PacWest Bancorp CEO Matthew Wagner's 2018 pay rises 11% to $6.2M
PacWest Bancorp reports 2018 executive compensation
By ExecPay News
Published: March 27, 2020
PacWest Bancorp reported fiscal year 2018 executive compensation information on March 27, 2020.
In 2018, six executives at PacWest Bancorp received on average a compensation package of $2.7M, a 3% decrease compared to previous year.
Average pay of disclosed executives at PacWest Bancorp
Matthew P. Wagner, Chief Executive Officer, received $6.2M in total, which increased by 11% compared to 2017. 47% of Wagner's compensation, or $3M, was in stock awards. Wagner also received $1.1M in non-equity incentive plan, $1M in salary, as well as $1.2M in other compensation.
For fiscal year 2018, the median employee pay was $86,325 at PacWest Bancorp. Therefore, the ratio of Matthew P. Wagner's pay to the median employee pay was 72 to one.
James J. Pieczynski, Chairman, received a compensation package of $2.8M, which decreased by 27% compared to previous year. 71% of the compensation package, or $2M, was in stock awards.
Patrick J. Rusnak, Chief Financial Officer, earned $2.4M in 2018, a 3% decrease compared to previous year.
Bryan M. Corsini, Executive Vice President and CCO of the Company and Executive Vice President of the Bank, received $1.7M in 2018, which decreases by 5% compared to 2017.
Laird M. Boulden, Executive Vice President and President of the National Lending Group of the Company and the Bank, earned $1.7M in 2018.
Christopher D. Blake, Chief Executive Officer, received $1.6M in 2018, which increases by 9% compared to 2017.
Related executives
Christopher Blake
PacWest Bancorp
Chief Executive Officer
Matthew Wagner
PacWest Bancorp
Chief Executive Officer
Patrick Rusnak
PacWest Bancorp
Chief Financial Officer
James Pieczynski
PacWest Bancorp
Chairman
Bryan Corsini
PacWest Bancorp
Executive Vice President and CCO of the Company and Executive Vice President of the Bank
Laird Boulden
PacWest Bancorp
Chairman
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Source: SEC filing on March 27, 2020.