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PrivateBancorp, Inc. (PVTB)


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PrivateBancorp, Inc.

120 South LaSalle Street
Chicago, IL 60603
United States
312-564-2000
http://www.theprivatebank.com

SectorFinancial
IndustryRegional - Midwest Banks
Full Time Employees1,329

Key Executives

NameTitlePayExercisedAge
Mr. Larry D. RichmanCEO, Pres, Exec. Director, CEO of Pvtbank, Pres of Pvtbank and Director of Pvt Bank2.6MN/A64
Mr. Kevin M. KillipsCFO, Exec. VP, CFO of Privatebank and Exec. MD of Privatebank1.1MN/A62
Mr. Bruce S. LubinEVP, Exec. MD of Pvtbank and Pres of Illinois Commercial Banking - Pvtbank1.02MN/A63
Mr. Bruce R. HagueEVP, Pres of National Commercial Banking & Regional Markets - Pvtbank & Exec. MD of Pvtbank1.04M462.43k62
Ms. Karen B. CaseEVP, Pres of Commercial Real Estate Banking - Pvtbank and Exec. MD of Pvtbank930.36kN/A58
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

PrivateBancorp, Inc. operates as the holding company for The PrivateBank and Trust Company that provides customized business and personal financial services to middle market companies, business owners, executives, entrepreneurs, and families in the United States. The company operates through three segments: Banking, Asset Management, and Holding Company Activities. It accepts checking, savings, money market deposit, and health savings accounts, as well as certificates of deposit. The company also provides commercial, real estate, and personal lending products and services comprising home equity loans and lines of credit, auto loans, secured and unsecured loans, and overdraft protection loans; commercial real estate loans, such as one-to-four family non-owner occupied housing units, multi-family real estate, office buildings, warehouses, retail space, mixed use buildings, and vacant land; and construction loans. In addition, it offers investment management, personal trust and estate administration, custodial and escrow, investment management for 401(k) plans, and brokerage services. As of December 31, 2016, the company had 36 offices in 13 states. PrivateBancorp, Inc. was founded in 1989 and is headquartered in Chicago, Illinois.

Corporate Governance

PrivateBancorp, Inc.’s ISS Governance QualityScore as of May 1, 2017 is 3. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 5; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.