 Independent Director

Michelle Lantow

56 2012 Independent Director

Randy Lund

60 2017 Independent Director

S. Mae Numata

61 2012 Independent Director

Elizabeth Seaton

57 2015 Independent Director

Janine Terrano

56 2018 Independent Director

William Weyerhaeuser

74 2018 Independent Director

Biographies

Name Description

Craig Eerkes

Mr. Craig D. Eerkes is Independent Chairman of the Board of the Company. Mr. Eerkes has served as the President and Chief Executive Officer of Sun Pacific Energy, Inc., a Tri-Cities based retail and wholesale petroleum company with locations throughoutWashingtonsince 1981. He has an extensive background with financial institutions and broad experience in highly regulated industries, including 16 years as a director of WMI Insurance Company, a health and life insurance company based inSalt Lake City, Utah. He was the chairman and a director of AmericanWest Bancorp from 2004 to 2012, as well as a director of First Hawaiian Bank from 1996 to 1999. He was founder, director and chairman of American National Bank, N.A.,Kennewick, Washington, from 1981 to 1996. Mr. Eerkes is a graduate of theUniversity of Puget Sound. He was named "Tri-Citian of the Year" for 2014 and is actively involved in the Boy Scouts, Boys & Girls Clubs, United Way and several other community organizations.

Hadley Robbins

Mr. Hadley S. Robbins has been appointed as President, Chief Executive Officer, Director of the Company and Columbia Bank. He joined Columbia Bank as Senior Vice President and Oregon Group Manager in April 2013, when Columbia acquired West Coast Bancorp, where Mr. Robbins had served as Executive Vice President and Chief Credit Officer since 2007. Mr. Robbins has 38 years of banking experience and has held senior and executive positions with Wells Fargo Bank and community banks in the Pacific Northwest.

Clint Stein

Mr. Clint E. Stein is Chief Financial Officer, Chief Operating Officer, Executive Vice President of the Company. He was appointed as the acting Chief Financial Officer following the retirement of the former Chief Financial Officer. Mr. Stein joined Columbia in December 2005, when he assumed the role of Senior Vice President and Chief Accounting Officer. He is a Certified Public Accountant and has over 20 years of banking, finance and accounting experience.

Greg Sigrist

Mr. Greg Sigrist has been appointed Chief Financial Officer, Executive Vice President of the Company effective on July 1, 2018. Mr. Sigrist achieved many career milestones culminating in his 2014 appointment as Chief Financial Officer of Morgan Stanley Bank, N.A., a national bank with$130 billionin assets and$4 billionin net revenues. He started his career at Morgan Stanley in 2006 as Global Head of Accounting Policy and played a pivotal role in acquiring Smith Barney from Citigroup. Following his promotion to Control Finance Director-Wealth and Investment Management in 2011, he integrated acquisitions within the firm's wealth management organization and led the effort to build out the controllership, reporting, financial planning and analysis, treasury and tax teams for Morgan Stanley Bank, N.A. Previously, he served for five years as Vice President, Corporate Accounting Policy/M&A Finance with Citigroup.

David Lawson

Mr. David C. Lawson is Chief Human Resource Officer, Executive Vice President of the Company. He joined Columbia Bank as an Executive Vice President and Director of Human Resources in July 2013. He became the Chief Human Resources Officer in October 2014. Mr. Lawson has over 30 years of human resources experience, and prior to joining Columbia Bank, he spent 11 years with Franciscan Health System. As the human resources department’s senior vice president at Franciscan Health Systems, Mr. Lawson oversaw more than six hospitals and a network of clinics and physicians in Pierce, King and Kitsap Counties with over 11,000 employees.

Andrew McDonald

Mr. Andrew L. McDonald is Chief Credit Officer, Executive Vice President of the Company. He joined Columbia Bank as an Executive Vice President and Chief Credit Officer in June 2004. Prior to joining Columbia Bank, Mr. McDonald was a Senior Vice President and Team Leader at US Bank. His experience in banking spans 30 years and includes senior credit officer positions with US Bank and West One Bank, as well as managing US Bank’s Media & Telecommunications group and South Puget Sound Commercial Banking group. Mr. McDonald previously held lending positions with Mellon Bank and Security Pacific.

