Western Alliance Bancorporation CEO Kenneth Vecchione's 2019 pay rises 9% to $5.3M

Western Alliance Bancorporation reports 2019 executive compensation

By ExecPay News

Published: April 27, 2020

Western Alliance Bancorporation reported fiscal year 2019 executive compensation information on April 27, 2020.

In 2019, six executives at Western Alliance Bancorporation received on average a compensation package of $3M, a 15% increase compared to previous year.

Average pay of disclosed executives at Western Alliance Bancorporation

Kenneth Vecchione, Chief Executive Officer, received $5.3M in total, which increased by 9% compared to 2018. 44% of Vecchione's compensation, or $2.3M, was in stock awards. Vecchione also received $1.7M in non-equity incentive plan, $1.1M in salary, as well as $91K in other compensation.

For fiscal year 2019, the median employee pay was $101,103 at Western Alliance Bancorporation. Therefore, the ratio of Kenneth Vecchione's pay to the median employee pay was 52 to one.

Robert Sarver, Chief Executive Officer, received a compensation package of $4.6M, which increased by 1% compared to previous year. 49% of the compensation package, or $2.2M, was in stock awards.

Jim Haught, Chief Operating Officer, earned $2.7M in 2019, a 24% increase compared to previous year.

Dale Gibbons, Chief Financial Officer, received $2.6M in 2019, which increases by 10% compared to 2018.

Randall Theisen, General Counsel, earned $1.3M in 2019.

Barbara Kennedy, Chief Human Resources Officer, received $1.2M in 2019, which decreases by 23% compared to 2018.