Umpqua Holdings Corporation (UMPQ)

17.24 +0.72 (+4.36%) At close: 04:00PM EDT

Umpqua Holdings Corporation

One SW Columbia Street
Suite 1200
Portland, OR 97204
United States
503 727 4100
https://www.umpquabank.com

Sector(s): Financial Services
Industry: Banks—Regional
Full Time Employees: 4,000

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Cort Lane O'Haver	CEO, Pres & Non-Independent Director	2.58M	N/A	1963
Mr. Ronald L. Farnsworth Jr., CPA, CPA	Exec. VP & CFO	1.11M	N/A	1971
Mr. Andrew H. Ognall	Exec. VP, Gen. Counsel & Sec.	938.7k	N/A	1972
Mr. David F. Shotwell	Exec. VP & Chief Risk Officer	837.95k	N/A	1959
Mr. Torran B. Nixon	Pres of Umpqua Bank	1.61M	N/A	1962
Ms. Lisa White	Principal Accounting Officer, Sr. VP & Corp. Controller	N/A	N/A	1983
Mr. Drew K. Anderson CPA	Chief Admin. Officer	N/A	N/A	N/A
Ms. Jacquelynne Bohlen C.F.A.	Head of Investor Relations	N/A	N/A	N/A
Ms. Sheri T. Burns	EVP & Chief People Officer	N/A	N/A	1970
Ms. Eve Callahan	Exec. VP & Chief Communications Officer of Umpqua Bank	N/A	N/A	1974

Amounts are as of December 31, 2021 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Umpqua Holdings Corporation operates as the holding company of Umpqua Bank that provides commercial and retail banking services. It operates in two segments: Core Banking and Mortgage Banking. The company offers deposit products, including non-interest bearing checking, interest bearing checking and savings, and money market accounts, as well as certificates of deposit. It also provides loans for corporate and commercial customers, such as accounts receivable and inventory financing, multi-family and equipment loans, commercial equipment leases, international trade finance, real estate construction loans, permanent financing, and small business administration program financing, as well as capital markets and treasury management products. In addition, the company offers loan products, such as commercial and industrial loans; residential real estate loans for the construction, purchase, and refinancing of residential owner-occupied and rental properties; and consumer loans comprising secured and unsecured personal loans, home equity and personal lines of credit, and motor vehicle loans. Further, it provides financial planning solutions; and online and mobile banking services. The company serves high net worth individuals and families, select non-profits, and professional services firms. As of December 31, 2021, it conducted commercial and retail banking activities at 234 locations, including 202 store locations in Oregon, Washington, California, Idaho, and Nevada; and operated 28 facilities for the purpose of administrative and other functions, such as back-office support, of which two are owned and 26 are leased. The company was founded in 1953 and is headquartered in Portland, Oregon.

Corporate Governance

Umpqua Holdings Corporation’s ISS Governance QualityScore as of May 1, 2022 is 1. The pillar scores are Audit: 2; Board: 2; Shareholder Rights: 1; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.