---
schema_version: "secwatch.filing_event.v1"
accession: "0000939057-22-000059"
form_type: "8-K"
ticker: "BANR"
cik: "0000946673"
company_name: "BANNER CORP"
filed_at: "2022-03-04T23:59:59+00:00"
generated_at: "2026-06-27T01:48:23.910444+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Banner Corp appoints Margot James Copeland and Paul J. Walsh to board; two directors retiring

## Summary
- Brent Orrico, chairman since 1999, will not stand for re-election at 2022 annual meeting.
- Merline Saintil to resign from boards effective after the 2022 annual meeting.
- Margot James Copeland (former KeyBank EVP) appointed; will serve on Compensation and Credit Risk committees.
- Paul J. Walsh (Sony, Adobe, Lenovo exec) appointed; will serve on Audit and Risk committees.
- Both new directors effective March 1, 2022; departures not due to disagreements with the company.

## SEC filing metadata
- accession: 0000939057-22-000059
- form_type: 8-K
- ticker: BANR
- cik: 0000946673
- company_name: BANNER CORP
- filed_at: 2022-03-04T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/946673/000093905722000059/0000939057-22-000059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/946673/000093905722000059/8k3322.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000939057-22-000059
- JSON: https://secwatch.observer/filing/0000939057-22-000059.json
- Plain text: https://secwatch.observer/filing/0000939057-22-000059.txt

## Key facts
- Executive change
  Merline Saintil resigned as Director at BANNER CORP.
  - Action: resigned
  - Role: Director
  source text: On March 1, 2022, Merline Saintil, a member of the Boards of the Company and the Bank, informed the Company that she will resign from the Boards effective upon the adjournment of the Company’s 2022 Annual Meeting.
  evidence_url: https://www.sec.gov/Archives/edgar/data/946673/000093905722000059/0000939057-22-000059-index.htm
- Executive change
  Margot James Copeland was appointed as Director at BANNER CORP.
  - Action: appointed
  - Role: Director
  source text: On February 28, 2022, the Boards of the Company and the Bank appointed Margot James Copeland and Paul J. Walsh as members of the Boards of Directors of the Company and the Bank.
  evidence_url: https://www.sec.gov/Archives/edgar/data/946673/000093905722000059/0000939057-22-000059-index.htm
- Executive change
  Paul J. Walsh was appointed as Director at BANNER CORP.
  - Action: appointed
  - Role: Director
  source text: On February 28, 2022, the Boards of the Company and the Bank appointed Margot James Copeland and Paul J. Walsh as members of the Boards of Directors of the Company and the Bank.
  evidence_url: https://www.sec.gov/Archives/edgar/data/946673/000093905722000059/0000939057-22-000059-index.htm
- Executive change
  Brent A. Orrico departed as Chairman of the Board at BANNER CORP.
  - Action: not stand for re-election
  - Role: Chairman of the Board
  source text: Brent A. Orrico, a member and chairman of the boards of directors (the “Boards”) of the Company and the Bank, informed the Company that he would not stand for re-election as a member of the Company’s Board at the Company’s 2022 Annual Meeting of Shareholders (“Annual Meeting”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/946673/000093905722000059/0000939057-22-000059-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.