Kenneth Vecchione - Western Alliance CEO
WAL Stock | USD 87.87 1.52 1.70% |
CEO
Mr. Kenneth A. Vecchione is re designated as Chief Executive Officer, Director of the Company effective April 1, 2018. He served as the nonmanagement Chairman of the Companys bank subsidiary, Western Alliance Bank, from January 2014 to December 2015, Vice Chairman of Bank of Nevada from October 2010 to December 2013, and was the Companys President and Chief Operating Officer from April 2010 to April 2013. In April 2013, Mr. Vecchione joined Encore Capital Group as President and director, and served as its Chief Executive Officer from June 2013 through June 2017. He was also Chairman of Cabot Credit Management, Encore Capital Groups largest majority owned international subsidiary. During his more than 35year career, Mr. Vecchione has held a number of senior positions at large financial services companies, including Chief Financial Officer at Apollo Global Management, LLC from 2007 to 2010 and Executive Vice President and Chief Financial Officer at ATT Universal Card Services from 1997 to 1998. Between 1998 and 2006, Mr. Vecchione served in a number of positions at MBNA Corporationrationration, including three years as Vice Chairman and Chief Financial Officer. Mr. Vecchione previously served as a director of International Securities Exchange from 2007 through June 2016. Mr. Vecchione served on the board of the Federal Home Loan Bank of San Francisco from 2012 through 2013. Mr. Vecchione also served as a director of Affinion Group and was the Chairman of its Audit Committee until January 2011. Mr. Vecchione provides valuable insight and guidance on the issues of corporate strategy and risk management, has expertise and understanding of the current trends and regulatory issues within the financial services industry, extensive public company experience and day to day knowledge of the Company. since 2019.
Age | 71 |
Tenure | 6 years |
Address | One East Washington Street, Phoenix, AZ, United States, 85004 |
Phone | (602) 389-3500 |
Web | https://www.westernalliancebancorporation.com |
Kenneth Vecchione Latest Insider Activity
Tracking and analyzing the buying and selling activities of Kenneth Vecchione against Western Alliance stock is an integral part of due diligence when investing in Western Alliance. Kenneth Vecchione insider activity provides valuable insight into whether Western Alliance is net buyers or sellers over its current business cycle. Note, Western Alliance insiders must abide by specific rules, including filing SEC forms every time they buy or sell Western Alliance'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Kenneth Vecchione over two months ago Disposition of 5 shares by Kenneth Vecchione of Western Alliance at 90.38 subject to Rule 16b-3 | ||
Kenneth Vecchione over two months ago Disposition of 5 shares by Kenneth Vecchione of Western Alliance subject to Rule 16b-3 | ||
Kenneth Vecchione over six months ago Western Alliance exotic insider transaction detected | ||
Kenneth Vecchione over a year ago Purchase by Kenneth Vecchione of 125 shares of Encore Capital |
Western Alliance Management Efficiency
Return On Capital Employed is expected to rise to 0.01 this year, although the value of Return On Tangible Assets will most likely fall to 0.01. At this time, Western Alliance's Earning Assets are quite stable compared to the past year. Western Alliance's management efficiency ratios could be used to measure how well Western Alliance manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
Found 3 records | CEO Age | ||
Gregory Carmichael | Fifth Third Bancorp | 62 | |
Keith Maio | Zions Bancorporation | 66 | |
Aldon Anderson | Zions Bancorporation | 78 |
Management Performance
Return On Equity | 0.12 | ||||
Return On Asset | 0.0095 |
Western Alliance Ban Leadership Team
Elected by the shareholders, the Western Alliance's board of directors comprises two types of representatives: Western Alliance inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Western. The board's role is to monitor Western Alliance's management team and ensure that shareholders' interests are well served. Western Alliance's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Western Alliance's outside directors are responsible for providing unbiased perspectives on the board's policies.
Steven Hilton, Independent Director | ||
Marianne Johnson, Independent Director | ||
Juan Figuereo, Independent Director | ||
Timothy Boothe, Chief Operating Officer | ||
Donald Snyder, Independent Director | ||
Bryan Segedi, Independent Director | ||
Bruce Beach, Lead Independent Director | ||
Todd Marshall, Independent Director | ||
Adriane Mcfetridge, Independent Director | ||
Robert Latta, Independent Director | ||
Paulina Woo, Corporate Management | ||
CPA Ardrey, Senior Officer | ||
Nicholas Wanat, Chief Executive | ||
Jessica Jarvi, Chief Officer | ||
Kenneth Vecchione, President, Chief Executive Officer, Principal Operating Officer, Director | ||
Jeff Semonovich, Chief Officer | ||
James Ardrey, Senior Officer | ||
Dale CPA, Executive Chairman | ||
Stephen Curley, Chief Lines | ||
Robert Sarver, Chairman, CEO, Chairman of Torrey Pines Bank, CEO of Western Alliance Bank and Director of Western Alliance Bank | ||
Miles Pondelik, Director Development | ||
Sonny Sonnenstein, Chief Officer | ||
Timothy Bruckner, Chief Banking | ||
Eric Sockol, Senior Bank | ||
Don Garner, Executive Vice President - Arizona Administration; CFO of Alliance Bank of Arizona | ||
Randall Theisen, Executive Vice President General Counsel, Assistant Secretary | ||
Barbara Kennedy, Chief Human Resource Officer, Executive Vice President | ||
Sung Sohn, Independent Director | ||
Howard Gould, Independent Director | ||
Michael Patriarca, Independent Director | ||
Dale Gibbons, CFO, Executive VP, CFO of Western Alliance Bank and Executive VP of Western Alliance Bank | ||
Robert McAuslan, Executive Vice President Chief Credit Officer | ||
Tim Bruckner, Chief Credit Officer |
Western Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Western Alliance a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Return On Equity | 0.12 | ||||
Return On Asset | 0.0095 | ||||
Profit Margin | 0.25 % | ||||
Operating Margin | 0.36 % | ||||
Current Valuation | 11.54 B | ||||
Shares Outstanding | 110.07 M | ||||
Shares Owned By Insiders | 2.69 % | ||||
Shares Owned By Institutions | 91.37 % | ||||
Number Of Shares Shorted | 5.65 M | ||||
Price To Earning | 11.32 X |
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Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Western Alliance. If investors know Western will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Western Alliance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.09) | Earnings Share 7.09 | Revenue Per Share | Quarterly Revenue Growth 0.121 | Return On Assets |
The market value of Western Alliance Ban is measured differently than its book value, which is the value of Western that is recorded on the company's balance sheet. Investors also form their own opinion of Western Alliance's value that differs from its market value or its book value, called intrinsic value, which is Western Alliance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Western Alliance's market value can be influenced by many factors that don't directly affect Western Alliance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Western Alliance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Alliance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Alliance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.