PacWest Bancorp CEO Matthew Wagner's 2019 pay rises 13% to $7.1M
PacWest Bancorp reports 2019 executive compensation
By ExecPay News
Published: March 27, 2020
PacWest Bancorp reported fiscal year 2019 executive compensation information on March 27, 2020.
In 2019, five executives at PacWest Bancorp received on average a compensation package of $3.7M, a 34% increase compared to previous year.
Average pay of disclosed executives at PacWest Bancorp
Matthew P. Wagner, Chief Executive Officer, received $7.1M in total, which increased by 13% compared to 2018. 44% of Wagner's compensation, or $3.1M, was in stock awards. Wagner also received $2.3M in non-equity incentive plan, $1M in salary, as well as $653K in other compensation.
Mark T. Yung, Chief Operating Officer, received a compensation package of $3.6M. 56% of the compensation package, or $2.1M, was in stock awards.
Patrick J. Rusnak, Chief Financial Officer, earned $3M in 2019, a 25% increase compared to previous year.
Laird M. Boulden, Chairman, received $2.4M in 2019, which increases by 43% compared to 2018.
Christopher D. Blake, Chief Executive Officer, earned $2.3M in 2019, a 46% increase compared to previous year.
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Source: SEC filing on March 27, 2020.