Kenneth A.  Vecchione net worth and biography

Kenneth Vecchione Biography and Net Worth

Kenneth A. Vecchione is Chief Executive Officer of Western Alliance Bancorporation (NYSE: WAL), one of the top-performing banking companies in the U.S. Mr. Vecchione previously served as the company’s President and Chief Operating Officer from 2010 to 2013 and has been a member of the Board of Directors since 2007.

From 2013 to 2017, Mr. Vecchione was President, Chief Executive Officer and Director at Encore Capital Group and served as Chairman of Cabot Credit Management, Encore Capital Group’s largest majority owned international subsidiary from 2014 to 2017. Throughout his more than 35-year 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. Between 1998 and 2006, Mr. Vecchione served in several positions at MBNA Corporation, including three years as Vice Chairman and Chief Financial Officer. Prior to this, he served as Chief Financial Officer at AT&T Universal Card Services and Chief Financial Officer of Citigroup credit card services.

Providing valuable insight and guidance on the issues of corporate strategy and risk management and offering diverse relationships within the financial services community, Mr. Vecchione served on the Board of Directors for Encore Capital Group, International Securities Exchange, the Federal Home Loan Bank and Affinion Group.

What is Kenneth A. Vecchione's net worth?

The estimated net worth of Kenneth A. Vecchione is at least $27.64 million as of March 9th, 2020. Mr. Vecchione owns 305,807 shares of Western Alliance Bancorporation stock worth more than $27,638,837 as of November 17th. This net worth estimate does not reflect any other assets that Mr. Vecchione may own. Additionally, Mr. Vecchione receives an annual salary of $2,990,000.00 as CEO at Western Alliance Bancorporation. Learn More about Kenneth A. Vecchione's net worth.

How old is Kenneth A. Vecchione?

Mr. Vecchione is currently 70 years old. There are 6 older executives and no younger executives at Western Alliance Bancorporation. Learn More on Kenneth A. Vecchione's age.

What is Kenneth A. Vecchione's salary?

As the CEO of Western Alliance Bancorporation, Mr. Vecchione earns $2,990,000.00 per year. Learn More on Kenneth A. Vecchione's salary.

How do I contact Kenneth A. Vecchione?

The corporate mailing address for Mr. Vecchione and other Western Alliance Bancorporation executives is ONE E. WASHINGTON STREET SUITE 1400, PHOENIX AZ, 85004. Western Alliance Bancorporation can also be reached via phone at (602) 389-3500 and via email at [email protected]. Learn More on Kenneth A. Vecchione's contact information.

Has Kenneth A. Vecchione been buying or selling shares of Western Alliance Bancorporation?

Kenneth A. Vecchione has not been actively trading shares of Western Alliance Bancorporation in the last ninety days. Most recently, on Monday, January 31st, Kenneth Vecchione bought 5,000 shares of Western Alliance Bancorporation stock. The stock was acquired at an average cost of $97.81 per share, with a total value of $489,050.00. Learn More on Kenneth A. Vecchione's trading history.

Who are Western Alliance Bancorporation's active insiders?

Western Alliance Bancorporation's insider roster includes J Ardrey, Jr. (CAO), Timothy Boothe (COO), Marianne Boyd Johnson (Director), Tim Bruckner (Insider), Stephen Curley (Chief Banking Officer, National Business Lines and President), Dale Gibbons (CFO), Steven Hilton (Director), Barbara Kennedy (Chief Human Resources Officer), Robert Latta (Director), Todd Marshall (Director), Robert Sarver (Chairman), Bryan Segedi (Director), Donald Snyder (Director), Randall Theisen (General Counsel), and Kenneth Vecchione (CEO). Learn More on Western Alliance Bancorporation's active insiders.

Are insiders buying or selling shares of Western Alliance Bancorporation?

In the last twelve months, insiders at the financial services provider sold shares 6 times. They sold a total of 27,635 shares worth more than $2,065,687.17. The most recent insider tranaction occured on September, 9th when Director Robert P Latta sold 2,996 shares worth more than $247,919.00. Insiders at Western Alliance Bancorporation own 2.8% of the company. Learn More about insider trades at Western Alliance Bancorporation.

Information on this page was last updated on 9/9/2024.

Kenneth A. Vecchione Insider Trading History at Western Alliance Bancorporation

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
1/31/2022Buy5,000$97.81$489,050.00View SEC Filing Icon  
3/9/2020Buy5,500$32.75$180,125.00305,807View SEC Filing Icon  
7/27/2018Buy10,400$56.95$592,280.00264,667View SEC Filing Icon  
11/12/2014Sell6,000$26.97$161,820.00View SEC Filing Icon  
6/13/2013Sell5,000$14.41$72,050.00View SEC Filing Icon  
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Kenneth A. Vecchione Buying and Selling Activity at Western Alliance Bancorporation

This chart shows Kenneth Vecchione's buying and selling at Western Alliance Bancorporation by year and by quarter.

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Western Alliance Bancorporation Company Overview

Western Alliance Bancorporation logo
Western Alliance Bancorporation operates as the bank holding company for Western Alliance Bank that provides various banking products and related services primarily in Arizona, California, and Nevada. It operates through Commercial and Consumer Related segments. The company offers deposit products, including checking, savings, and money market accounts, as well as fixed-rate and fixed maturity certificates of deposit accounts; demand deposits; and treasury management and residential mortgage products and services. It also provides commercial and industrial loan products, such as working capital lines of credit, loans to technology companies, inventory and accounts receivable lines, mortgage warehouse lines, equipment loans and leases, and other commercial loans; commercial real estate loans, which are secured by multi-family residential properties, professional offices, industrial facilities, retail centers, hotels, and other commercial properties; construction and land development loans for single family and multi-family residential projects, industrial/warehouse properties, office buildings, retail centers, medical office facilities, and residential lot developments; and consumer loans. In addition, the company provides other financial services, such as internet banking, wire transfers, electronic bill payment and presentment, funds transfer and other digital payment offerings, lock box services, courier, and cash management services. Further, the company holds certain investment securities, municipal and non-profit loans, and leases; invests primarily in low-income housing tax credits and small business investment corporations; and holds certain real estate loans and related securities. Western Alliance Bancorporation was founded in 1994 and is headquartered in Phoenix, Arizona.
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Today's Range

Now: $90.38
Low: $88.89
High: $91.80

50 Day Range

MA: $85.78
Low: $78.55
High: $96.15

2 Week Range

Now: $90.38
Low: $47.54
High: $96.45

Volume

1,000,731 shs

Average Volume

1,501,575 shs

Market Capitalization

$9.95 billion

P/E Ratio

13.95

Dividend Yield

1.64%

Beta

1.44