Umpqua Holdings Corporation Names Andrew Ognall General Counsel
April 14 2014 - 1:30PM
Business Wire
Umpqua Holdings Corporation (NASDAQ:UMPQ) has named Drew Ognall
executive vice president and general counsel, effective May 1,
2014. In this role, Ognall will report directly to CEO Ray Davis
and work closely with Umpqua’s executive management and board of
directors as part of overseeing all aspects of the company’s legal
services, as well as its compliance and BSA/AML programs. Ognall
replaces outgoing EVP and general counsel Steven Philpott, who will
be retiring at the end of April
“Drew brings a great depth of legal knowledge and expertise,
including a specialty in financial services law, that will be an
important part of Umpqua’s future as the largest community bank in
the western United States,” said Ray Davis, Umpqua Bank’s president
and CEO. “After working with him for many years, I know Drew will
be a terrific asset as Umpqua continues to grow and I’m pleased to
welcome him in this new role.”
Before joining Umpqua, Ognall was a shareholder and member of
Lane Powell PC’s board of directors, focusing on securities,
corporate governance, mergers and acquisitions, corporate finance,
executive compensation and general business matters, with an
emphasis on financial institutions. Previously, Ognall was with
Roberts Kaplan LLP for 14 years, rising from a summer associate to
partner and member of the executive committee. Ognall has a law
degree from Lewis & Clark College Northwestern School of Law
and a Bachelor of Arts in History and Government from Cornell
University. In 2014, Ognall was named one of “The Best Lawyers in
America®” in Banking and Finance and recognized by Chambers USA:
America’s Leading Lawyers for Business for his corporate/M&A
work.
About Umpqua Bank
Umpqua Bank, headquartered in Roseburg, Ore., is a subsidiary of
Umpqua Holdings Corporation with locations between California’s
Central Coast and the Puget Sound, along the Oregon and Northern
California Coast, and in Central Oregon and Northern Nevada. Umpqua
Bank has been recognized for its innovative customer experience and
banking strategy by national publications including The Wall Street
Journal, The New York Times, BusinessWeek, Fast Company and CNBC.
The company has been recognized for the past eight years in a row
on FORTUNE magazine’s list of the country’s “100 Best Companies to
Work For,” and was recently named by The Portland Business Journal
the Most Admired Financial Services Company in Oregon for the ninth
consecutive year. In addition to its retail banking presence,
Umpqua Bank owns Financial Pacific Leasing, Inc., a nationally
recognized commercial finance company that provides equipment
leases to small businesses.
Umpqua Holdings also owns a retail brokerage subsidiary, Umpqua
Investments, Inc., which offers services through Umpqua Bank stores
and in dedicated offices throughout Oregon. Umpqua’s Wealth
Management Division serves high net worth individuals and
nonprofits by providing customized financial solutions and
offerings. Umpqua Holdings Corporation is headquartered in
Portland, Ore. For more information, visit www.umpquabank.com.
for Umpqua HoldingsTom Biro, 206-686-6420 or
862-485-0711Tom@allisonpr.com
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