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 6.42 years. total yearly compensation is $8.20M, comprised of 15.9% salary and 84.1% bonuses, including company stock and options. directly owns 0.39% of the company’s shares, worth MX$469.11M. The average tenure of the management team and the board of directors is 5.2 years and 8.3 years respectively.
Key information
Ken Vecchione
Chief executive officer
US$8.2m
Total compensation
| CEO salary percentage | 15.9% |
| CEO tenure | 6.4yrs |
| CEO ownership | 0.4% |
| Management average tenure | 5.2yrs |
| Board average tenure | 8.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 |
| Sep 30 2017 | n/a | n/a | US$306m |
| Jun 30 2017 | n/a | n/a | US$290m |
| Mar 31 2017 | n/a | n/a | US$272m |
| Dec 31 2016 | US$199k | n/a | US$260m |
Compensation vs Market: Ken's total compensation ($USD8.20M) is above average for companies of similar size in the MX market ($USD2.81M).
Compensation vs Earnings: Ken's compensation has been consistent with company performance over the past year.
CEO
Ken Vecchione (69 yo)
6.4yrs
Tenure
US$8,195,178
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 |
|---|---|---|---|---|
| CEO, President & Director | 6.4yrs | US$8.20m | 0.39% MX$ 469.1m | |
| Vice Chairman | 20.6yrs | US$4.09m | 0.26% MX$ 314.3m | |
| Chief Operating Officer | 4.2yrs | US$1.96m | 0.054% MX$ 65.0m | |
| Chief Credit Officer | 4.7yrs | US$1.73m | 0.019% MX$ 22.6m | |
| Chief Banking Officer for National Business Lines & President for Alliance Association Bank | 1.9yrs | US$2.07m | 0.033% MX$ 40.4m | |
| Senior VP & Chief Accounting Officer | 12.3yrs | no data | 0.0053% MX$ 6.5m | |
| Chief Information Officer | no data | no data | no data | |
| Chief Legal Officer | less than a year | no data | 0.0095% MX$ 11.5m | |
| Chief Corporate Affairs Officer & Special Counsel | less than a year | US$1.66m | 0.054% MX$ 64.9m | |
| Director of Investor Relations & Corporate Development | no data | no data | no data | |
| Chief Human Resource Officer | 5.7yrs | US$1.17m | 0.034% MX$ 41.3m | |
| Division CEO of Alliance Bank of Arizona | 6.9yrs | no data | no data |
5.2yrs
Average Tenure
57yo
Average Age
Experienced Management: WAL *'s management team is seasoned and experienced (5.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 16.2yrs | US$8.20m | 0.39% MX$ 469.1m | |
| Independent Director | less than a year | no data | 0.0046% MX$ 5.6m | |
| Independent Director | 26.9yrs | US$316.70k | 0.090% MX$ 108.5m | |
| Independent Director | 28.2yrs | US$306.70k | 0.20% MX$ 241.9m | |
| Independent Director | less than a year | no data | 0.0028% MX$ 3.3m | |
| Independent Director | 8.5yrs | US$326.70k | 0.041% MX$ 49.7m | |
| Independent Chairman | 18.7yrs | US$452.43k | 0.045% MX$ 54.4m | |
| Independent Director | 13.2yrs | US$316.70k | 0.045% MX$ 53.9m | |
| Independent Director | 8.2yrs | US$316.70k | 0.040% MX$ 48.8m | |
| Independent Director | less than a year | no data | 0.0028% MX$ 3.3m | |
| Independent Director | 3.5yrs | US$306.70k | 0.013% MX$ 15.3m | |
| Independent Director | 3.5yrs | US$331.70k | 0.012% MX$ 14.1m |
8.3yrs
Average Tenure
69yo
Average Age
Experienced Board: WAL *'s board of directors are considered experienced (8.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/12/25 13:46 |
| End of Day Share Price | 2023/09/27 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Western Alliance Bancorporation is covered by 34 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jared Shaw | Barclays |
| Ebrahim Poonawala | BofA Global Research |
| Michael Diana | Cantor Fitzgerald & Co. |