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Western Alliance Bancorporation (WAL-PA)

NYSE - Nasdaq Real Time Price. Currency in USD
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21.93-0.07 (-0.30%)
As of 09:44AM EDT. Market open.
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Western Alliance Bancorporation

One East Washington Street
Suite 1400
Phoenix, AZ 85004
United States
602 389 3500
https://www.westernalliancebancorporation.com

Sector(s)Financial Services
IndustryBanks—Regional
Full Time Employees3,254

Key Executives

NameTitlePayExercisedYear Born
Mr. Kenneth A. VecchioneCEO, Pres & Director4.51MN/A1954
Mr. Dale M. GibbonsVice Chairman, Exec. VP & CFO2.16MN/A1960
Mr. Timothy W. BootheChief Operating Officer1.08MN/A1966
Mr. Randall S. TheisenChief Legal Officer & Head of Corp. Affairs1.18MN/A1958
Mr. James Kelly Ardrey Jr.Sr. VP & Chief Accounting OfficerN/AN/A1968
Mr. Jeff SemonovichChief Information OfficerN/AN/AN/A
Ms. Jessica JarviGen. CounselN/AN/AN/A
Mr. Miles PondelikDirector of Investor Relations & Corp. Devel.N/AN/AN/A
Ms. Barbara J. KennedyChief Human Resource OfficerN/AN/A1967
Mr. Robert R. McAuslanExec. VPN/AN/A1948
Amounts are as of December 31, 2021 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

Western Alliance Bancorporation operates as the bank holding company for Western Alliance Bank that provides various banking products and related services primarily in Arizona, California, and Nevada. It operates in Commercial, Consumer Related, and Corporate & Other segments. The company offers deposit products, including checking, savings, and money market accounts, as well as fixed-rate and fixed maturity certificates of deposit accounts; and treasury management and residential mortgage products and services. It also offers commercial and industrial loan products, such as working capital lines of credit, loans to technology companies, inventory and accounts receivable lines, mortgage warehouse lines, equipment loans and leases, and other commercial loans; commercial real estate loans, which are secured by multi-family residential properties, professional offices, industrial facilities, retail centers, hotels, and other commercial properties; construction and land development loans for single family and multi-family residential projects, industrial/warehouse properties, office buildings, retail centers, medical office facilities, and residential lot developments; and consumer loans. In addition, the company provides other financial services, such as internet banking, wire transfers, electronic bill payment and presentment, lock box services, courier, and cash management services. Further, it holds certain investment securities, municipal and non-profit loans, and leases; invests primarily in low-income housing tax credits and small business investment corporations; and holds certain real estate loans and related securities. The company operates 36 branch locations, as well as loan production offices. Western Alliance Bancorporation was founded in 1994 and is headquartered in Phoenix, Arizona.

Corporate Governance

Western Alliance Bancorporation’s ISS Governance QualityScore as of October 1, 2022 is 2. The pillar scores are Audit: 4; Board: 3; Shareholder Rights: 3; Compensation: 2.

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.
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