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UNION BANK COMMERCIAL BANKING EXECUTIVE ROBERT DAWSON TO RETIRE AFTER 28 YEARS WITH COMPANYWill Continue in Advisory Role to CEO Until June 2014
For Immediate Release
SAN FRANCISCO, July 15, 2013 – Union Bank, N.A., today announced that Senior Executive Vice President and Commercial Banking Group head Robert C. Dawson will retire effective July 15, 2013, after a highly successful 28 years with the company. Dawson will continue to serve as an advisor to President and Chief Executive Officer Masashi Oka through June 2014.
In addition to leading the bank’s commercial lending activities, Dawson retires as a member of Union Bank’s Executive Committee, the policy-making arm of the company comprised of key officers selected by the CEO to drive the Bank's strategy, financial direction and risk profile.
Dawson was named head of commercial banking in 2006 and has been accountable for all of the bank’s commercial lending activities. These have comprised both general commercial lending and various specialized lending niche businesses including energy, national banking, entertainment finance, commercial finance and technology finance. Union Bank has longtime roots in the Western United States as a premier lender to middle market, corporate and multinational companies and in recent years, has broadened its national outreach by opening commercial offices in New York, Dallas, Houston, Chicago and Atlanta.
“Bob and his group have been a significant and consistent contributor to the bank’s growth in earnings over the years,” said Oka. “He has built a strong management team that will build upon this success in the years to come. We will miss his expertise and commitment, and especially his strengths as a leader. I’m glad he’ll be assisting me in the coming months as he transitions to retirement.”
Prior to his most recent position, Dawson served in a variety of managerial roles for Union Bank including capital markets, communication, media and telecom, national banking and insurance finance.
He joined Union Bank in 1985 after starting his career with International Paper Company in New York City. He received his bachelor’s degree in business administration from the University of Notre Dame and his MBA from the University of Southern California. He currently serves on the board of directors for the Library Foundation of Los Angeles and also on the Corporate Advisory Board for the USC Marshall School of Business.
“It has been an honor to work at a company with such a stellar reputation in the commercial banking industry,” said Dawson. “I am always proud to say I work for Union Bank and I fully expect that tradition to continue long after I retire as the company remains committed to recruiting and retaining some of the best bankers in the country.”
About UnionBanCal Corporation & Union Bank, N.A.
Headquartered in San Francisco, UnionBanCal Corporation is a financial holding company with assets of $97 billion at March 31, 2013. Its primary subsidiary, Union Bank, N.A., is a full-service commercial bank providing an array of financial services to individuals, small businesses, middle-market companies, and major corporations. The bank operated 443 branches in California, Washington, Oregon, Texas, Illinois, and New York as well as two international offices, on March 31, 2013. UnionBanCal Corporation is a wholly-owned subsidiary of The Bank of Tokyo-Mitsubishi UFJ, Ltd., which is a subsidiary of Mitsubishi UFJ Financial Group, Inc. Union Bank is a proud member of the Mitsubishi UFJ Financial Group (MUFG, NYSE:MTU), one of the world's largest financial organizations. In July 2013, American Banker Magazine and the Reputation Institute ranked Union Bank #1 for reputation among its customers. Visit www.unionbank.com for more information.