Banner Corp CFO Peter Conner to retire; Robert Butterfield named successor

BANNER CORP

Conner retiring as Banner Corp CFO effective Oct 10, 2023; as bank CFO effective April 10, 2023.
Butterfield promoted to EVP and CFO of Banner Bank effective April 11, 2023; becomes company CFO Oct 11, 2023.
Conner to serve as special advisor to CEO until April 10, 2024; receives $500K separation pay.
Butterfield previously SVP and Chief Accounting Officer; 26 years financial services experience.
Transition is part of succession planning; no disagreement over financial statements or disclosures.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Peter J. Conner

Executive Vice President and Chief Financial Officer of the Bank

BANR · BANNER CORP

Effective: 2023-04-10
Successor: Robert G. Butterfield
Filed: March 31, 2023, 7:59 PM ET

Mr. Conner will also be retiring from his position as Executive Vice President and Chief Financial Officer of the Bank, effective April 10, 2023.

Role change

Peter J. Conner

Special Advisor to the Chief Executive Officer

BANR · BANNER CORP

Filed: March 31, 2023, 7:59 PM ET

During the Transition Period, Mr. Conner will continue to work for the Company on a reduced schedule in a new role as special advisor to the Chief Executive Officer until April 10, 2024.

Departed

Peter J. Conner

Executive Vice President and Chief Financial Officer of the Company

BANR · BANNER CORP

Effective: 2023-10-10
Successor: Robert G. Butterfield
Filed: March 31, 2023, 7:59 PM ET

Peter J. Conner had informed the Company of his intention to retire from his position as Executive Vice President and Chief Financial Officer of the Company, effective October 10, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Peter J. Conner retired as Executive Vice President and Chief Financial Officer of the Bank at BANNER CORP.

Action: retired
Role: Executive Vice President and Chief Financial Officer of the Bank

Exact text from the filing

Mr. Conner will also be retiring from his position as Executive Vice President and Chief Financial Officer of the Bank, effective April 10, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.8

Peter J. Conner was appointed as Special Advisor to the Chief Executive Officer at BANNER CORP.

Action: appointed
Role: Special Advisor to the Chief Executive Officer

Exact text from the filing

During the Transition Period, Mr. Conner will continue to work for the Company on a reduced schedule in a new role as special advisor to the Chief Executive Officer until April 10, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Peter J. Conner retired as Executive Vice President and Chief Financial Officer of the Company at BANNER CORP.

Action: retired
Role: Executive Vice President and Chief Financial Officer of the Company

Exact text from the filing

Peter J. Conner had informed the Company of his intention to retire from his position as Executive Vice President and Chief Financial Officer of the Company, effective October 10, 2023.

View on SEC.gov

BANNER CORP filing history →

Source: SEC EDGAR

accession 0000939057-23-000093

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