WAL - Western Alliance Bancorporation

NYSE - NYSE Delayed Price. Currency in USD

Western Alliance Bancorporation

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

SectorFinancial
IndustryRegional - Pacific Banks
Full Time Employees1,557

Key Executives

NameTitlePayExercisedAge
Mr. Robert Gary SarverChairman & CEO2.3MN/A56
Mr. Kenneth A. VecchionePres & DirectorN/AN/A63
Mr. Dale M. GibbonsCFO & Exec. VP926.52kN/A57
Mr. Merrill S. WallChief Admin. Officer & EVP656.37kN/A70
Mr. Daniel P. MyersExec. VP of Northern California Admin.882.57kN/A57
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

Western Alliance Bancorporation operates as the holding company for Western Alliance Bank that provides various banking products and related services primarily in Arizona, California, and Nevada. The company offers deposit products, including checking accounts, savings accounts, and money market accounts, as well as fixed-rate and fixed maturity certificates of deposit accounts. It also offers commercial and industrial loan products, such as working capital lines of credit, 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, lock box services, courier, and cash management services. Further, it holds and manages certain non-performing loans and other real estate owned properties. As of December 31, 2016, the company operated 40 branch locations, 8 loan production offices, and 6 other leased locations. 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 15, 2017 is 3. The pillar scores are Audit: 2; Board: 4; Shareholder Rights: 3; Compensation: 5.

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.