Western Alliance Bancorporation CEO Kenneth Vecchione's 2018 pay falls 30% to $4.8M

Western Alliance Bancorporation reports 2018 executive compensation

By ExecPay News

Published: April 17, 2019

Western Alliance Bancorporation reported fiscal year 2018 executive compensation information on April 17, 2019.

In 2018, eight executives at Western Alliance Bancorporation received on average a compensation package of $2.6M, a 20% decrease compared to previous year.

Average pay of disclosed executives at Western Alliance Bancorporation

Kenneth Vecchione, Chief Executive Officer, received $4.8M in total, which decreased by 30% compared to 2017. 46% of Vecchione's compensation, or $2.2M, was in stock awards. Vecchione also received $1.5M in non-equity incentive plan, $1.1M in salary, as well as $43K in other compensation.

For fiscal year 2018, the median employee pay was $87,551 at Western Alliance Bancorporation. Therefore, the ratio of Kenneth Vecchione's pay to the median employee pay was 55 to one.

Robert Sarver, Chairman, received a compensation package of $4.6M, which decreased by 20% compared to previous year. 49% of the compensation package, or $2.3M, was in stock awards.

Dale Gibbons, Chief Financial Officer, earned $2.3M in 2018, a 18% increase compared to previous year.

James Haught, Chief Operating Officer, received $2.2M in 2018, which increases by 35% compared to 2017.

Jim Haught, Chief Operating Officer, earned $2.2M in 2018, a 35% increase compared to previous year.

Daniel Myers, Executive Vice President, Northern California Administration, received $1.7M in 2018, which increases by 11% compared to 2017.

Barbara Kennedy, Chief Human Resources Officer, earned $1.5M in 2018.

Robert McAuslan, Executive Vice President, Chief Credit Officer, received $1.3M in 2018.