Western Alliance Bancorporation

NYSE:WAL Stock Report

Market Cap: US$6.8b

Western Alliance Bancorporation Management

Management criteria checks 4/4

Western Alliance Bancorporation's CEO is Ken Vecchione, appointed in Jul 2017, has a tenure of 6.67 years. total yearly compensation is $8.20M, comprised of 15.9% salary and 84.1% bonuses, including company stock and options. directly owns 0.41% of the company’s shares, worth $27.95M. The average tenure of the management team and the board of directors is 4.4 years and 8.6 years respectively.

Key information

Ken Vecchione

Chief executive officer

US$8.2m

Total compensation

CEO salary percentage15.9%
CEO tenure6.7yrs
CEO ownership0.4%
Management average tenure4.4yrs
Board average tenure8.6yrs

Recent management updates

Recent updates

Western Alliance: Limited Upside In 2024 (Rating Downgrade)

Jan 31

Western Alliance Bancorp: A Beneficiary Of Improving Credit Conditions

Jan 04

Western Alliance Q3: The Business Is Clearly Recovering From The Banking Crisis

Oct 24

Western Alliance: Now Trading At Book Value (Downgrade)

Sep 14

Western Alliance Bancorporation (NYSE:WAL) Is Paying Out A Dividend Of $0.36

Aug 05
Western Alliance Bancorporation (NYSE:WAL) Is Paying Out A Dividend Of $0.36

Western Alliance Bancorp: All Eyes On Q2 - Key Metrics To Watch

Jul 17

Western Alliance: Excess Commercial Real Estate Exposure Should Not Be Overlooked

Jun 18

Western Alliance: The Banking Crisis Is Likely Over, Buy The Preferreds

Jun 03

Western Alliance goes ex-dividend tomorrow

Feb 15

If EPS Growth Is Important To You, Western Alliance Bancorporation (NYSE:WAL) Presents An Opportunity

Feb 04
If EPS Growth Is Important To You, Western Alliance Bancorporation (NYSE:WAL) Presents An Opportunity

Western Alliance Q4 2022 Earnings Preview

Jan 23

Western Alliance goes ex-dividend tomorrow

Nov 16

Western Alliance Bancorporation: Attractively Valued With Good Prospects Of Earnings Growth

Oct 26

Western Alliance Q3 2022 Earnings Preview

Oct 19

Western Alliance Bancorporation: Strong Growth On The Cards

Aug 07

Western Alliance Bancorporation (NYSE:WAL) Will Pay A Larger Dividend Than Last Year At $0.36

Aug 01
Western Alliance Bancorporation (NYSE:WAL) Will Pay A Larger Dividend Than Last Year At $0.36

Does Western Alliance Bancorporation (NYSE:WAL) Deserve A Spot On Your Watchlist?

Jun 13
Does Western Alliance Bancorporation (NYSE:WAL) Deserve A Spot On Your Watchlist?

Western Alliance Bancorp.: Earnings Outlook Remains Rosy

May 23

Here's Why We Think Western Alliance Bancorporation (NYSE:WAL) Is Well Worth Watching

Mar 15
Here's Why We Think Western Alliance Bancorporation (NYSE:WAL) Is Well Worth Watching

Wall To WAL Growth

Mar 04

Should You Be Adding Western Alliance Bancorporation (NYSE:WAL) To Your Watchlist Today?

Dec 15
Should You Be Adding Western Alliance Bancorporation (NYSE:WAL) To Your Watchlist Today?

