PORTLAND, Ore.--(BUSINESS WIRE)--Umpqua Bank, a subsidiary of Umpqua Holdings Corporation (UMPQ), has hired Tory Nixon as executive vice president, head of commercial banking. In this new role, he will oversee the company’s commercial lending division, focusing specifically on commercial and industrial lending in the middle market segment. Nixon will report to the president of commercial banking, Cort O’Haver.
“Tory brings terrific lending experience that will be instrumental in advancing Umpqua’s growth in the fast-growing markets Umpqua serves,” said O’Haver. “Tory’s leadership and expertise in key segments will allow us to build on the strength of Umpqua’s commercial pipeline and teams, as we continue to enhance our business and commercial banking platforms.”
Nixon brings more than twenty years of experience in the banking and financial industry to his role at Umpqua. Previously, he served as division president and managing director for California Bank & Trust in San Diego and Northern California. Nixon also served as the executive vice president and COO for the San Diego International Sports Council, hosting sporting events in the community to ignite economic development.
Nixon played for the San Francisco Forty-Niners from 1985-1989 and was a member of the Super Bowl XXIII Championship team. He holds a Master of Business Administration from the University of Southern California and is active in his community, serving most recently as a member of the California Chamber of Commerce and Bay Area Development Corporation boards of directors.
About Umpqua Bank
Umpqua Bank, headquartered in Roseburg, Ore., is a subsidiary of Umpqua Holdings Corporation, and has locations across Idaho, Washington, Oregon, California and Northern Nevada. Umpqua Bank has been acknowledged for its innovative customer experience and banking strategy by national publications including The Wall Street Journal, The New York Times, BusinessWeek, Fast Company and CNBC. The company has been recognized for eight years in a row on FORTUNE magazine's list of the country's "100 Best Companies to Work For," and was recently named by The Portland Business Journal the Most Admired Financial Services Company in Oregon for the eleventh consecutive year. In addition to its retail banking presence, Umpqua Bank owns Financial Pacific Leasing, Inc., a nationally recognized commercial finance company that provides equipment leases to small businesses.
Umpqua Holdings also owns a retail brokerage subsidiary, Umpqua Investments, Inc., which offers services through Umpqua Bank stores and in dedicated offices throughout Oregon. Umpqua's Wealth Management Division serves high net worth individuals and nonprofits by providing customized financial solutions and offerings. Umpqua Holdings Corporation is headquartered in Portland, Ore. For more information, visit http://www.umpquabank.com.