Zions Bank is getting its second new CEO in two years.
Paul Burdiss, the Salt Lake City-based chief executive who rose to the bank’s top post in April 2024, is retiring effective Dec. 31, Zions announced Monday.
Nate Callister, the bank’s executive vice president and executive director of commercial banking, will succeed him.
But Burdiss “has agreed to consult with the Company in coming months to promote a smooth transition in leadership,” Harris Simmons, the CEO and chair of Zions’ holding company said in a release Monday.
Burdiss joined Zions in 2015 as CFO, before ascending to CEO in 2024. He previously worked at Dallas-based Comerica for roughly 22 years, and moved to SunTrust, where he served as treasurer, according to his LinkedIn profile.
“Paul has been instrumental in building a very strong finance team for the Company, and more recently in continuing to strengthen Zions Bank's position as the Intermountain West's premier banking organization,” Simmons said in a statement.
Callister is a relatively recent addition to $89 billion-asset Zions, joining the bank in June. He previously served as an executive vice president and head of Utah commercial banking at Wells Fargo, where he spent 20 years over two stints. He also worked for three years as managing director of commercial banking at Community Banks of Colorado, according to his LinkedIn profile.
Callister “brings a wealth of banking expertise and strong relationships in the community, and I wish him great success in his new role," Simmons said.