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ZIONS BANCORPORATION /UT/ FILES (8-K) Disclosing Change in Directors or Principal Officers

July 18, 2014

ITEM 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.



Election of Director

(d) On July 17, 2014, the Board of Directors (the "Board") of Zions Bancorporation (the "Company") elected Edward F. Murphy to serve on the Board. Mr. Murphy will fill a vacancy on the Board and will hold office until the Company's next annual meeting of shareholders. He was also appointed to serve on the Risk Oversight Committee and Audit Committee of the Board. Mr. Murphy served as Chief Financial Officer of the Federal Reserve Bank of New York and Executive Vice President of its Corporate Group from 2005 through 2013. He previously held a number of positions at JPMorgan Chase & Co.

There are no arrangements or understandings between Mr. Murphy and any other person in connection with his election to the Board. There are no transactions between Mr. Murphy and the Company or any of its subsidiaries that are reportable under Item 404(a) of Regulation S-K.

As a nonemployee director, Mr. Murphy will receive cash compensation and will participate in the Company's director stock program. Further information about nonemployee director compensation is included in the Company's proxy statement filed with the Securities and Exchange Commission on April 17, 2014.


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Source: Edgar Glimpses


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