BANR - Leadership updates

Banner Corporation ("Banner") (NASDAQ:BANR), the holding company for Banner Bank, and Pacific Financial Corporation ("Pacific Financial") (OTCQX:PFLC), the holding company for Bank of the Pacific, today jointly announced that they have entered into a definitive merger agreement. Under the terms of the agreement, Banner will acquire Pacific Financial in an all-stock transaction, subject to the terms and conditions set forth therein. Following closing, the combined company is expected to have approximately $18 billion in assets. Bank of the Pacific is a 55-year-old Washington state-chartered commercial bank serving business and consumer clients at 18 branches and offices in Western Washingt

The Banner Bank executive leadership team is expanding to include a Chief Banking Officer and Mark Borrecco has been hired to fill the role. Borrecco is overseeing the Bank's production lines of business, including commercial, commercial real estate, community banking and mortgage. He is responsible for executing on the Bank's initiatives to enhance the client experience while ensuring continuing growth and profitability across all banking divisions. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240912901687/en/Mark Borrecco, EVP & Chief Banking Officer, Banner Bank (Photo: Business Wire) "This addition to our executive leadersh

Jeffrey Armbrister, Lindy Benton-Moreno, and Connie Collingsworth join the Board of Trustees at the largest national, independent donor-advised fund public charity National Philanthropic Trust (NPT), the largest national, independent public charity that manages donor-advised funds, and one of the leading grantmaking institutions in the U.S., is pleased to announce the appointment of Jeffrey Armbrister, Lindy Benton-Moreno, and Connie Collingsworth to its Board of Trustees. "As NPT continues to grow, innovate, and advance philanthropy around the world, we welcome these three accomplished professionals to our Board of Trustees," said Eileen Heisman, CEO of National Philanthropic Trust. "N

WALLA WALLA, Wash., Oct. 28, 2021 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ:GSM), the parent company of Banner Bank, today announced the retirement of Judy Steiner, Executive Vice President and Chief Risk Officer of the Bank, effective November 25, 2021. Jim Costa has been hired to succeed Steiner as Executive Vice President and Chief Risk Officer as well as the Bank's chief banking regulatory liaison. Costa is joining the Bank immediately and will begin working with Steiner to ensure a smooth transition. Steiner joined Banner Bank in 2016, shortly after the transformational acquisition of AmericanWest which doubled the Bank's asset size. Prior to that, Steiner spent 25 years with Fi

The Banner Bank executive leadership team today announced the retirement of Craig Miller, Executive Vice President and General Counsel for Banner Corporation and its subsidiaries. Sherrey Luetjen has been promoted to those positions effective immediately. Banner Bank is part of Banner Corporation (NASDAQ GSM: BANR). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210811005924/en/Sherrey Luetjen, Executive Vice President & General Counsel, Banner Bank (Photo: Business Wire) Miller joined Banner in 2016 as Executive Vice President and General Counsel and later assumed the additional role of the company's Ethics Officer. Miller retir

LONG BEACH, Calif.--(BUSINESS WIRE)--Rocket Lab, the global leader in launch and space systems, has today announced the appointment of Merline Saintil and Jon A. Olson to its Board of Directors. Ms. Saintil and Mr. Olson bring decades of technology sector experience to Rocket Lab as the company prepares to become a publicly traded company on the Nasdaq via merger with Vector Acquisition Corporation (Nasdaq: VACQ), a special purpose acquisition company. "It is an absolute privilege to welcome Merline Saintil and Jon Olson to our Board of Directors,” said Peter Beck, Rocket Lab founder and CEO. "Having served in senior leadership roles at some of the world’s most innovative technolog