West Bancorporation, Inc.

DB:WB3 Stock Report

Market Cap: €286.7m

West Bancorporation Management

Management criteria checks 4/4

West Bancorporation's CEO is Dave Nelson, appointed in Apr 2010, has a tenure of 14.42 years. total yearly compensation is $1.30M, comprised of 45.3% salary and 54.7% bonuses, including company stock and options. directly owns 1.39% of the company’s shares, worth €3.99M. The average tenure of the management team and the board of directors is 14.1 years and 11.4 years respectively.

Key information

Dave Nelson

Chief executive officer

US$1.3m

Total compensation

CEO salary percentage45.3%
CEO tenure14.4yrs
CEO ownership1.4%
Management average tenure14.1yrs
Board average tenure11.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Dave Nelson's remuneration changed compared to West Bancorporation's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

US$21m

Mar 31 2024n/an/a

US$22m

Dec 31 2023US$1mUS$590k

US$24m

Sep 30 2023n/an/a

US$29m

Jun 30 2023n/an/a

US$34m

Mar 31 2023n/an/a

US$41m

Dec 31 2022US$1mUS$514k

US$46m

Sep 30 2022n/an/a

US$49m

Jun 30 2022n/an/a

US$50m

Mar 31 2022n/an/a

US$51m

Dec 31 2021US$1mUS$485k

US$50m

Sep 30 2021n/an/a

US$46m

Jun 30 2021n/an/a

US$42m

Mar 31 2021n/an/a

US$36m

Dec 31 2020US$968kUS$462k

US$33m

Sep 30 2020n/an/a

US$32m

Jun 30 2020n/an/a

US$31m

Mar 31 2020n/an/a

US$30m

Dec 31 2019US$973kUS$436k

US$29m

Sep 30 2019n/an/a

US$28m

Jun 30 2019n/an/a

US$28m

Mar 31 2019n/an/a

US$28m

Dec 31 2018US$1mUS$436k

US$29m

Sep 30 2018n/an/a

US$25m

Jun 30 2018n/an/a

US$25m

Mar 31 2018n/an/a

US$24m

Dec 31 2017US$967kUS$400k

US$23m

Compensation vs Market: Dave's total compensation ($USD1.30M) is about average for companies of similar size in the German market ($USD1.30M).

Compensation vs Earnings: Dave's compensation has been consistent with company performance over the past year.


CEO

Dave Nelson (63 yo)

14.4yrs

Tenure

US$1,303,388

Compensation

Mr. David D. Nelson, also known as Dave, has been the Chief Executive Officer and President of West Bancorp., Inc. since April 1, 2010 and serves as its Director. Mr. Nelson has been the Chief Executive Of...


Leadership Team

NamePositionTenureCompensationOwnership
David Nelson
CEO, President & Director14.4yrsUS$1.30m1.39%
$ 4.0m
Jane Funk
Executive VP2.7yrsUS$754.26k0.32%
$ 919.3k
Douglas Gulling
Directorno dataUS$283.72k0.39%
$ 1.1m
Brad Winterbottom
Executive Vice President18.7yrsUS$824.57k0.68%
$ 2.0m
Harlee Olafson
Executive VP & Chief Risk Officer14.1yrsUS$824.57k0.55%
$ 1.6m
Bradley Peters
Executive Vice President3.7yrsUS$757.64k0.41%
$ 1.2m
Melissa Gillespie
VP, Assistant General Counsel & Corporate Secretaryno datano datano data

14.1yrs

Average Tenure

64.5yo

Average Age

Experienced Management: WB3's management team is seasoned and experienced (14.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
David Nelson
CEO, President & Director14.4yrsUS$1.30m1.39%
$ 4.0m
Douglas Gulling
Director2.7yrsUS$283.72k0.39%
$ 1.1m
Steven Schuler
Independent Director6.7yrsUS$77.57k0.085%
$ 242.7k
James Noyce
Independent Director15.2yrsUS$100.57k0.13%
$ 360.1k
George Milligan
Independent Chairman of the Board19.4yrsUS$85.44k0.39%
$ 1.1m
Therese Vaughan
Independent Director5.4yrsUS$78.71k0.056%
$ 161.3k
Sean McMurray
Independent Director11.4yrsUS$74.84k0.25%
$ 708.3k
Steven Gaer
Independent Director13.4yrsUS$71.44k0.12%
$ 346.4k
Philip Worth
Independent Director11.4yrsUS$77.60k0.11%
$ 309.1k
Lisa Elming
Independent Director3.4yrsUS$73.44k0.012%
$ 35.2k
Rosemary Parson
Independent Director2.7yrsUS$70.57k0.018%
$ 51.7k

11.4yrs

Average Tenure

66yo

Average Age

Experienced Board: WB3's board of directors are seasoned and experienced ( 11.4 years average tenure).