Umpqua Bank expanded its middle-market banking division into Colorado with the addition of Shawn J. Thompson as market director. Thompson has more than 25 years of experience building teams and advising mid-size companies.
Umpqua Bank expanded into the state of Arizona by hiring Kevin Gillette to build and lead the bank’s newly formed Phoenix middle market banking office. Gillette spent the last decade launching and building Bank of the West’s commercial operations in Phoenix.
According to a study from Umpqua Bank, despite the heavy toll businesses faced last year, optimism has now surged past pre-COVID-19-pandemic levels and many companies report being well positioned for growth in the year ahead.
Umpqua Bank added Dave Ericksen to its Pacific Northwest middle market banking leadership team as senior vice president and middle market director. Prior to Umpqua, Ericksen most recently served as an enterprise banker at Key Bank.
According to a survey from Umpqua Bank that gauged the impact of the COVID-19 pandemic on small and mid-size businesses, nearly five in 10 mid-size businesses have increased spending on technology, digital transformation or automation.
Umpqua Bank named Kris Ilkov executive vice president, Southwest regional director of offices in San Diego, Reno and Las Vegas and hired Jason Antrim as senior vice president, corporate banking managing director, to lead Umpqua’s San Diego office.
Umpqua Bank is adding a corporate banking division to provide growing companies with dedicated resources and a full range of corporate banking products, including debt capital markets, international banking and treasury management. Richard Cabrera will lead the division.