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Umpqua Bank Appoints Judi Giem as Executive Vice President, Chief Human Resource Officer

1. Umpqua Bank appointed Judi Giem as Chief Human Resource Officer. 2. Giem will oversee human resources for Umpqua Bank's anticipated growth. 3. Umpqua is set to employ 6,500 associates after acquiring Pacific Premier Bank. 4. Giem brings over 20 years of HR expertise from various financial institutions. 5. Umpqua Bank is renowned for customer service and community engagement.

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Why Bullish?

The appointment of a seasoned HR leader can enhance Umpqua's operational efficiency, especially during expansion. Historical precedents show that strengthened HR strategies often correlate with positive financial performance, as seen during periods of growth for banks like KeyCorp and others who hired experienced executives during acquisitions.

How important is it?

Giem's background in HR and previous successes suggest she will significantly influence Umpqua's organizational culture and employee engagement, essential for driving future growth. Combined with the strategic acquisition of Pacific Premier Bank, Giem's leadership may lead to improved operational efficiencies, ultimately impacting COLB’s stock performance.

Why Long Term?

The implications of Giem's hiring and the accompanying growth will unfold over the long term as Umpqua integrates its workforce and develops new strategies. Similar past acquisitions in the banking sector, such as those involving Regions Bank and Santander, typically led to sustained improvements over years rather than immediate changes.

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PACW
, /PRNewswire/ -- Umpqua Bank, a subsidiary of Columbia Banking System, Inc. (Nasdaq: COLB), today announced the appointment of Judi Giem to serve as Executive Vice President, Chief Human Resource Officer, effective June 2, 2025. As a member of Umpqua Bank's executive leadership team, Giem will oversee the bank's full human resource function, including talent recruiting and retention, professional development, compensation and benefits and succession planning. Following the completion of a recently proposed acquisition of Pacific Premier Bank, an $18B bank in Irvine, California, Umpqua Bank will employ roughly 6,500 associates across eight western states and hold $70B in assets. "Judi is an accomplished executive who's helped multiple financial institutions enhance the excellence of their HR and culture programs through periods of transition and rapid growth," said Clint Stein, Umpqua Bank CEO. "She's a terrific fit for our growing bank, and we are excited to have someone with her background and experience help us build toward the future." Giem brings to her new role more than 20 years of comprehensive human resource leadership experience for publicly traded companies, including overseeing the workforce and cultural integration of multiple newly combined companies. She most recently served as Chief Human Resource Officer at Tri-Counties Bank, where she led all HR functions and served on the executive leadership team. Prior to that role, Giem oversaw talent management at Banner Bank and was responsible for talent recruiting, acquisition and retention, as well as cultural assimilation initiatives following the bank's significant growth through acquisition. She has also led organizational planning and implementation of human capital programs to support cultural engagement and acquisitive growth at other publicly traded companies and banks in California and Washington, including Sterling Bank, acquired by Umpqua Bank in 2014. Giem holds a BA in Organizational Development from Whitworth University and earned her MA in Organizational Leadership from Gonzaga University. About Umpqua BankUmpqua Bank, a subsidiary of Columbia Banking System, Inc. (Nasdaq: COLB), is an award-winning regional financial institution supporting businesses of all sizes and consumers across eight western states. Headquartered in Lake Oswego, Oregon, with more than $50 billion in assets, Umpqua is the largest Northwest-based and third largest publicly traded bank on the West Coast. Through a network of nearly 300 branches and a full suite of commercial and retail capabilities, Umpqua is taking its celebrated brand of relationship banking across the West into some of the most dynamic and economically vibrant markets in the country. For its commitment to exceptional customer service and thriving communities, Umpqua has been named one of "Oregon's Most Admired Companies" for 20 straight years. SOURCE Umpqua Bank WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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