Last updated: 19 August 2024 at 5:15pm EST

Kenneth Vecchione Net Worth




The estimated Net Worth of Kenneth Vecchione is at least $47.6 Million dollars as of 15 August 2024. Mr. Vecchione owns over 539 units of Western Alliance Bancorp stock worth over $35,161,761 and over the last 17 years he sold WAL stock worth over $7,204,500. In addition, he makes $5,261,280 as President, Chief Executive Officer, and Director at Western Alliance Bancorp.

Mr. Vecchione WAL stock SEC Form 4 insiders trading

Kenneth has made over 27 trades of the Western Alliance Bancorp stock since 2010, according to the Form 4 filled with the SEC. Most recently he exercised 539 units of WAL stock worth $42,414 on 15 August 2024.

The largest trade he's ever made was buying 70,000 units of Western Alliance Bancorp stock on 24 August 2010 worth over $437,500. On average, Kenneth trades about 2,890 units every 36 days since 2008. As of 15 August 2024 he still owns at least 446,839 units of Western Alliance Bancorp stock.

You can see the complete history of Mr. Vecchione stock trades at the bottom of the page.





Kenneth Vecchione biography

Kenneth A. Vecchione serves as President, Chief Executive Officer, Director of the Company. He served as the non-management Chairman of the Company’s 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 Company’s 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 Group’s largest majority owned international subsidiary. During 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 and Executive Vice President and Chief Financial Officer at AT&T Universal Card Services from 1997 to 1998. Between 1998 and 2006, Mr. Vecchione served in a number of positions at MBNA Corporation, 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.

What is the salary of Kenneth Vecchione?

As the President, Chief Executive Officer, and Director of Western Alliance Bancorp, the total compensation of Kenneth Vecchione at Western Alliance Bancorp is $5,261,280. There are no executives at Western Alliance Bancorp getting paid more.



How old is Kenneth Vecchione?

Kenneth Vecchione is 65, he's been the President, Chief Executive Officer, and Director of Western Alliance Bancorp since 2019. There are 7 older and 16 younger executives at Western Alliance Bancorp. The oldest executive at Western Alliance Bancorp is Sung Won Sohn, 75, who is the Independent Director.

What's Kenneth Vecchione's mailing address?

Kenneth's mailing address filed with the SEC is C/O WESTERN ALLIANCE BANCORPORATION, ONE E. WASHINGTON STREET, STE 1400, PHOENIX, AZ, 85004.

Insiders trading at Western Alliance Bancorp

Over the last 19 years, insiders at Western Alliance Bancorp have traded over $253,591,951 worth of Western Alliance Bancorp stock and bought 3,128,725 units worth $56,142,096 . The most active insiders traders include Robert Gary Sarver, William S Boyd, and Marianne Boyd Johnson. On average, Western Alliance Bancorp executives and independent directors trade stock every 14 days with the average trade being worth of $1,693,724. The most recent stock trade was executed by Robert P Latta on 9 September 2024, trading 2,996 units of WAL stock currently worth $247,919.



What does Western Alliance Bancorp do?

western alliance bank serves customers in in arizona, california, and nevada. the company provides services to businesses, entrepreneurs, professionals, nonprofit organizations, high net worth individuals and other consumers seeking the robust product array of a national bank with the individual, personal attention of a community bank, delivered through a dedicated, local relationship manager.



What does Western Alliance Bancorp's logo look like?

Western Alliance Bancorp logo

Complete history of Mr. Vecchione stock trades at Encore Capital, Western Alliance Bancorp, and Western Alliance Bancorp

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
15 Aug 2024 Kenneth Vecchione
President and CEO
Option 539 $77.03 $41,519
15 Aug 2024
446,839
15 Jul 2024 Kenneth Vecchione
President and CEO
Option 539 $69.84 $37,644
15 Jul 2024
446,839
15 Jun 2024 Kenneth Vecchione
President and CEO
Option 539 $58.57 $31,569
15 Jun 2024
446,839
15 May 2024 Kenneth Vecchione
President and CEO
Option 539 $64.79 $34,922
15 May 2024
446,839
15 Apr 2024 Kenneth Vecchione
President and CEO
Option 539 $56.16 $30,270
15 Apr 2024
446,839
15 Mar 2024 Kenneth Vecchione
President and CEO
Option 539 $57.98 $31,251
15 Mar 2024
446,839
31 Jan 2022 Kenneth Vecchione
President and CEO
Buy 5,600 $97.88 $548,128
31 Jan 2022
750
9 Mar 2020 Kenneth Vecchione
President and CEO
Buy 5,500 $32.98 $181,390
9 Mar 2020
450
27 Jul 2018 Kenneth Vecchione
President and CEO
Buy 10,400 $56.95 $592,280
27 Jul 2018
200
13 Dec 2016 Kenneth Vecchione
President and CEO
Sale 50,000 $48.03 $2,401,500
13 Dec 2016
140,387
13 Dec 2016 Kenneth Vecchione
President and CEO
Sale 50,000 $48.03 $2,401,500
13 Dec 2016
140,387
12 Nov 2014 Kenneth Vecchione
President and CEO
Option 6,000 $15.90 $95,400
12 Nov 2014
186,887
13 Jun 2013 Kenneth Vecchione
President and CEO
Option 5,000 $7.61 $38,050
13 Jun 2013
177,478
9 Aug 2011 Kenneth Vecchione
President and CEO
Buy 5,000 $5.86 $29,300
9 Aug 2011
204,028
10 Jun 2011 Kenneth Vecchione
President and CEO
Buy 15,000 $6.60 $99,000
10 Jun 2011
190,127
24 Aug 2010 Kenneth Vecchione
President and CEO
Buy 70,000 $6.25 $437,500
24 Aug 2010
158,567
27 Jul 2018 Kenneth Vecchione
CEO
Buy 10,400 $56.95 $592,280
27 Jul 2018
200
13 Dec 2016 Kenneth Vecchione
CEO
Sale 50,000 $48.03 $2,401,500
13 Dec 2016
140,387
12 Nov 2014 Kenneth Vecchione
CEO
Option 6,000 $15.90 $95,400
12 Nov 2014
186,887
13 Jun 2013 Kenneth Vecchione
CEO
Option 5,000 $7.61 $38,050
13 Jun 2013
177,478
9 Aug 2011 Kenneth Vecchione
CEO
Buy 5,000 $5.86 $29,300
9 Aug 2011
204,028
10 Jun 2011 Kenneth Vecchione
CEO
Buy 15,000 $6.60 $99,000
10 Jun 2011
190,127
24 Aug 2010 Kenneth Vecchione
CEO
Buy 70,000 $6.25 $437,500
24 Aug 2010
158,567
29 Feb 2016 Kenneth Vecchione
President
Buy 10,000 $23.22 $232,200
29 Feb 2016
169,635
29 Feb 2016 Kenneth Vecchione
President
Buy 10,000 $23.22 $232,200
29 Feb 2016
169,635
15 Dec 2015 Kenneth Vecchione
President
Buy 2,125 $29.27 $62,199
15 Dec 2015
125
8 Jun 2015 Kenneth Vecchione
President
Buy 4,000 $39.62 $158,480
8 Jun 2015
157,635


Western Alliance Bancorp executives and stock owners

Western Alliance Bancorp executives and other stock owners filed with the SEC include: