Leadership changes announced at Zions Bank, Zions Bancorporation

After 33 years with Zions Bank — 26 as CEO and president — A. Scott Anderson has announced his retirement from active managerial duties with the bank. He will remain with the bank as non-executive chairman of Zions Bank, parent company Zions Bancorporation’s largest banking division.

Paul E. Burdiss, who has served as Zions Bancorporation’s executive vice president and chief financial officer since 2015, will succeed Anderson as president and CEO of Zions Bank.

The banking firm also announced that R. Ryan Richards will replace Burdiss as executive vice president and chief financial officer of Zions Bancorporation, having served as the company’s corporate controller for the past two years. Thomas E. Laursen, Zions Bancorporation’s general counsel, will also retire and be succeeded by Rena Miller, who is currently the company’s deputy general counsel.

“It’s with more than the usual measure of appreciation that I extend my heartfelt thanks to Scott Anderson for his years of service to Zions Bank,” said Harris H. Simmons, Zions Bancorporation’s chairman and CEO. “Scott Anderson came to Zions 33 years ago from a prominent role at Bank of America, and in the years since, his leadership has been instrumental in the bank’s becoming Utah’s leading full-service commercial bank, with a strong presence in Idaho and Wyoming. He has also been a community leader without equal, serving on nonprofit boards too numerous to count, and contributing his time, talents, and prodigious energy in tackling important challenges, both locally and nationally. I’m pleased that he’ll be continuing in a part-time role in helping to serve the needs of our community.”

Simmons continued, “All of us at Zions Bancorporation are also deeply grateful for the wisdom and leadership demonstrated by Thom Laursen, who has expertly helped us navigate the many statutory and regulatory issues attendant to both our growth and the evolving legal landscape in the banking industry.”

“I’m pleased that each of these executive roles are being filled with highly qualified members of our own team,” Simmons concluded.

Burdiss previously served as corporate treasurer at SunTrust Banks Inc. in Atlanta, and before that was executive vice president, treasurer, and director of investor relations at Comerica Inc. in Dallas. Burdiss is a graduate of Michigan State University in finance and holds an MBA from the University of Michigan.

Richards was previously chief accounting officer and director of investor relations at Truist Financial Corp. in Charlotte, North Carolina, and corporate controller at SunTrust Banks Inc. in Atlanta. His previous work experience includes positions at the Financial Accounting Standards Board; KPMG LLP in Dallas and New York; the International Accounting Standards Board in London, England; the Federal Reserve Board’s Division of Banking Supervision and Regulation in Washington, D.C.; and the Bank for International Settlements, Basel Committee on Banking Supervision, in Basel, Switzerland. He graduated from Texas A&M University with a bachelor’s degree in accounting and a Master of Science in finance.

Miller was previously of counsel to Mrs. Fields Famous Brands LLC and at Jones Waldo Holbrook & McDonough. She holds bachelor’s and master’s degrees from the University of Utah, where she also received her J.D degree.