Zions Bancorporation Announces Retirement Of George M. Feiger And Prospective Appointment Of Julie G. Castle As CEO Of Contango Capital Advisors, Inc.

News provided by

Feb 26, 2013, 01:56 ET

SALT LAKE CITY, Feb. 26, 2013 /PRNewswire/ -- Zions Bancorporation (NASDAQ: ZION) ("Zions" or "the Company") today announced the upcoming retirement of George M. Feiger, Chief Executive Officer of Contango Capital Advisors, Inc. – a wholly owned wealth management subsidiary of Zions – and his succession by Julie G. Castle, who currently serves as Contango's Chief Operating Officer. The change will become effective June 3, 2013. Mr. Feiger has accepted an appointment as Dean of Aston Business School at Aston University in Birmingham, England. His service there will commence upon his retirement from Contango and Zions.

Harris H. Simmons, Zions Bancorporation's Chairman and CEO, stated, "We are very appreciative of George's service to the Company for nearly a decade. He has assembled a strong team of wealth advisors, and has made great progress in building a first-class organization serving the needs of our clients throughout the western United States. George has a deep understanding of markets and the domestic and international economy, and that store of knowledge will be put to good use in the academic leadership role he will be assuming at Aston University. We all join in wishing George well in the new role he will be assuming."

Julie Castle has served for the past two years as Chief Operating Officer of Contango Capital Advisors, having previously served as Executive Vice President with responsibility for the Wealth Management Division of First Interstate BancSystem, Inc. in Billings, Montana. Prior responsibilities included serving as Senior Vice President and Region Executive in several different geographies for the Premier Banking & Investments unit of Bank of America's Global Wealth and Investment Management Division. Mr. Simmons stated, "We look forward to the contributions Julie Castle will make to our business in this new role. Over the past two years she has demonstrated outstanding leadership in tailoring our product offering to our customers' needs, in rationalizing our wealth management organizational structure and in more closely integrating our wealth management business with our subsidiary banks. We are delighted that she will be assuming greater responsibilities in this new role."

Zions Bancorporation is one of the nation's premier financial services companies, consisting of a collection of great banks in select Western U.S. markets with combined total assets exceeding $50 billion. Zions operates its banking businesses under local management teams and community identities in 10 Western and Southwestern states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah and Washington. The company is a national leader in Small Business Administration lending and public finance advisory services and is a consistent recipient of numerous Greenwich Excellence awards in banking. In addition, Zions is included in the S&P 500 and NASDAQ Financial 100 indices. Investor information and links to subsidiary banks can be accessed at www.zionsbancorporation.com.