Brock Lakely

Mr. Brock Lakely is appointed as Senior Vice President, Chief Accounting Officer of the company effective June 1, 2018. He joined the Company as Regulatory Reporting Officer in September 2011 and was promoted to Financial Reporting Manager in July 2014. Prior to Columbia, he spent nearly five years as a senior accountant and senior financial reporting analyst for Russell Investments. He began his career at Ernst & Young as a staff and senior auditor for private and public companies in several industries including banking. He is a Certified Public Accountant and holds an MBA from Oklahoma State University and a bachelor’s degree in accounting from Southwestern Oklahoma State University.

Kumi Baruffi

Ms. Kumi Yamamoto Baruffi is Executive Vice President, General Counsel of the Company. She was a shareholder and member of Graham & Dunn, PC's board of directors and financial services team, focusing on mergers and acquisitions, corporate governance, and regulatory compliance. She holds a law degree from Boston University School of Law and a Bachelor of Arts from Wellesley College.

David Dietzler

Mr. David A. Dietzler is Independent Director of the Company. He served as a director of West Coast Bancorp prior to the acquisition of West Coast Bancorp by Columbia. Mr. Dietzler was managing partner of KPMG LLP’s office in Portland, Oregon before retiring in 2005 after 37 years of service. He earned his MSBA from the University of North Dakota. Mr. Dietzler has extensive experience auditing public companies and working with audit committees, and gained significant expertise in SEC reporting, financial statement preparation, internal control and compliance requirements. Mr. Dietzler has been a director of Portland General Electric Company since 2006 serving as Chair of the Audit Committee until May 2015 and remains a member of the Audit and Nominating and Corporate Governance Committees. Mr. Dietzler’s expertise in compliance matters as well his experience serving on multiple audit committees make him a valuable resource to the Board. Mr. Dietzler is considered one of the Board’s designated audit committee financial experts.

Ford Elsaesser

Mr. Ford Elsaesser is Independent Director of the Company. He was a member of the Intermountain board of directors from 1997 until its acquisition by Columbia, serving as its Chairman from May 2013. An attorney with extensive experience with financial service companies, Mr. Elsaesser is a senior partner at Elsaesser Jarzabek Anderson Elliott & Macdonald, a Sandpoint, Idaho-based law firm founded in 1979. His practice focuses on commercial law and banking, civil litigation, bankruptcy and trusteeships and receiverships. He has served as Adjunct Professor at St. John’s University School of Law since 2003, and on the Advisory Board of the University’s Bankruptcy Program since 1999. He has also served as an Adjunct Professor at the University of Idaho Law School since 2005. A graduate of Goddard College and the University of Idaho Law School, Mr. Elsaesser has served as Chairman of the Lake Pend Oreille Commission since 2003 and is also a Director of Food for Our Children, Bonner General Health Hospital, and the American Bankruptcy Institute. His knowledge of and contacts within the local Idaho market, as well as his legal experience, make him a valuable resource to the Board.

Mark Finkelstein

Mr. Mark A. Finkelstein is Independent Director of the Company. He has served since September 2014 as the Chief Legal and Administrative Officer at Blucora, Inc., where he oversees the company’s legal and compliance functions and advises on legal and corporate strategy matters. From December 2011 through July 2014, he served as Executive Vice President – Corporate Development and General Counsel of Emeritus Corporation, an NYSE-listed healthcare company with over 30,000 employees, and as the Corporate Secretary of Emeritus from May 2012 through July 2014. Prior to joining Emeritus, Mr. Finkelstein served as a strategy advisor for private investment management firms in the United States and Europe and as the chief executive officer and a member of the board of directors of Novellus Capital Management, a specialized asset management firm. From 1986 to 2006, he practiced law with the Seattle law firm of Graham & Dunn, P.C., where he specialized in mergers and acquisitions, complex financing strategies and other corporate transactions involving financial service companies. Mr. Finkelstein received his B.A. with High Honors in Economics from The University of Michigan and his J.D. from The University of Michigan Law School.