Western Alliance Bancorporation: Strong Growth Comes At A High Market Price

Dec 09

CEO Compensation Analysis

How has Ken Vecchione's remuneration changed compared to Western Alliance Bancorporation's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

US$710m

Sep 30 2023n/an/a

US$855m

Jun 30 2023n/an/a

US$902m

Mar 31 2023n/an/a

US$947m

Dec 31 2022US$8mUS$1m

US$1b

Sep 30 2022n/an/a

US$997m

Jun 30 2022n/an/a

US$973m

Mar 31 2022n/an/a

US$940m

Dec 31 2021US$7mUS$1m

US$896m

Sep 30 2021n/an/a

US$847m

Jun 30 2021n/an/a

US$746m

Mar 31 2021n/an/a

US$615m

Dec 31 2020US$6mUS$1m

US$507m

Sep 30 2020n/an/a

US$441m

Jun 30 2020n/an/a

US$433m

Mar 31 2020n/an/a

US$462m

Dec 31 2019US$5mUS$1m

US$499m

Sep 30 2019n/an/a

US$490m

Jun 30 2019n/an/a

US$474m

Mar 31 2019n/an/a

US$456m

Dec 31 2018US$5mUS$1m

US$436m

Sep 30 2018n/an/a

US$406m

Jun 30 2018n/an/a

US$378m

Mar 31 2018n/an/a

US$353m

Dec 31 2017US$7mUS$465k

US$325m

Compensation vs Market: Ken's total compensation ($USD8.20M) is about average for companies of similar size in the US market ($USD7.74M).

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


CEO

Ken Vecchione (69 yo)

6.7yrs

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

NamePositionTenureCompensationOwnership
Kenneth Vecchione
CEO, President & Director6.7yrsUS$8.20m0.41%
$ 28.0m
Dale Gibbons
Vice Chairman20.8yrsUS$4.09m0.27%
$ 18.3m
Timothy Boothe
Chief Operating Officer4.4yrsUS$1.96m0.058%
$ 3.9m
Timothy Bruckner
Chief Banking Officer of Regional Bankingno dataUS$1.73m0.024%
$ 1.6m
Stephen Curley
Chief Banking Officer for National Business Lines & President for Alliance Association Bank2.2yrsUS$2.07m0.038%
$ 2.6m
James Ardrey
Senior VP & Chief Accounting Officer12.5yrsno data0.0079%
$ 536.4k
Paulina Woo
Senior Director of Treasury Managementless than a yearno datano data
Jeff Semonovich
Chief Information Officerno datano datano data
Miles Pondelik
Director of Investor Relations & Corporate Developmentno datano datano data
Jessica Jarvi
Chief Legal Officerless than a yearno data0.013%
$ 883.9k
Randall Theisen
Chief Corporate Affairs Officer & Special Counsel1.2yrsUS$1.66m0.053%
$ 3.6m
Barbara Kennedy
Chief Human Resource Officer5.9yrsUS$1.17m0.038%
$ 2.6m

4.4yrs

Average Tenure

56.5yo

Average Age

Experienced Management: WAL's management team is considered experienced (4.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Kenneth Vecchione
CEO, President & Director16.4yrsUS$8.20m0.41%
$ 28.0m
Mary E. Kuras
Independent Directorless than a yearno data0.0083%
$ 564.9k
Donald Snyder
Independent Director27.2yrsUS$316.70k0.093%
$ 6.3m
Marianne Johnson
Independent Director28.4yrsUS$306.70k3.88%
$ 262.7m
Kevin Blakely
Independent Director1.3yrsno data0.0065%
$ 437.5k
Robert Latta
Independent Director8.8yrsUS$326.70k0.045%
$ 3.0m
Bruce Beach
Independent Chairman18.9yrsUS$452.43k0.050%
$ 3.4m
Sung Sohn
Independent Director13.4yrsUS$316.70k0.048%
$ 3.3m
Howard Gould
Independent Director8.4yrsUS$316.70k0.044%
$ 3.0m
Paul Galant
Independent Director1.3yrsno data0.0065%
$ 437.5k
Bryan Segedi
Independent Director3.8yrsUS$306.70k0.016%
$ 1.1m
Juan Figuereo
Independent Director3.8yrsUS$331.70k0.015%
$ 1.0m

8.6yrs

Average Tenure

69yo

Average Age

Experienced Board: WAL's board of directors are considered experienced (8.6 years average tenure).


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