Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Kenneth A. Vecchione earned $6.64M in total compensation at Western Alliance Bancorporation, including $1.40M salary, $1.49M bonus and $3.65M in stock. Most recently acquired 10,485 shares in Feb 2025. Currently holds stock worth $51.02M. Led Western Alliance Bancorporation as CEO for 6 years.

Compensation History

Annual executive compensation data for Kenneth A. Vecchione, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$6.64M

Salary

$1.40M

Bonus

$1.49M

Other

$95.52K

Salary

$1.40M

Board Justification

The compensation philosophy emphasizes performance-based compensation to align executive pay with company performance and stockholder interests.

Bonus

$1.49M

Board Justification

The bonus amount reflects cash awards earned under the 2023 Annual Bonus Plan, based on fiscal year 2023 performance and paid to all of the NEOs in March 2024.

Other Compensation

$95.52K

Board Justification

Other compensation includes contributions to 401(k) and Restoration Plans, dividends on restricted shares, and a car allowance.

Restricted Stock

$3.65M57.57K RSU

Board Justification

The stock awards that vested in 2023 include restricted stock and performance-based stock units, with the total number of shares that vested being 57,574.

Performance Metrics

Performance metrics for the CEO's compensation include adjusted earnings per share, loan growth, deposit growth, and capital ratios.

W

Kenneth A. Vecchione

Ex-CEO of Western Alliance Bancorporation

Education

Bachelor's degree in Accounting from the State University of New York in Albany.

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

January 1, 1955 - 70 years ago

CEO of Western Alliance Bancorporation for

6 years 8 months (Apr 2018 - Dec 2024)

Previous Experience

President of Western Alliance Bancorporation, Chief Operating Officer

Holdings

Track Kenneth A. Vecchione's stock holdings and portfolio value over time.

Total Stock Sold

$2.64M

WAL

$2.64M

61,000 WAL shares

What if they kept their stock?

If Kenneth A. Vecchione didn't sell their stock, today they would have:
Extra WAL61,000 shares worth $5.21M.
This is 97.34% and $2.57M more than what they got when they sold the stock.

Insider Trading

Kenneth A. Vecchione's recent stock transactions, purchases, and sales filed with the SEC.

WAL

10,485 shares

WAL

Feb 6, 2025

Received

WAL

29,862 shares

WAL

Feb 15, 2024

Received

WAL

12,945 shares

WAL

Feb 6, 2024

Received

WAL

38,249 shares

WAL

Feb 16, 2023

Received

WAL

34,732 shares

WAL

Feb 7, 2023

Received

WAL

50,962 shares

WAL

Feb 22, 2022

Received

WAL

76 shares

WAL

Feb 16, 2022

Received

WAL

15,871 shares

WAL

Feb 8, 2022

Received

WAL

$549.60K

WAL at $98.14/share

Jan 31, 2022

Purchase

WAL

37,606 shares

WAL

Feb 25, 2021

Received

Rivals

Compare Kenneth A. Vecchione with competitor CEOs and industry peers.