PacWest Bancorp CEO Matthew Wagner's 2020 pay falls 30% to $5M
PacWest Bancorp reports 2020 executive compensation
By ExecPay News
Published: March 26, 2021
PacWest Bancorp reported fiscal year 2020 executive compensation information on March 26, 2021.
In 2020, five executives at PacWest Bancorp received on average a compensation package of $2.9M, a 21% decrease compared to previous year.
Average pay of disclosed executives at PacWest Bancorp
Matthew P. Wagner, Chief Executive Officer, received $5M in total, which decreased by 30% compared to 2019. 61% of Wagner's compensation, or $3M, was in stock awards. Wagner also received $464K in non-equity incentive plan, $1M in salary, as well as $450K in other compensation.
Mark T. Yung, Chief Operating Officer, received a compensation package of $2.9M, which decreased by 21% compared to previous year. 56% of the compensation package, or $1.6M, was in stock awards.
William J. Black Jr, Executive Vice President, Strategy and Corporate Development of the Company and Pacific Western Bank, earned $2.8M in 2020.
Patrick J. Rusnak, Chief Financial Officer, received $2.2M in 2020, which decreases by 28% compared to 2019.
Christopher D. Blake, Chief Executive Officer, earned $1.7M in 2020, a 29% decrease compared to previous year.
Related executives
Matthew Wagner
PacWest Bancorp
Chief Executive Officer
Patrick Rusnak
PacWest Bancorp
Chief Financial Officer
William Black
PacWest Bancorp
Executive Vice President, Strategy and Corporate Development
Christopher Blake
PacWest Bancorp
Chief Executive Officer
Mark Yung
PacWest Bancorp
Chief Operating Officer
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Source: SEC filing on March 26, 2021.