Banner appoints Ellen Boyer and John Pedersen to the Board of Directors of the Corporation and the Bank

– USA, WA –  Banner Corporation (NASDAQ: BANR), the parent company of Banner Bank, today announced the appointments of Ellen Boyer and John Pedersen to its Board of Directors effective February 24, 2021. Both were also appointed to the Board of Directors of Banner Bank.

“We are very pleased that Ellen and John are joining our boards of directors. They are both exceedingly well known and highly respected in our business communities,” said CEO, Mark Grescovich. “Ellen and John bring different strengths and valuable insights that will be of great value to our organization as we continue to position ourselves for future success.”

About Ellen Boyer

Ellen Boyer serves as CFO of Logic20/20, a business and technology consulting firm headquartered in Seattle, Washington. Before joining Logic20/20 in 2014, Boyer held CFO and/or COO roles at several companies in the Seattle area. She has more than 25 years of finance and operational experience in a variety of industries, including technology, financial services, and healthcare. Before assuming CFO/COO roles beginning in 1994, she was an Audit Senior Manager at PriceWaterhouseCoopers, where she worked for 12 years. Boyer has extensive experience in strategic planning, mergers and acquisitions, governance matters, organizational effectiveness, and audit and financial matters.

Boyer earned a bachelor’s degree from Oregon State University. She maintains an active Certified Professional Accountant license and will sit on the Audit and Compensation and Human Capital Committees.

About John Pedersen

John Pedersen was EVP and Chief Risk Officer of City National Bank from 2006 until 2019, having been promoted from the SVP role he had held since 2004. Before he retired from City National, John Pedersen accrued over three decades of progressive commercial banking credit and risk management responsibilities and significant expertise in establishing and managing risk management functions within a regional bank setting. John Pedersen is skilled in strategic planning including turn-around and growth strategies. He has a thorough understanding of many aspects of banking, including retail, small business, commercial real estate, dealer banking, consumer lending, mortgage banking, and middle-market lending.

John Pedersen began his career in government and held staff and leadership positions with the Office of the Comptroller of the Currency and the Office of Thrift Supervision. After government service, he managed a wide range of risk management activities for several financial institutions, including First Interstate Bancorp, KeyCorp, Wachovia, and Bank of the West. Active in the community, John Pedersen is involved with various philanthropic organizations that facilitate the micro-financing of small business entrepreneurs domestically and abroad.

He earned a bachelor’s degree from the University of Oklahoma. Mr. Pedersen will sit on the Risk and Credit Risk Committees.

About Banner Corporation

Banner Corporation is a $15.03 billion bank holding company operating a commercial bank in four Western states through a network of branches offering a full range of deposit services and business, commercial real estate, construction, residential, agricultural, and consumer loans.

For more information: https://www.bannerbank.com/

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Talent4Boards Team