Westamerica Bancorporation

NasdaqGS:WABC Stock Report

Mkt Cap: US$1.5b

Westamerica Bancorporation Management

How experienced are the management team and are they aligned to shareholders interests?

4.1yrs

Average management tenure


CEO

David Payne (67 yo)

39.08yrs

Tenure

US$700,563

Compensation

Mr. David L. Payne serves as the Chairman and Chief Executive Officer at Westamerica Bancorporation since 1988 and 1989 respectively and serves as its President. Mr. Payne is also Chairman, President & Chi...


CEO Compensation Analysis

How has David Payne's remuneration changed compared to Westamerica Bancorporation's earnings?
DateTotal Comp.SalaryCompany Earnings
Dec 31 2022n/an/a

US$122m

Sep 30 2022n/an/a

US$104m

Jun 30 2022n/an/a

US$92m

Mar 31 2022n/an/a

US$89m

Dec 31 2021US$701kUS$371k

US$87m

Sep 30 2021n/an/a

US$89m

Jun 30 2021n/an/a

US$87m

Mar 31 2021n/an/a

US$84m

Dec 31 2020US$699kUS$371k

US$80m

Sep 30 2020n/an/a

US$77m

Jun 30 2020n/an/a

US$78m

Mar 31 2020n/an/a

US$78m

Dec 31 2019US$695kUS$371k

US$80m

Sep 30 2019n/an/a

US$79m

Jun 30 2019n/an/a

US$75m

Mar 31 2019n/an/a

US$74m

Dec 31 2018US$641kUS$371k

US$72m

Sep 30 2018n/an/a

US$57m

Jun 30 2018n/an/a

US$55m

Mar 31 2018n/an/a

US$52m

Dec 31 2017US$615kUS$371k

US$50m

Sep 30 2017n/an/a

US$60m

Jun 30 2017n/an/a

US$61m

Mar 31 2017n/an/a

US$60m

Dec 31 2016US$616kUS$371k

US$59m

Compensation vs Market: David's total compensation ($USD700.56K) is below average for companies of similar size in the US market ($USD5.30M).

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


Leadership Team

NamePositionTenureCompensationOwnership
David Payne
Chairman34.08yrsUS$700.56k3.3%
$ 50.1m
Jesse Leavitt
Senior VP & CFO3.08yrsUS$320.88k0.0014%
$ 20.7k
Russell Rizzardi
Senior VP & Chief Credit Administrator of Westamerica Bankno dataUS$404.11kno data
Brian Donohoe
SVP and Manager of Operations & Systems Administration of Community Banker Services Corporation4.08yrsUS$476.19k0.0087%
$ 132.8k
John Thorson
Senior VP & Treasurer3.08yrsUS$639.13k0.059%
$ 902.2k
Diane Cunningham
Corporate Executive Secretaryno datano datano data
George Ensinger
Senior VP & Human Resources Division Manager4.08yrsUS$391.47k0.018%
$ 277.1k
Kris Irvine
VP & Corporate Secretaryno datano datano data

4.1yrs

Average Tenure

64.5yo

Average Age

Experienced Management: WABC's management team is considered experienced (4.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
David Payne
Chairman39.08yrsUS$700.56k3.3%
$ 50.1m
E. Bowler
Independent Director19.5yrsUS$42.40k0.096%
$ 1.5m
Catherine MacMillan
Independent Director38.08yrsUS$42.40k0.024%
$ 361.7k
Ronald Nelson
Independent Director35.08yrsUS$46.90k0.16%
$ 2.5m
Edward Sylvester
Lead Independent Director44.08yrsUS$69.96k0.21%
$ 3.2m
Michele Hassid
Independent Director3.42yrsUS$44.10k0.0013%
$ 20.2k
Melanie Chiesa
Independent Director3.08yrsUS$40.85kno data
Inez Wondeh
Independent Director1.17yrsUS$3.03kno data

27.3yrs

Average Tenure

71yo

Average Age

Experienced Board: WABC's board of directors are seasoned and experienced ( 27.3 years average tenure).