Western Alliance Bancorporation Management

Management criteria checks 3/4

Western Alliance Bancorporation's CEO is Ken Vecchione, appointed in Jul 2017, has a tenure of 7.33 years. total yearly compensation is $8.75M, comprised of 16% salary and 84% bonuses, including company stock and options. directly owns 0.41% of the company’s shares, worth €38.09M. The average tenure of the management team and the board of directors is 6.6 years and 6.8 years respectively.

Key information

Ken Vecchione

Chief executive officer

US$8.8m

Total compensation

CEO salary percentage	16.0%
CEO tenure	7.3yrs
CEO ownership	0.4%
Management average tenure	6.6yrs
Board average tenure	6.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ken Vecchione's remuneration changed compared to Western Alliance Bancorporation's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$706m
Jun 30 2024	n/a	n/a	US$723m
Mar 31 2024	n/a	n/a	US$745m
Dec 31 2023	US$9m	US$1m	US$710m
Sep 30 2023	n/a	n/a	US$855m
Jun 30 2023	n/a	n/a	US$902m
Mar 31 2023	n/a	n/a	US$947m
Dec 31 2022	US$8m	US$1m	US$1b
Sep 30 2022	n/a	n/a	US$997m
Jun 30 2022	n/a	n/a	US$973m
Mar 31 2022	n/a	n/a	US$940m
Dec 31 2021	US$7m	US$1m	US$896m
Sep 30 2021	n/a	n/a	US$847m
Jun 30 2021	n/a	n/a	US$746m
Mar 31 2021	n/a	n/a	US$615m
Dec 31 2020	US$6m	US$1m	US$507m
Sep 30 2020	n/a	n/a	US$441m
Jun 30 2020	n/a	n/a	US$433m
Mar 31 2020	n/a	n/a	US$462m
Dec 31 2019	US$5m	US$1m	US$499m
Sep 30 2019	n/a	n/a	US$490m
Jun 30 2019	n/a	n/a	US$474m
Mar 31 2019	n/a	n/a	US$456m
Dec 31 2018	US$5m	US$1m	US$436m
Sep 30 2018	n/a	n/a	US$406m
Jun 30 2018	n/a	n/a	US$378m
Mar 31 2018	n/a	n/a	US$353m
Dec 31 2017	US$7m	US$465k	US$325m

Compensation vs Market: Ken's total compensation ($USD8.75M) is above average for companies of similar size in the German market ($USD4.87M).

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

CEO

Ken Vecchione (70 yo)

7.3yrs

Tenure

US$8,752,029

Compensation

Mr. Kenneth A. Vecchione, also known as Ken, has been Chief Executive Officer of Western Alliance Bancorporation and Western Alliance Bank since April 01, 2018. He joined the Western Alliance Bancorporatio...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kenneth Vecchione	CEO, President & Director	7.3yrs	US$8.75m	0.41% € 38.1m
Dale Gibbons	Vice Chairman	21.5yrs	US$4.30m	0.27% € 25.0m
Timothy Boothe	Chief Administration Officer	less than a year	US$2.05m	0.058% € 5.3m
Timothy Bruckner	Chief Banking Officer of Regional Banking	no data	US$2.03m	0.024% € 2.2m
Stephen Curley	Chief Banking Officer for National Business Lines	no data	US$2.15m	0.034% € 3.1m
James Ardrey	Senior VP & Chief Accounting Officer	13.2yrs	no data	0.0032% € 298.0k
Paulina Woo	Senior Director of Treasury Management	less than a year	no data	no data
Sonny Sonnenstein	Chief Information Officer	less than a year	no data	no data
Miles Pondelik	Director of Investor Relations & Corporate Development	no data	no data	no data
Jessica Jarvi	Chief Legal Officer	1.4yrs	no data	0.013% € 1.2m
Barbara Kennedy	Chief Human Resource Officer	6.6yrs	US$1.17m	0.028% € 2.6m
Nicholas Wanat	Chief Audit Executive	6.6yrs	no data	no data

6.6yrs

Average Tenure

56.5yo

Average Age

Experienced Management: WEA's management team is seasoned and experienced (6.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Kenneth Vecchione	CEO, President & Director	17.1yrs	US$8.75m	0.41% € 38.1m
Mary E. Kuras	Independent Director	1.6yrs	US$252.02k	0.0083% € 769.5k
Donald Snyder	Independent Director	27.8yrs	US$317.22k	0.093% € 8.6m
Marianne Johnson	Independent Director	29.1yrs	US$307.22k	3.87% € 356.6m
Kevin Blakely	Independent Director	1.9yrs	US$317.22k	0.0065% € 597.0k
Robert Latta	Independent Director	9.4yrs	US$327.22k	0.039% € 3.6m
Bruce Beach	Independent Chairman	19.6yrs	US$474.92k	0.050% € 4.6m
Howard Gould	Independent Director	9.1yrs	US$317.22k	0.044% € 4.0m
Anthony Meola	Independent Director	1.4yrs	US$194.63k	0.0076% € 703.1k
Bryan Segedi	Independent Director	4.4yrs	US$307.22k	0.015% € 1.4m
Juan Figuereo	Independent Director	4.4yrs	US$332.22k	0.015% € 1.4m
Greta Guggenheim	Independent Director	less than a year	no data	0.0030% € 276.8k

6.8yrs

Average Tenure

69yo

Average Age

Experienced Board: WEA's board of directors are considered experienced (6.8 years average tenure).