John Folsom

Mr. John P. Folsom is Independent Director of the Company. He served as President of Brown & Brown, Inc. of Washington, formerly Raleigh, Schwarz & Powell (insurance brokers and consulting), Tacoma, Washington, from 1990 through December 31, 2006. Mr. Folsom received his served as President of Brown & Brown, Inc. of Washington, formerly Raleigh, Schwarz & Powell (insurance brokers and consulting), Tacoma, Washington, from 1990 through December 31, 2006. Mr. Folsom received his professional designation in underwriting and risk management and currently serves as an independent consultant on insurance and risk management matters. Mr. Folsom earned his B.S. degree from the University of Washington and his J.D. from the University of California. He was also a past member of the California and American Bar Association. Mr. Folsom is a resident of Pierce County, and has served many community organizations, including as Emeritus Director of the Tacoma Art Museum and Director of MultiCare Health System. He also currently serves as a Director of MultiCare Health System, as a member of the University of Washington – Tacoma Urban Studies Advisory Board, and as a Director and Vice President of The Children’s Museum.

Eric Forrest

Mr. Eric S. Forrest is Independent Director of the company. He has served as a Director of Pacific Continental and Pacific Continental Bank since June 2014. He was a founding member of Pepsi Northwest Bottlers and previously served on its Board of Directors. Mr. Forrest chairs the Oregon Beverage Recycling Board, which he also co-founded, and is a member of the Pepsi-Cola Bottlers Association Board of Directors. Mr. Forrest holds a B.S. from Oregon State University in Organizational Communication and an MBA from Willamette University’s Atkinson School of Management.

Thomas Hulbert

Mr. Thomas M. Hulbert is Independent Director of the Company. He has been President and Chief Executive Officer of Hulco, Inc., Olympia, Washington, a family- held real estate holding and investment company focusing on the acquisition, management and sale of properties within Washington state since 1979. He was also President and Chief Executive Officer of Winsor Corporation, a Seattle-based research and development company specializing in lighting technologies from 1996 to 2013. Mr. Hulbert’s business experience also includes serving as President and Chief Executive Officer of a manufacturing company and supervising the operations of a timber contracting and logging company in Montana and Washington. He has served on numerous boards of local private companies, and his leadership experience and knowledge of real estate investment provides a valuable resource to the Board.

Michelle Lantow

Ms. Michelle M. Lantow is Independent Director of the Company. She served as Chief Administrative Officer at New Season’s Market, LLC from July 2012 to September 2016, where she was responsible for all financial reporting, accounting, cash management, information technology and strategic planning. She was elected as a Director of New Season’s Market, LLC in September 2016 and as a Director of Sizzle Pie Empire LLC in August 2016. From 2010, she served as the Chief Financial Officer of McCormick & Schmick’s, a locally owned restaurant company established in 1970 and owning over 80 restaurants until the company was sold in 2012. As the Chief Financial Officer, Ms. Lantow was responsible for all financial reporting associated with a public company, in addition to human resources and information technology functions. Prior to that time, Ms. Lantow worked at lucy activewear, Inc., an apparel company that designs and sells fashion-forward performance apparel for athletic women, serving as the President from 2007 to 2009 and the Chief Financial Officer from 2000 to 2007. During the period 1995 to 2000, Ms. Lantow served as the Corporate Controller and Vice President of Investor Relations with The Gap, Inc., a diversified international specialty retailer. Ms. Lantow holds a BA in Business Economics from the University of California. She is active in her community and is a member of the Multnomah County Library Foundation. She also serves on the advisory board of the Portland State University’s MBA program and a member of the advisory board of the Women’s Venture Fund. Ms. Lantow’s depth of public company, strategic management and leadership experience make her a valuable resource for the Board.

