Umpqua Holdings Corporation Names Rilla Delorier C

PORTLAND, Ore., April 17, 2017 (GLOBE NEWSWIRE) -- Umpqua Holdings Corporation (UMPQ) announced today that it has selected Rilla Delorier as its first chief strategy officer. In this new role, Delorier will bring together Umpqua’s creative, product and technology teams to develop and implement strategies that move the company forward. 

“With a deep commitment to customer experience, a vibrant culture and brand, and the market position of a $25 billion bank, Umpqua is well positioned to build on that foundation and evolve as our customers and communities have,” said Cort O’Haver, Umpqua’s president and CEO. “Rilla is recognized nationally as a strategic and thoughtful leader and I look forward to working with her closely to accelerate our pace of progress while sustaining our uncompromising commitment to our customers, associates and communities.”

Delorier comes most recently from SunTrust Bank, where she spent 10 years in a variety of roles, including executive vice president of consumer channels, chief marketing officer and marketing director of wealth and investment management. An early adopter of digital as a transformational channel, she oversaw SunTrust’s evolution from a brick and mortar to cross-channel organization – and helped build a purpose-driven company and culture.

“Umpqua is one of the financial services industry’s most iconic companies – an organization I’ve admired and studied for years,” Delorier said. “I’m excited to be part of the talented teams who’ve built this great company as we work together to build on Umpqua’s success.”

Delorier has an MBA from Harvard Business School, a B.S. in Marketing
 and Management from The University of Virginia, and has been repeatedly recognized by American Banker as one of the Top 25 most powerful women in banking.

About Umpqua Holdings Corporation Umpqua Holdings Corporation (NASDAQ: UMPQ ) is the parent company of Umpqua Bank, an Oregon-based community bank recognized for its entrepreneurial approach, innovative use of technology, and distinctive banking solutions.  Umpqua Bank has locations across Idaho, Washington, Oregon, California and Northern Nevada. Umpqua Holdings also owns a retail brokerage subsidiary, Umpqua Investments, Inc., which has locations in Umpqua Bank stores and in dedicated offices in Oregon.  Umpqua Private Bank serves high net worth individuals and non-profits, providing trust and investment services.  Umpqua Holdings Corporation is headquartered in Portland, Oregon.  For more information, visit www.umpquabank.com .

Umpqua Contact: Eve Callahan evecallahan@umpquabank.com 503-727-4188