Western Alliance Bancorporation Management

Management criteria checks 3/4

Key information

Recent management updates

Independent Director recently sold €917k worth of stock

Chief Human Resource Officer recently sold €810k worth of stock

Western Alliance Bancorporation, Annual General Meeting, Jun 12, 2024

Western Alliance Bancorporation, Annual General Meeting, Jun 12, 2024

Western Alliance Bancorporation Announces Board Appointments

Western Alliance Bancorporation Appoints Paulina Woo as Senior Director

Recent updates

Investor sentiment improves as stock rises 16%

Third quarter dividend of US$0.38 announced

Third quarter 2024 earnings released: EPS: US$1.80 (vs US$1.97 in 3Q 2023)

Western Alliance Bancorporation to Report Q3, 2024 Results on Oct 17, 2024

Independent Director recently sold €917k worth of stock

Chief Human Resource Officer recently sold €810k worth of stock

New minor risk - Insider selling

Second quarter dividend of US$0.37 announced

Western Alliance Bancorporation Reports Net Loan Charge-Offs for the Second Quarter Ended June 30, 2024

Second quarter 2024 earnings released: EPS: US$1.75 (vs US$1.96 in 2Q 2023)

Western Alliance Bancorporation Reports Net Loan Charge-Offs for the Second Quarter 2024

Investor sentiment improves as stock rises 17%

Western Alliance Bancorporation to Report Q2, 2024 Results on Jul 18, 2024

First quarter 2024 earnings released: EPS: US$1.61 (vs US$1.29 in 1Q 2023)

First quarter dividend of US$0.37 announced

Western Alliance Bancorporation, Annual General Meeting, Jun 12, 2024

Western Alliance Bancorporation, Annual General Meeting, Jun 12, 2024

Western Alliance Bancorporation Announces Board Appointments

Western Alliance Bancorporation Reports Net Loan Charge-Offs for the First Quarter Ended March 31, 2024

First quarter 2024 earnings released: EPS: US$1.61 (vs US$1.29 in 1Q 2023)

Western Alliance Bancorporation to Report Q1, 2024 Results on Apr 18, 2024

Bowyer Research Files a Notice of Exempt Solicitation to Western Alliance Bancorporation

Full year 2023 earnings released: EPS: US$6.55 (vs US$9.74 in FY 2022)

Western Alliance Bancorporation Appoints Paulina Woo as Senior Director

Fourth quarter dividend of US$0.37 announced

Western Alliance Bancorporation Declares Quarterly Cash Dividend, Payable on March 1, 2024

Investor sentiment deteriorates as stock falls 16%

Western Alliance Bancorporation Reports Net Loan Charge-Offs for the Fourth Quarter of 2023

New minor risk - Profit margin trend

Western Alliance Bancorporation to Report Q4, 2023 Results on Jan 25, 2024

Investor sentiment improves as stock rises 15%

New minor risk - Share price stability

Upcoming dividend of US$0.37 per share at 3.4% yield

Investor sentiment improves as stock rises 18%

Western Alliance Bancorporation Declares Quarterly Dividend, Payable on December 1, 2023

Third quarter 2023 earnings released: EPS: US$1.97 (vs US$2.43 in 3Q 2022)

Western Alliance Bancorporation Announces Net Loan Charge-Offs for the Three Months Ended September 30, 2023

Western Alliance Bancorporation to Report Q3, 2023 Results on Oct 19, 2023

Western Alliance Bancorporation Declares Quarterly Dividend, Payable on August 25, 2023

Investor sentiment improves as stock rises 17%

Western Alliance Bancorporation Reports Net Loan Charge-Offs for the Second Quarter Ended June 30, 2023

Second quarter 2023 earnings released: EPS: US$1.96 (vs US$2.40 in 2Q 2022)

Western Alliance Bancorporation to Report Q2, 2023 Results on Jul 18, 2023

Western Alliance Bancorporation(NYSE:WAL) dropped from Russell 1000 Growth Index

Investor sentiment improves as stock rises 15%

Investor sentiment improves as stock rises 34%

Western Alliance Reportedly Explores Options, Including Potential Sale

Investor sentiment improves as stock rises 23%

First quarter 2023 earnings released

Investor sentiment deteriorates as stock falls 18%

Independent Director recently bought €60k worth of stock

Investor sentiment deteriorates as stock falls 46%

Full year 2022 earnings released: EPS: US$9.74 (vs US$8.72 in FY 2021)

Insider recently sold €120k worth of stock

Western Alliance Bancorporation Announces Board Committee Appointments

Western Alliance Bancorporation Declares a Quarterly Cash Dividend, Payable on March 3, 2023

Senior VP & Chief Accounting Officer recently sold €221k worth of stock

Full year 2022 earnings released: EPS: US$9.71 (vs US$8.72 in FY 2021)

Western Alliance Bancorporation to Report Q4, 2022 Results on Jan 24, 2023

Western Alliance Bancorporation Announces Board Appointments

Upcoming dividend of US$0.36 per share

Western Alliance Bancorporation Declares Quarterly Cash Dividend, Payable December 2, 2022

Third quarter 2022 earnings released: EPS: US$2.42 (vs US$2.29 in 3Q 2021)

Western Alliance Bancorporation to Report Q3, 2022 Results on Oct 20, 2022

Independent Director recently sold €348k worth of stock

Western Alliance Bancorporation Announces Retirement of Randall Theisen as Chief Legal Officer and Corporate Secretary

Western Alliance Bank Announces Executive Promotions, Newly Formed Executive Leadership Team

Western Alliance Bancorporation Declares Quarterly Cash Dividend, Payable August 26, 2022

Second quarter 2022 earnings released: EPS: US$2.40 (vs US$2.18 in 2Q 2021)