Paul Burdiss, who was named CEO of Salt Lake City-based Zions Bank in April 2024, retired at the end of the year, the bank announced in a late December release. Nate Callister, the bank’s executive vice president and executive director of commercial banking, will succeed him.
But Burdiss “has agreed to consult with the company in coming months to promote a smooth transition in leadership,” Harris Simmons, the CEO and chair of Zions Bancorporation, the bank’s holding company, said in the statement.
Burdiss joined Zions in 2015 as chief financial officer before becoming CEO in 2024. He previously worked at Dallas-based Comerica for roughly 22 years and moved to SunTrust, where he served as treasurer, according to his LinkedIn profile.
“We extend our most sincere thanks to Paul Burdiss for his years of service to the company and Zions Bank. He has been instrumental in building a very strong finance team for the company, and more recently in continuing to strengthen Zions Bank’s position as the Intermountain West’s premier banking organization,” Simmons said.
Callister is a relatively recent addition to $89 billion-asset Zions, joining the bank in June. He previously served as an executive vice president and head of Utah commercial banking at Wells Fargo, where he spent 20 years over two stints. He also worked for three years as managing director of commercial banking at Community Banks of Colorado.
Callister “brings a wealth of banking expertise and strong relationships in the community, and I wish him great success in his new role,” Simmons said.
Zions Bancorporation NA reported approximately $89 billion in total assets and annual net revenue of $3.1 billion in 2024. Zions operates under local management teams and distinct brands in 11 western states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington and Wyoming.