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STSA > SEC Filings for STSA > Form 8-K on 10-May-2013All Recent SEC Filings

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Change in Directors or Principal Officers

Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

(d) Sterling Financial Corporation ("Sterling") hereby announces that its board of directors (the "Sterling Board") has appointed Joshua D. Bresler to the Sterling Board, effective May 9, 2013. Mr. Bresler is a Managing Director of Thomas H. Lee Partners, L.P. ("THL") and will serve as a representative of THL on the Sterling Board. Mr. Bresler is expected to serve on the Sterling Board's Compensation and Governance Committee. His appointment to the Sterling Board was made pursuant to the terms of an investment agreement by and between Sterling and THL, under which THL received the right to designate a representative on the Sterling Board. The foregoing description of the investment agreement by and between Sterling and THL does not purport to be complete and is qualified in its entirety by reference to the complete copy of the investment agreement previously filed as Exhibit 10.1 to Sterling's Current Report on Form 8-K dated August 20, 2010 and incorporated by reference herein.

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