Columbia Banking System announced the appointment of Simone Lagomarsino to its Board of Directors, effective September 1, 2026. Ms. Lagomarsino, an experienced financial services executive, will serve on the Board's Audit Committee and Enterprise Risk Management Committee.

Key Details

  • Effective Date: The appointment is effective as of September 1, 2026.
  • Committee Roles: Ms. Lagomarsino will serve on the Audit Committee and the Enterprise Risk Management Committee and is designated as an audit committee financial expert.
  • Background: She most recently served as President of First Foundation Inc. and was previously President and CEO of Luther Burbank Corporation. Her prior board service includes the Federal Home Loan Bank and the Federal Reserve Bank of San Francisco.
  • Compensation: Ms. Lagomarsino's compensation will be consistent with other non-employee directors, including a $95,000 annual cash retainer and a $115,000 annual equity retainer, prorated for 2026 service.