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Sterling Financial Corporation Appoints Paula E. Boggs and Maria M. Pope to Board of Directors

  Sterling Financial Corporation Appoints Paula E. Boggs and Maria M. Pope to
  Board of Directors

Business Wire

SPOKANE, Wash. -- June 20, 2013

Sterling Financial Corporation (NASDAQ:STSA) (“Sterling”) today announced that
Paula E. Boggs and Maria M. Pope have been appointed to Sterling’s board of
directors.

“Both Paula and Maria have distinguished professional careers and significant
board and management experience, including Paula's deep legal and governmental
experience and Maria's strong finance and operations background. Sterling’s
board will be strengthened and enhanced by their membership and
contributions,” said Sterling’s chairman of the board Leslie S. Biller.

Boggs is the founder and member of Boggs Media, LLC, a business that manages
her music, speaking and other creative business activities. She served as
executive vice president, general counsel and secretary, law and corporate
affairs at Starbucks Corporation from 2002 to 2012. Her prior professional
experience includes serving as vice president, legal, for products, operations
and technology at Dell Computer Corporation and as a partner at the law firm
of Preston Gates & Ellis, LLP. She also had a 14-year career in public
service, including serving as an assistant U.S. attorney and in various
capacities as an attorney for the U.S. Army, the Department of Defense and the
White House Office of Legal Counsel. Boggs currently serves as a director of
School of Rock, LLC and as a trustee at Johns Hopkins University. She is a
graduate of the University of California at Berkeley School of Law, and earned
a bachelor’s degree from Johns Hopkins University.

Pope has served as senior vice president of power supply, operations, and
resource strategy of Portland General Electric Company ("PGE"), a publicly
traded, integrated electric utility company, since March 2013. Prior to that,
she served as the chief financial officer of PGE from 2009 until 2013 and
served on its board from 2006 until her appointment as CFO in 2009. Her
previous professional experience includes serving as chief financial officer
of Mentor Graphics Corporation, as chief financial officer and in other
executive roles for Pope & Talbot, Inc. Pope currently serves as a director of
Pope Resources and served as a director of TimberWest until 2013. She holds an
MBA from Stanford University and a bachelor’s degree from Georgetown
University.

About Sterling Financial Corporation

Sterling Financial Corporation (NASDAQ:STSA) of Spokane, Washington, is the
bank holding company for Sterling Savings Bank, a Washington state chartered
and federally insured commercial bank. Sterling Savings Bank does business as
Sterling Bank and, in California, as Sonoma Bank and Borrego Springs Bank.
Sterling offers banking products and services, mortgage lending, and trust and
investment products to individuals, small businesses, corporations and other
commercial organizations. As of March 31, 2013, Sterling had assets of $9.26
billion and operated depository branches in Washington, Oregon, Idaho and
California. Visit Sterling’s website at www.bankwithsterling.com.

Contact:

Sterling Financial Corporation
Media contact:
Cara L. Coon, 509-626-5348
cara.coon@bankwithsterling.com
or
Investor contact:
Patrick Rusnak, 509-227-0961
patrick.rusnak@bankwithsterling.com
 
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