Clint E. Stein Named EVP, Chief Financial Officer

Melanie J. Dressel, President and Chief Executive Officer of Columbia Banking System and Columbia Bank, announced today that Clint E. Stein has been promoted to Executive Vice President and Chief Financial Officer, effective immediately.

Mr. Stein, 40, joined Columbia in 2005 as Senior Vice President and Chief Accounting Officer.  He has served as Acting Chief Financial Officer since May 10, 2012, upon the retirement of Gary R. Schminkey.  A Certified Public Accountant, Mr. Stein will continue to be responsible for the bank’s accounting and finance functions, in addition to the management of the investment portfolio and merger and acquisition analysis.

“We are delighted that, after a thorough nationwide search, we selected Clint as the best candidate for this important position on our executive team,” Ms. Dressel commented.  “Clint’s experience in finance and accounting spans over 18 years, and he has played a significant role in the growth of Columbia, including the development and implementation of the accounting processes for our FDIC assisted acquisitions.”

Prior to Columbia, Mr. Stein was Senior Vice President and Chief Financial Officer for Albina Community Bank in Portland, Oregon.  He earned a Bachelor’s degree in Accounting and Business Administration from the University of Idaho.  His post-graduate education includes the Graduate School of Bank Financial Management, and the Graduate School of Banking at the University of Wisconsin.