SALT
LAKE CITY, Feb. 23, 2024 /PRNewswire/ -- Zions
Bancorporation (NASDAQ: ZION) today announced several leadership
changes which will become effective on April
1, 2024, at Zions Bank, Zions Bancorporation's largest
banking division, and at the parent company:
- A. Scott Anderson, who has
served as president and CEO of Zions Bank since 1998, will retire
from his managerial duties following a 33-year career with the
bank. Scott will become non-executive chairman of Zions Bank.
- Paul E. Burdiss, who has served as Zions Bancorporation's
executive vice president and chief financial officer since 2015,
will succeed Mr. Anderson as president and CEO of Zions Bank.
- R. Ryan Richards will become
executive vice president and chief financial officer of
Zions Bancorporation, having served as the company's corporate
controller for the past two years.
- Thomas E. Laursen, Zions
Bancorporation's general counsel, will retire and be succeeded by
Rena Miller, who is currently the
company's deputy general counsel.
Harris H. Simmons, Zions
Bancorporation's Chairman and CEO, stated, "It's with more than the
usual measure of appreciation that I extend my heartfelt thanks to
Scott Anderson for his years of
service to Zions Bank. Scott
Anderson came to Zions 33 years ago from a prominent role at
Bank of America, and in the years since, his leadership has been
instrumental in the bank's becoming Utah's leading full-service commercial bank,
with a strong presence in Idaho
and Wyoming. He has also been a
community leader without equal, serving on non-profit boards too
numerous to count, and contributing his time, talents, and
prodigious energy in tackling important challenges, both locally
and nationally. I'm pleased that he'll be continuing in a part-time
role in helping to serve the needs of our community."
Mr. Simmons continued, "All of us at Zions Bancorporation are
also deeply grateful for the wisdom and leadership demonstrated by
Thom Laursen, who has expertly
helped us navigate the many statutory and regulatory issues
attendant to both our growth and the evolving legal landscape in
the banking industry."
Mr. Simmons said, "I'm pleased that each of these executive
roles are being filled with highly qualified members of our own
team:
- Paul Burdiss has served very capably as our chief
financial officer for the past nine years, having previously served
as corporate treasurer at SunTrust Banks, Inc. in Atlanta, and before that as executive vice
president, treasurer, and director of investor relations at
Comerica, Inc., in Dallas. Mr.
Burdiss is a graduate of Michigan State
University in finance, and holds an MBA degree from the
University of Michigan.
- Ryan Richards has served as our
corporate controller for three years, and was previously chief
accounting officer and director of investor relations
at Truist Financial Corporation in Charlotte, NC, and corporate controller at
SunTrust Banks, Inc. in Atlanta.
His previous work experience includes positions at the Financial
Accounting Standards Board; KPMG L.L.P. in Dallas and New
York; the International Accounting Standards Board in
London, England; the Federal
Reserve Board's Division of Banking Supervision and Regulation in
Washington, D.C.; and the Bank for
International Settlements, Basel Committee on Banking Supervision,
in Basel, Switzerland. He
graduated from Texas A&M University
with a bachelor's degree in accounting and a Master of Science in
finance.
- Rena Miller has served in legal
roles with Zions Bancorporation for 14 years, including as deputy
general counsel since 2015. She was previously of counsel to Mrs.
Fields Famous Brands, LLC and at Jones Waldo Holbrook &
McDonough, both in Salt Lake City.
She holds bachelor's and master's degrees from the University of Utah, where she also received her J.D
degree."
Mr. Simmons concluded, saying "I look forward to working with
these trusted colleagues, and know they will bring a great deal of
energy, and fresh perspectives and insights in their new
roles."
Zions Bancorporation, N.A. is one of the nation's premier
financial services companies with 2023 net revenue of $3.1 billion and approximately $87 billion in total assets. Zions operates under
local management teams and distinct brands in 11 western states:
Arizona, California, Colorado, Idaho, Nevada, New
Mexico, Oregon,
Texas, Utah, Washington, and Wyoming. The Bank is a consistent recipient of
national and state-wide customer survey awards in small and
middle-market banking, as well as a leader in public finance
advisory services and Small Business Administration lending. In
addition, Zions is included in the S&P 500 and NASDAQ Financial
100 Indices. Investor information and links to local banking brands
can be accessed at zionsbancorporation.com.
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SOURCE Zions Bancorporation