Randy Lund

Mr. Randy Lund is the Independent Director of the company. Mr. Lund served as a partner for 37 years with the accounting firm KPMG and has extensive accounting and operational experience with public companies. He is a retired Certified Public Accountant in Oregon and a retired member of the American Institute of Certified Public Accountants. In his role as partner at KPMG, Mr. Lund was responsible for the audits of financial statements for a wide variety of companies, holding frequent meetings with audit committees and Securities and Exchange Commission regulators and reviewing and assessing company internal controls and corporate governance functions. He holds a Bachelor of Science degree from Montana State University and has served on the boards of directors of the Software Association of Oregon, Metropolitan Family Services and Business for Culture and the Arts. Mr. Lund’s deep expertise in the auditing and governance of public companies make him a valuable resource to the Board.

S. Mae Numata

Ms. S. Mae Fujita Numata is Independent Director of the Company. She is the founder of Numata Consulting PLLC. Since 2009, she has provided interim executive leadership services to predominantly privately-owned companies. Ms. Numata is also a former Engagement Partner with Tatum, a national CFO consulting firm. From 2006 to 2008, Ms. Numata served as the Senior Vice President/Chief Financial Officer and Corporate Secretary of Fisher Communications, Inc., a broadcasting company. From 1997 to 2006, Ms. Numata served as Vice President and Chief Financial Officer of The Seattle Times Company, and from 1993 to 1997 was a Senior Vice President of Corporate Development of KeyBank of Washington. Ms. Numata is currently a director and chair of the Audit Committee for both Oberto Sausage Company and GeoEngineers, Inc. She is a member of the Washington Society of and American Institute of Certified Public Accountants, Women Corporate Directors and National Association of Corporate Directors. She is a board member and former co-president of the board for the Executive Development Institute and current board chair for the Girl Scouts of Western Washington.

Elizabeth Seaton

Ms. Elizabeth W. Seaton is Independent Director of the Company. She is the Senior Vice President of Operations for Saltchuk Resources Inc., a family of diversified transportation and fuel distribution companies, headquartered in Seattle. Ms. Seaton served as Vice President of Strategic Planning and Corporate Development for Weyerhaeuser Company from 2008 to 2014. Her career with Weyerhaeuser spanned over twenty years, and included positions in strategic planning, capital investments and business leadership. Prior to Weyerhaeuser, she was Principal for Boston Consulting Group, a global management consulting firm. Ms. Seaton is a graduate of Princeton University, holds a J.D./M.B.A. from the University of Chicago and is a member of the California Bar. She has more than ten years of experience as a board member and advisor to a wide range of organizations, including Liaison Technologies, and she contributes to her community as the Board Chair of Planned Parenthood of the Great Northwest and Hawaii.

Janine Terrano

Ms. Janine Terrano is Independent Director of the company. She has extensive business leadership expertise and experience building companies in the technology sector. Ms. Terrano founded Business Internet Services in 1996 and grew the organization to serve the web application development needs of large commercial and government clients. In 1999, Ms. Terrano launched Topia Technology, Inc. Topia's patented solutions securely manage the movement of data between disparate platforms, components and devices, allowing commercial and government clients to connect new technologies to complex legacy systems.

William Weyerhaeuser

Dr. William T. Weyerhaeuser, Ph.D. is Independent Director of the Company. He is also a Director of eHarmony, an online dating website for singles. He is the former Chairman of Comerco, Inc., a holding company for Yelm Telephone Company, and Rock Island Company, a private investment company. He is also a former Director and Vice Chairman of the Board of Potlatch Corporation, a forest products company, and a former Director of Clearwater Paper Corporation, a forest products company. Mr. Weyerhaeuser received his undergraduate degree from Stanford University and his Ph.D. in Clinical Psychology from Fuller Graduate School of Psychology, Fuller Theological Seminary. He had a private practice in Tacoma from 1975-1998. He is a Trustee and past Chairman of the Board of the University of Puget Sound, a Director of LeMay-America’s Car Museum, Trustee and former President of the Seattle Opera Board of Trustees and past President of the Pacific Harbors Council, Boy Scouts of America. Among other past volunteer activities, Mr. Weyerhaeuser has served as President of the Board of the Tacoma Art Museum and as a Director of The Greater Tacoma Community Foundation.

Basic Compensation