EUGENE, Ore., Sept. 8, 2016 /PRNewswire/ -- Pacific Continental
Corporation (Nasdaq: PCBK), the holding company of Pacific
Continental Bank, today announced that Thomas Ellison and Duane
C. Woods, formerly board members for Foundation Bank of
Bellevue, Washington, will join
the board of directors for Pacific Continental Bank. Pacific
Continental Corporation formally closed its acquisition of
Foundation Bancorp, Inc. and its wholly-owned subsidiary,
Foundation Bank on September 6.
"Tom and Duane bring outstanding leadership and banking
expertise to our board of directors," said Roger Busse, president and chief executive
officer for Pacific Continental Bank. "Their proven organizational
stewardship and deep market knowledge will further strengthen our
outstanding board."
Mr. Woods is a founding investor of Foundation Bank and a former
senior vice president for Waste Management Inc. Mr. Ellison, also a
founding investor, is co-owner in partnership with TPG Capital and
Leonard Green Partners at Savers, Inc., a privately held
international retail chain with over 350 locations in the United States, Canada and Australia.
About Pacific Continental Bank
Pacific Continental Bank, the operating subsidiary of Pacific
Continental Corporation, delivers highly personalized services
through 14 banking offices in Oregon and Washington. The Bank also
operates loan production offices in Tacoma, Washington and Denver, Colorado. With $2.4 billion in total assets, Pacific Continental
has established one of the most unique and attractive metropolitan
branch networks in the Pacific Northwest with offices in three of
the region's largest markets including Seattle, Portland and Eugene. Pacific Continental targets the
banking needs of community-based businesses, health care
professionals, professional service providers and nonprofit
organizations.
Since its founding in 1972, Pacific Continental Bank has been
honored with numerous awards and recognitions from highly regarded
third-party organizations including The Seattle Times, Portland Business
Journal, Seattle Business magazine and Oregon
Business magazine. A complete list of the company's awards and
recognitions – as well as supplementary information about Pacific
Continental Bank – can be found online at therightbank.com. Pacific
Continental Corporation's shares are listed on the Nasdaq Global
Select Market under the symbol "PCBK" and are a component of the
Russell 2000 Index.
FOR MORE
INFORMATION
CONTACT:
|
Michael
Dunne
Public Information
Officer
541-338-1428
www.therightbank.com
Email:
michael.dunne@therightbank.com
|
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/pacific-continental-corporation-announces-thomas-ellison-and-duane-c-woods-have-joined-the-board-of-directors-300324957.html
SOURCE Pacific Continental Corporation