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MORGAN SAMUELS COMPANY PLACES A KEY EXECUTIVE AT STERLING SAVINGS BANK

LOS ANGELES, Calif. – August 16, 2007 – Morgan Samuels Company, a leading national management consulting firm specializing in executive recruitment, today announced the placement of J. Gregory Seibly as chief production executive at Sterling Savings Bank. Sterling Savings Bank is a Washington State-chartered commercial bank headquartered in Spokane, Washington.

Seibly had most recently been the president at U.S. Bank - California. Previous to that, Seibly was the executive vice president and division manager - greater los angeles and nevada division, commercial banking at Well Fargo Bank. Seibly received his BS in Finance from Indiana University in Bloomington, Indiana.

ABOUT MORGAN SAMUELS COMPANY

Morgan Samuels Company is a leading national management consulting firm specializing in executive recruitment. Since 1969, the firm has developed a stellar reputation for building long-standing client relationships and for successfully recruiting exceptional quality candidates. Morgan Samuels applies revolutionary business process techniques, based on Lean Sigma principles that have shifted the paradigm in executive search to an unprecedented level of quality. These process controls and improvements ensure Morgan Samuels presents its clients, including Washington Mutual, Fluor, Kaiser Permanente, RealNetworks, Wachovia and many other Fortune 500 companies, with the highest quality candidates faster and more cost-effectively than its competitors.

@ 2002-2007 Morgan Samuels Company