Sundar PichaiSundar Pichai earned $164M in 2023

Jared M. Wolff is the President and CEO of Banc of California, a position he has held since March 2019. He came from a strong background in banking and corporate governance, previously serving as General Counsel at City National Bank....

Quick Links
B

Jared M. Wolff

Ex-CEO of Banc of California

Education

Not specified

Sector of Economy

Financial Services

CEO of Banc of California for

4 years 5 months (May 2019 - Oct 2023)

Previous Experience

Not specified

Holdings

See how much did Jared M. Wolff make over time.

Jared M. Wolff holds approximately 170,000 shares in Banc of California. His holdings reflect a strong commitment to the company's future. In terms of value, his shares represent a significant part of his net worth, showing that he is invested...

Mar 18, 2025

Insider Trading

See recent insider trades of Jared M. Wolff.

BANC

89,591 shares

BANC

Feb 25, 2025

Received

BANC

$99.68K

BANC at $13.98/share

Apr 25, 2024

Purchase

BANC

92,041 shares

BANC

Feb 27, 2024

Received

BANC

71,075 shares

BANC

Nov 30, 2023

Received

BANC

$75.12K

BANC at $11.10/share

May 1, 2023

Purchase

BANC

23,239 shares

BANC

Feb 27, 2023

Received

BANC

27,113 shares

BANC

Feb 23, 2023

Received

BANC

28,810 shares

BANC

Mar 1, 2022

Received

BANC

$98.80K

BANC at $19.70/share

Jan 27, 2022

Purchase

BANC

$99.41K

BANC at $17.75/share

Apr 27, 2021

Purchase

Compensation History

See how much did Jared M. Wolff make over time.

In 2022, Jared M. Wolff's total compensation was reported at about $5.7 million. This includes a base salary of $865,000 and substantial bonuses that contribute to his earnings. His compensation package is designed to align his interests with the bank’s long-term performance. For performance metrics, he is focused on financial indicators like core EPS and return on assets. This aligns executives' incentives with the shareholders' goals, ensuring that success is shared. His prior years showed significant variation as well, starting with around $2.1 million in 2020, reflecting the growth trajectory of the bank under his leadership. Beyond just numbers, his pay structure incorporates both cash rewards and stock options, all aiming to incentivize performance that benefits everyone involved.

Year

2022

Total Compensation

$2.98M

Salary

$864.17K

Board Justification

The compensation program is designed to align the interests of executive officers with the long-term strategy and performance of the Company, with a focus on performance-based awards and risk management.

Bonus

$787.50K

Board Justification

Eligible for annual cash bonus, targeted at 100% of annual base salary. The actual bonus earned may be between 0% and 150% of target bonus.

Other

$77.06K

Board Justification

Includes club memberships and health insurance benefits.

Restricted Stock

$1.26M(65.22K RSU)

Board Justification

Represents the number of shares acquired on vesting of RSAs, RSUs and PSUs during the year ended December 31, 2022.

Performance Metrics

Performance metrics include Diluted Core EPS, Core ROAA, and Relative TSR relative to the KBW Nasdaq Regional Banking Index.