Banner Corporation Announces Management Succession Plan.Business Editors WALLA WALLA Walla Walla (wŏl`ə wŏl`ə), city (1990 pop. 26,478), seat of Walla Walla co., SE Wash., at the junction of the Walla Walla River and Mill Creek, near the Oregon line; inc. 1862. , Wash.--(BUSINESS WIRE)--March 22, 2002 Banner Corporation (Nasdaq:BANR BANR Board on Agriculture and Natural Resources ) announced that D. Michael Jones Mike or Michael Jones may refer to: In sports:
Gary Sirmon, Banner Corporation's current President and CEO, will assume the position of Chairman of the Board, replacing Dean W. Mitchell, who will remain on the Board. "The Board and management are excited about the expertise and potential that Michael brings to our organization. His experience with and knowledge of banking, finance, accounting and the economies of the Pacific Northwest is exceptional," said Gary Sirmon, President and CEO. "Michael was formerly the president of West One Bancorp, Boise, Idaho “Boise” redirects here. For other uses, see Boise (disambiguation). Boise is the capital and most populous city of the U.S. state of Idaho. It is the county seat of Ada County and the principal city of the Boise metropolitan area. , and Old National Bancorporation, Spokane, Washington Spokane (pronounced [spoʊ̯ˈkæn]) is a city located in Eastern Washington. The seat of Spokane County, Spokane is the metropolitan center of the Inland Northwest, the second largest city in Washington state, and . His success in leading and growing commercial bank franchises will most certainly be an asset to our management team as Banner continues to expand." "With these transitions, I will assume the position of Chairman of the Board and will focus on strategic direction, mergers and acquisitions, and industry affairs. I am confident that Michael Jones' leadership and banking experience, along with the management team we are building, will lead Banner to new levels of success," concluded Sirmon. Banner Corporation is the parent of Banner Bank, a Washington state chartered commercial bank, which operates a total of 39 branch offices and six loan offices in 18 counties in Washington This is a list of counties in Washington. There are thirty-nine counties in the U.S. state of Washington. Certain residents of Snohomish County consider themselves to be part of Freedom County. , Oregon and Idaho. Banner serves the Pacific Northwest region with a full range of deposit services and business, commercial real estate, construction, residential, agricultural and consumer loans. Visit Banner Bank on the web at www.banrbank.com. Statements concerning future performance, developments or events, expectations for earnings, growth and market forecasts, and any other guidance on future periods, constitute forward-looking statements, which are subject to a number of risks and uncertainties that are beyond the Company's control and might cause actual results to differ materially from the expectations and stated objectives. Factors which could cause actual results to differ materially include, but are not limited to, regional and general economic conditions, changes in interest rates and Banner's ability to successfully attract and retain key employees. Accordingly, these factors should be considered in evaluating the forward-looking statements, and undue reliance should not be placed on such statements. Banner undertakes no responsibility to update or revise any forward-looking statements. |
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