Banner Corp. in Walla Walla, Washington, will soon have a new chief financial officer.
The $15.8 billion-asset parent of Banner Bank said in a press release that longtime CFO Peter Conner plans to retire as the banking unit's finance chief on April 10 and as the parent company's top finance officer on Oct. 10. Robert Butterfield, currently the bank's chief accounting officer, will succeed Conner in both positions.
Conner joined Banner Bank as CFO in 2015 following the company's acquisition of AmericanWest Bank. He began his banking career in 1989 and progressed through several leadership positions with a variety of banks prior to joining AmericanWest as CFO in 2010.
Butterfield has more than 26 years of financial expertise, including 22 years in the financial services industry. He joined Banner Bank as chief accounting officer in 2015.
Butterfield's appointments "are a natural progression of our succession planning and facilitate a seamless transition as he has worked alongside Peter for more than seven years. In fact, he has been instrumental in our successful implementation of our corporate value creation strategy the past two years," Mark Grescovich, Banner's president and CEO, said in the release.
