Valley National Bancorp Management
Management criteria checks 3/4
Valley National Bancorp's CEO is Ira Robbins, appointed in Jan 2017, has a tenure of 7.67 years. total yearly compensation is $5.42M, comprised of 18.5% salary and 81.5% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth R$27.25M. The average tenure of the management team and the board of directors is 7.2 years and 9.7 years respectively.
Key information
Ira Robbins
Chief executive officer
US$5.4m
Total compensation
| CEO salary percentage | 18.5% |
| CEO tenure | 7.7yrs |
| CEO ownership | 0.1% |
| Management average tenure | 7.2yrs |
| Board average tenure | 9.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | US$363m |
| Mar 31 2024 | n/a | n/a | US$432m |
| Dec 31 2023 | US$5m | US$1m | US$482m |
| Sep 30 2023 | n/a | n/a | US$589m |
| Jun 30 2023 | n/a | n/a | US$627m |
| Mar 31 2023 | n/a | n/a | US$585m |
| Dec 31 2022 | US$6m | US$1m | US$556m |
| Sep 30 2022 | n/a | n/a | US$494m |
| Jun 30 2022 | n/a | n/a | US$438m |
| Mar 31 2022 | n/a | n/a | US$462m |
| Dec 31 2021 | US$5m | US$1m | US$461m |
| Sep 30 2021 | n/a | n/a | US$451m |
| Jun 30 2021 | n/a | n/a | US$431m |
| Mar 31 2021 | n/a | n/a | US$406m |
| Dec 31 2020 | US$5m | US$1m | US$378m |
| Sep 30 2020 | n/a | n/a | US$311m |
| Jun 30 2020 | n/a | n/a | US$290m |
| Mar 31 2020 | n/a | n/a | US$271m |
| Dec 31 2019 | US$4m | US$900k | US$297m |
| Sep 30 2019 | n/a | n/a | US$336m |
| Jun 30 2019 | n/a | n/a | US$324m |
| Mar 31 2019 | n/a | n/a | US$320m |
| Dec 31 2018 | US$3m | US$850k | US$249m |
| Sep 30 2018 | n/a | n/a | US$198m |
| Jun 30 2018 | n/a | n/a | US$168m |
| Mar 31 2018 | n/a | n/a | US$147m |
| Dec 31 2017 | US$3m | US$750k | US$152m |
Compensation vs Market: Ira's total compensation ($USD5.42M) is above average for companies of similar size in the BR market ($USD1.58M).
Compensation vs Earnings: Ira's compensation has been consistent with company performance over the past year.
CEO
Ira Robbins (49 yo)
7.7yrs
Tenure
US$5,416,463
Compensation
Mr. Ira D. Robbins, CPA, is Director at Federal Home Loan Bank of New York since January 01, 2023. He had been the President of Valley National Bancorp from January 5, 2017 to December 2021 and has been it...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 7.7yrs | US$5.42m | 0.11% $ 27.2m | |
| President & Chief Banking Officer | 2.8yrs | US$2.26m | 0.064% $ 15.5m | |
| Senior EVP & CFO | 5.1yrs | US$1.78m | 0.022% $ 5.4m | |
| Senior Executive Vice President of Commercial Banking | no data | US$1.42m | 0.10% $ 24.7m | |
| Senior EVP & COO | less than a year | no data | 0.0046% $ 1.1m | |
| Executive VP & Chief Accounting Officer | 13.7yrs | no data | 0.012% $ 2.8m | |
| Head of Investor Relations | no data | no data | no data | |
| Senior EVP | 7.7yrs | US$1.71m | no data | |
| Senior VP | no data | no data | no data | |
| Senior EVP & Chief People Officer | no data | no data | 0.027% $ 6.5m | |
| Executive VP & Chief Risk Officer | 9.5yrs | no data | no data | |
| Executive VP | 6.7yrs | no data | no data |
7.2yrs
Average Tenure
57yo
Average Age
Experienced Management: VLYB34's management team is seasoned and experienced (7.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 6.7yrs | US$5.42m | 0.11% $ 27.2m | |
| Independent Director | 29.7yrs | US$203.05k | 0.058% $ 14.0m | |
| Independent Director | 12.7yrs | US$205.72k | 0.092% $ 22.1m | |
| Independent Director | 6.7yrs | US$187.29k | 0.76% $ 182.7m | |
| Independent Lead Director | 20.8yrs | US$267.82k | 0.024% $ 5.7m | |
| Independent Director | 5.7yrs | US$212.29k | 0.014% $ 3.3m | |
| Independent Director | 16.8yrs | US$208.47k | 0.061% $ 14.7m | |
| Independent Director | 16.8yrs | US$208.17k | 0.021% $ 5.0m | |
| Vice-Chairman | 2.4yrs | US$1.23m | 0.014% $ 3.3m | |
| Independent Director | 12.7yrs | US$189.29k | 0.018% $ 4.4m | |
| Independent Director | 4.7yrs | US$206.79k | 0.0094% $ 2.3m | |
| Independent Director | 3.9yrs | US$187.29k | 0.0044% $ 1.1m |
9.7yrs
Average Tenure
61yo
Average Age
Experienced Board: VLYB34's board of directors are considered experienced (9.7 years average tenure).