Malia Wasson, who served for 10 years as president of Oregon and Southwest Washington for U.S. Bank before leaving the company earlier this year, has been elected to the board of directors of Columbia Sportswear Co.
The move increases the number of directors to 11 from ten. All but Gertrude Boyle, chairwoman, and Timothy Boyle, chief executive officer, are deemed to be outside directors.
Wasson joined U.S. Bank in 1989 following positions in commercial lending with the former Oregon Bank and Security Pacific Bank of Oregon. She will stand for election to a regular one-year term as a director at the company’s annual meeting, scheduled for May 19.
Timothy Boyle said Wasson “brings strong leadership and advisory skills to our board. I’m confident that she will be a thoughtful and staunch advocate for our shareholders, a trusted colleague of the board and a valuable advisor to management and the business.”
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In addition to its namesake Columbia brand, the company’s portfolio includes Mountain Hardwear, Sorel, Prana and Montrail. The company’s 2014 sales totaled $2.1 billion.