Nov 02, 2023

Seattle Credit Union

Ribbon cutting at new Tacoma branch.

Seattle Credit Union has expanded to Tacoma's Hilltop Neighborhood. The new Hilltop branch at 824 Martin Luther King Jr Way opened on Oct. 16, and marks the credit union's second Tacoma location in just over a year. Seattle Credit Union, established in 1933, has a long-standing commitment to empower communities through providing equitable and affordable financial services. The 90-year-old organization today has 55,000 members with assets of more than $1 billion. Seattle Credit Union's newest location features a financial branch as well as a financial suite. At the Hilltop branch, members and consumers can engage with branch experts to learn about the various products and services the credit union offers. The Hilltop financial suite offers broader lending services, and business teams can meet with clients. The layout and interior design of the Hilltop branch is by JPC Architects, and construction by DP Incorporated. Richard Romero is the CEO of Seattle Credit Union.

Marchex

Seattle-based Marchex hired Holly Aglio as chief financial officer. Aglio will lead Marchex's finance and accounting organizations. Most recently, from 2021 to 2023 Aglio was chief financial officer and a member of the board of directors of NetCentrics, a technology business supporting national security, and led its 2021 acquisition by Cerberus Capital Management. Her experience at previous companies, including Govplace, Artel, and Apptis (acquired by URS), has focused on leading and growing financial operations in dynamic growth companies and industries. Aglio's career began in public accounting as an auditor for PricewaterhouseCoopers. Marchex is an AI-powered conversation intelligence company.

Nov 01, 2023

Frazier Healthcare Partners

Frazier Healthcare Partners announced that Peter Tornatore has joined the Frazier Healthcare Growth Buyout Investor Relations team as a vice president. Tornatore joins the firm from Blackstone Life Sciences where he led investor relations and business development. Prior, he was a director in the client solutions group at Blackstone where he specialized in raising capital for Blackstone's private funds in the United States. Tornatore's initial focus at Frazier will be on business development and capital formation. Founded in 1991, Frazier Healthcare Partners is a private equity firm focused exclusively on the healthcare industry. Frazier is headquartered in Seattle, and invests broadly across the U.S., Canada, and Europe.

PBCO Financial Corporation

PBCO Financial Corporation, the holding company for Medford-based People's Bank of Commerce, announced that it has made the strategic business decision to exit the residential mortgage lending market, effective November 1st. “Industry trends and the current interest rate environment have made it challenging for this division to remain profitable in recent years,” commented Julia Beattie, president & CEO. PBCO anticipates one-time termination expenses of $350 thousand during the fourth quarter of 2023 associated with severance and contract termination fees.

Oct 31, 2023

Boise Cascade

Boise Cascade announced the promotion of four of its business leaders. Troy Little has been promoted to senior vice president, finance and commodity sales, wood products. Little joined the division in 1990 as an internal auditor. He has served in a broad range of financial and operational leadership roles at several of the company's manufacturing locations. Little became division controller in 2016, financial manager in 2018, and was promoted to vice president in 2021. He holds a bachelor's degree in business administration from the College of Idaho. Joanna Barney has been promoted to senior vice president, Building Materials Distribution Western Operations. Barney joined the company's Salt Lake City branch in 2005. She was promoted to senior location controller in 2012, branch manager in 2015, general manager of Western Operations in 2021, and appointed vice president in 2022. She holds a bachelor's degree in business finance from the University of Utah. Jim Wickham has been promoted to senior vice president, Building Materials Distribution Eastern Operations. Wickham joined the company in 2008 as the branch manager in Westfield, Massachusetts. Wickham was promoted to vice president in 2022. He holds a bachelor's degree in business from Missouri State University. Nathan Sikes has been promoted to vice president, sales & marketing, Building Materials Distribution. Sikes began his career at Boise Cascade in 2006 as a sales trainee. His past positions have included product manager, sales manager, branch manager, and Southwest regional manager. Sikes holds a bachelor's degree in business management from the University of Texas at Arlington.

Lattice Semiconductor

Lattice Semiconductor announced that it has been named a Top InfoSec Innovator Awards 2023 winner by Cyber Defense Magazine. The latest version of the Lattice Sentry solution stack was recognized in the Most Innovative in Embedded Security category. The Lattice Sentry solution stack helps developers create cyber resilient system control applications compliant with NIST Platform Firmware Resiliency Guidelines across the Communications, Computing, Industrial, Automotive, and Consumer markets. Lattice solution stacks are turnkey application-specific solutions that combine reference platforms and designs, demos, IP building blocks, FPGA design tools, and custom design services to accelerate customer application development and time-to-market. This is Cyber Defense Magazine's tenth year of honoring InfoSec innovators from around the globe. Lattice Semiconductor is headquartered in Hillsboro, Oregon.

Oct 27, 2023

Symetra

Symetra Life Insurance Company announced that Fortune magazine and Great Place to Work have recognized Symetra on the 2023 Fortune Best Workplaces for Women List. This is Symetra's second consecutive appearance on the list, coming in at No. 41 among the Top 100 organizations in the large workplace category.

To determine the Best Workplaces for Women, Great Place To Work analyzed the survey responses of over 600,000 women who work for Great Place To Work Certified companies that were eligible for the list. Honorees were selected based on their ability to offer positive outcomes for women regardless of job role, race, sexual orientation, work status, or other demographic identifier. Great Place To Work analyzed the gender balance of each workplace compared with Bureau of Labor Statistics industry data. Companies are also assessed on how representation changes as women rise from front-line positions to the board of directors. Led by CEO Margaret Meister and a gender-balanced senior leadership team, Symetra was again Certified by Great Place to Work earlier this year, with 93 percent of surveyed employees saying it's a great place to work. Symetra Life Insurance Company is a subsidiary of Symetra Financial Corporation, a diversified financial services company based in Bellevue.

Teton Ridge

Teton Ridge, an omnichannel company comprised of a portfolio of brands focused on multiple facets of the American West, named Deirdre Lester as its chief executive officer. Previously, Lester was the chief executive officer of Outsider, a lifestyle and media company that celebrates the American outdoors. She joined Outsider from Barstools Sports where she served as chief revenue officer. Before joining Barstool Sports, Lester held senior leadership positions at Major League Baseball, ESPN and Yahoo! Sports. In 2016, she was named one of Forbes' 25 Most Powerful Women in Sports. Investors in Teton Ridge include Thomas Tull, Guggenheim Partners, Jim Breyer and the Lee Bass Family Office. Earlier this month, it was announced that Jillian Share, formerly president of production at eOne, had been named president of Teton Ridge Entertainment, a division of Teton Ridge. Teton Ridge's portfolio of brands is comprised of Western-focused properties in the sports, media, entertainment, lifestyle, and equine spaces. The company's primary office is in Tetonia, Idaho.