News

McDermott & Bull and Client Bank of the Cascades Announce the Placement of Brandon Elieff as the Seattle Market President

IRVINE, California, October 13, 2015 – McDermott & Bull, a premier California-based retained executive search firm, announced today the successful appointment of Mr. Brandon Elieff as the Seattle Market President with Bank of the Cascades (NASDAQ: CACB).  With more than $2.4 billion in assets, Bank of the Cascades provides a full suite of private and commercial banking services to its customers through a 37-branch network in Oregon and Idaho, along with loan operations in Washington.

McDermott & Bull’s robust search process identified 270 candidates throughout the Pacific Northwest, presenting six elite candidates to Bank of the Cascades’ executive management team.  This executive recruiting engagement was conducted by Brandon Biegenzahn and Rod McDermott, Co-Chairs of the Banking Practice at McDermott & Bull Executive Search.  According to Mr. Biegenzahn, “Brandon is an extremely strong hybrid of business developer, relationship manager, and motivator of people, with a hardwired desire to grow an institution and continually exceed his own expectations.  His DNA, coupled with his track record of success, makes him an ideal fit to lead Bank of the Cascades’ further expansion into the competitive Seattle market.”

Mr. Elieff joins Bank of the Cascades from Northwest Bank, where he served as the bank’s Seattle Market President, responsible for leading their build-out in the Seattle market.  Prior to Northwest Bank, Mr. Elieff served as Northern Trust’s Pacific Northwest Senior Lender and was responsible for the oversight of the entire lending and deposit services staff as well as overseeing a $250 million loan portfolio.  Brandon received his Bachelor’s Degree from the University of Washington, and his MBA from Penn State’s Smeal College of Business.

About Bank of the Cascades

Cascade Bancorp (NASDAQ: CACB), headquartered in Bend, Oregon, and its wholly owned subsidiary, Bank of the Cascades, operate in Oregon and Idaho markets. Founded in 1977, Bank of the Cascades offers full-service community banking through 37 branches in Central, Southern and Northwest Oregon, as well as in the greater Boise/Treasure Valley, Idaho area. The Bank has a business strategy that focuses on delivering the best in community banking for the financial well-being of customers and shareholders. It executes its strategy through the consistent delivery of full relationship banking focused on attracting and retaining value-driven customers. For further information, please visit our website at www.botc.com.

About McDermott & Bull

McDermott & Bull, Inc. (www.mbsearch.com) is a retained executive search firm headquartered in Irvine, California. The firm serves both public and privately held clients in a variety of industries and functional areas. McDermott & Bull has developed expertise in fields including Aerospace & Defense, Banking, Technology, Financial Services, Consumer Products, Industrial Manufacturing, Restaurants/Retail, Entertainment, Food Manufacturing, Healthcare and Life Sciences, the Engineering & Construction / Building Industry, Professional Services, and other areas. Founded by Rod McDermott and Chris Bull, the firm specializes in recruiting difficult-to-find and critical senior level talent for its clients. McDermott & Bull has worked with a large number of prestigious clients including Broadcom, Cisco Systems, First Republic Bank, Western Digital, Golden State Foods, Kaiser Aluminum, Maxwell Technologies, Kraco Enterprises, Google, Ducommun, AECOM, Newport Corporation, Panda Restaurant Group, Honda Center/Anaheim Ducks, Comerica Bank, Union Bank, and the Motion Picture Industry Pension & Health Plans.