UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549


FORM 8-K

CURRENT REPORT


Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934


Date of Report: September 14, 2015
(Date of earliest event reported)


Umpqua Holdings Corporation
(Exact Name of Registrant as Specified in Its Charter)


OREGON
(State or Other Jurisdiction of Incorporation or Organization)
000-25597
(Commission File Number)
93-1261319
(I.R.S. Employer Identification Number)

One SW Columbia Street, Suite 1200
Portland, Oregon 97258
(address of Principal Executive Offices) (Zip Code)

(503) 727-4100
(Registrant's Telephone Number, Including Area Code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ]    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ]    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ]    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ]    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))







Item 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(d)
On September 14, 2015, Umpqua Holdings Corporation (the “Company”) announced the appointment of Luanne Calvert to the Company’s Board of Directors beginning effective September 25, 2015. A copy of the press release is attached as Exhibit 99.1 and incorporated herein by reference. Ms. Calvert will receive the Company’s standard independent director compensation, which consists of: (i) a quarterly retainer of $17,500 payable in the form of an equity award (with up to 30% paid in cash), and (ii) eligibility for an annual equity award in 2016 with an approximate value of $40,000. Ms. Calvert will serve on the Board’s Compensation Committee and Finance & Capital Committee.





SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
UMPQUA HOLDINGS CORPORATION
(Registrant)


Dated:  September 17, 2015
By:/s/ Andrew H. Ognall
Andrew H. Ognall
Executive Vice President, General Counsel and Secretary



    






EXHIBIT INDEX

Exhibit Number
 
Description
99.1
 
Press Release dated September 14, 2015





Exhibit 99.1

Umpqua Holdings Corporation Names Virgin America Inc. CMO Luanne Calvert to Board of Directors

PORTLAND, Ore.- September 15, 2015 - Umpqua Holdings Corporation (NASDAQ:UMPQ), the parent company of Umpqua Bank, has appointed Luanne Calvert, CMO of Virgin America Inc., to its board of directors, effective September 25, 2015.
 
As chief marketing officer of Virgin America, Calvert leads the airline’s brand strategy, online marketing, public relations, social media, and in-flight content and loyalty teams, including its Elevate frequent flyer program and credit card businesses.

“Luanne brings a terrific marketing and customer experience background to Umpqua’s board of directors,” said Ray Davis, president and CEO of Umpqua Holdings Corporation. “Her innovative approach complements Umpqua’s, and will add important perspective as we continue to advance the company’s growth strategy. We are pleased to welcome her to Umpqua.”

Before joining Virgin, Calvert served as creative director at Google, where she managed the brand globally and developed innovative campaigns to bring Google products directly to consumer and business audiences. Calvert also served as a Director of Marketing at Yahoo!, Inc. where she founded Yahoo!'s buzz marketing team before the term “viral marketing” existed, and served as Vice President of Marketing at Joe Boxer Apparel, during which time the company was recognized as “Marketer of the Year” by BrandWeek.

Calvert currently sits on the boards of the SF Travel Association and of First Graduate, a college success nonprofit organization. She is an advisor to the iMedia, VentureBeat, and The Real-Time Academy organizations, and was one of PRWeek's Top Marketing Innovators in 2015. Calvert holds a Bachelor of Science degree in marketing from San Francisco State University.

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 between San Francisco, California, and Seattle, Washington, along the Oregon and Northern California Coast, Central Oregon 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, Ore. For more information, visit www.umpquaholdingscorp.com.

Contacts
Umpqua Holdings Corporation
Eve Callahan, 503-727-4188
EVP, Corporate Communications
evecallahan@umpquabank.com


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