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 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 $41.09M. 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
Western Alliance Bancorporation (NYSE:WAL) Is Paying Out A Larger Dividend Than Last Year
Nov 08
Western Alliance: Further Upside After S&P 400 Inclusion
Sep 11Western Alliance: A Flawless Quarterly From Multiple Perspectives
Jul 23Western Alliance: Solid Growth And Cheap Valuation (Rating Upgrade)
Apr 26Western Alliance: Q1 Deposit Growth Is A Cause For Optimism
Apr 19Western Alliance: Limited Upside In 2024 (Rating Downgrade)
Jan 31Western Alliance Bancorp: A Beneficiary Of Improving Credit Conditions
Jan 04Western Alliance Q3: The Business Is Clearly Recovering From The Banking Crisis
Oct 24Western Alliance: Now Trading At Book Value (Downgrade)
Sep 14Western Alliance Bancorporation (NYSE:WAL) Is Paying Out A Dividend Of $0.36
Aug 05Western Alliance Bancorp: All Eyes On Q2 - Key Metrics To Watch
Jul 17Western Alliance: Excess Commercial Real Estate Exposure Should Not Be Overlooked
Jun 18Western Alliance: The Banking Crisis Is Likely Over, Buy The Preferreds
Jun 03Western Alliance goes ex-dividend tomorrow
Feb 15If EPS Growth Is Important To You, Western Alliance Bancorporation (NYSE:WAL) Presents An Opportunity
Feb 04Western Alliance Q4 2022 Earnings Preview
Jan 23Western Alliance goes ex-dividend tomorrow
Nov 16Western Alliance Bancorporation: Attractively Valued With Good Prospects Of Earnings Growth
Oct 26Western Alliance Q3 2022 Earnings Preview
Oct 19Western Alliance Bancorporation: Strong Growth On The Cards
Aug 07Western Alliance Bancorporation (NYSE:WAL) Will Pay A Larger Dividend Than Last Year At $0.36
Aug 01CEO Compensation Analysis
| 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 below average for companies of similar size in the US market ($USD12.73M).
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 |
|---|---|---|---|---|
| CEO, President & Director | 7.3yrs | US$8.75m | 0.41% $ 41.1m | |
| Vice Chairman | 21.5yrs | US$4.30m | 0.27% $ 27.0m | |
| Chief Administration Officer | less than a year | US$2.05m | 0.058% $ 5.7m | |
| Chief Banking Officer of Regional Banking | no data | US$2.03m | 0.024% $ 2.4m | |
| Chief Banking Officer for National Business Lines | no data | US$2.15m | 0.034% $ 3.4m | |
| Senior VP & Chief Accounting Officer | 13.2yrs | no data | 0.0032% $ 321.6k | |
| Senior Director of Treasury Management | less than a year | no data | no data | |
| Chief Information Officer | less than a year | no data | no data | |
| Director of Investor Relations & Corporate Development | no data | no data | no data | |
| Chief Legal Officer | 1.4yrs | no data | 0.013% $ 1.3m | |
| Chief Human Resource Officer | 6.6yrs | US$1.17m | 0.028% $ 2.8m | |
| Chief Audit Executive | 6.6yrs | no data | no data |
6.6yrs
Average Tenure
56.5yo
Average Age
Experienced Management: WAL's management team is seasoned and experienced (6.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 17.1yrs | US$8.75m | 0.41% $ 41.1m | |
| Independent Director | 1.6yrs | US$252.02k | 0.0083% $ 830.3k | |
| Independent Director | 27.8yrs | US$317.22k | 0.093% $ 9.3m | |
| Independent Director | 29.1yrs | US$307.22k | 3.87% $ 384.8m | |
| Independent Director | 1.9yrs | US$317.22k | 0.0065% $ 644.1k | |
| Independent Director | 9.4yrs | US$327.22k | 0.039% $ 3.9m | |
| Independent Chairman | 19.6yrs | US$474.92k | 0.050% $ 5.0m | |
| Independent Director | 9.1yrs | US$317.22k | 0.044% $ 4.4m | |
| Independent Director | 1.4yrs | US$194.63k | 0.0076% $ 758.6k | |
| Independent Director | 4.4yrs | US$307.22k | 0.015% $ 1.5m | |
| Independent Director | 4.4yrs | US$332.22k | 0.015% $ 1.5m | |
| Independent Director | less than a year | no data | 0.0030% $ 298.7k |
6.8yrs
Average Tenure
69yo
Average Age
Experienced Board: WAL's board of directors are considered experienced (6.8 years average tenure).