Market Overview

Pacific Continental Corporation Elects Jeff Pinneo to Board of Directors

Pacific Continental Corporation (Nasdaq: PCBK), the holding company of Pacific Continental Bank, announced today that Jeffrey D. Pinneo was recently elected to serve on the board of directors for both organizations. Pinneo's election to the respective boards expands the number of current directors from seven to eight.

Pinneo, 56, currently serves as CEO of Medical Teams International, a Portland, Oregon-based global health organization helping people affected by disaster, conflict and poverty throughout the world. Prior to joining Medical Teams International in 2012, Pinneo served as the chief executive officer and president of Horizon Air. In June 2010, he retired after serving nearly 29 years with Alaska Air Group companies, Alaska Airlines and Horizon Air. During his tenure with Alaska Air Group, Pinneo guided both organizations through market expansion, revenue growth, extended service reach, and increased brand awareness. Under his leadership, Horizon Air was named the 2007 Regional Airline of the Year by Air Transport World.

While Pinneo is best known for his professional work in the airline industry, he has devoted a great deal of time to widely respected charitable organizations, including Medical Teams International where he has served on the board since 2008. Pinneo has also served on the advisory boards of Seattle Pacific University Center for Integrity in Business, Washington State University College of Business, and Point Loma Nazarene University.

"We are extremely pleased to announce the election of Jeff Pinneo to our board of directors. Jeff's extensive experience and strategic skill set adds additional depth to our organization," said Hal Brown, Pacific Continental's chief executive officer. "His executive leadership experience provides us with additional perspective that will assist Pacific Continental in executing its strategic initiatives."

About Pacific Continental Bank

Pacific Continental Bank, the operating subsidiary of Pacific Continental Corporation, delivers highly personalized services through 14 banking offices in Oregon and Washington. The Bank also operates a loan production office in Tacoma, Washington. With $1.3 billion in assets, Pacific Continental has established one of the most unique and attractive metropolitan branch networks in the Northwest with offices in three of the region's largest markets including Seattle, Portland and Eugene. Pacific Continental targets the banking needs of community-based businesses, health care professionals, professional service providers and nonprofit organizations.

Since its founding in 1972, Pacific Continental Bank has been honored with numerous awards and recognitions from highly regarded third-party organizations including The Seattle Times, the Portland Business Journal and Oregon Business magazine. A complete list of the company's awards and recognitions – as well as supplementary information about Pacific Continental Bank – can be found online at www.therightbank.com. Pacific Continental Corporation's shares, a component of the Russell 2000 Index, are listed on the Nasdaq Global Select Market under the symbol "PCBK."

Posted-In: News Management

 

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