PORTLAND, Ore., March 5, 2019 /PRNewswire/ -- Umpqua Holdings Corporation (NASDAQ: UMPQ), parent company of Umpqua Bank, announced today that Drew Anderson has been named senior vice president, director of investor relations. Anderson, who most recently served as Umpqua's director of operational excellence, will report directly to Ron Farnsworth, chief financial officer, and oversee Umpqua's relationships with shareholders and the larger investment community.
"Drew has proven to be a skilled and effective leader in highly strategic roles throughout his career with Umpqua. He brings deep knowledge of the bank's business priorities and has been instrumental in advancing Umpqua Next Gen, our three-year vision for balanced growth, market differentiation and operational excellence," said Cort O'Haver, president & CEO of Umpqua Holdings Corporation. "We're thrilled to have Drew continue his contribution to Umpqua's success as our new director of investor relations. He'll be a terrific advisor to our executive team and a valuable resource for our shareholders."
A Certified Public Accountant, Anderson began his career with Umpqua in 2010 and quickly built a strong reputation for his analytical expertise and leadership abilities. He held a variety of ascending positions—including internal auditor, product manager, and manager of commercial bank strategy—before eventually being named Umpqua's first chief data officer. In his most recent role as director of operational excellence, Anderson oversaw key initiatives to strengthen the bank's market position and create value for shareholders. Among other responsibilities, he led a top-to-bottom organizational redesign that streamlined operations and increased efficiency, as well as simplified Umpqua's procurement process to generate additional cost savings for the bank.
Anderson is a graduate of Gonzaga University and Pacific Coast Banking School.
About Umpqua Holdings Corporation
Umpqua Holdings Corporation (NASDAQ:UMPQ) is the parent company of Umpqua Bank, an Oregon-based regional bank recognized for its entrepreneurial approach, innovative customer experience, and distinctive banking solutions. Umpqua Bank has locations across Oregon, Washington, California, Idaho and 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 Holdings Corporation is headquartered in Portland, Oregon. For more information, visit umpquabank.com.
SOURCE Umpqua Holdings Corporation