Robert G. Sarver is the former CEO and current Executive Chairman of Western Alliance Bancorporation, a company he helped grow significantly since 2002. Born in 1967 with a Bachelor's degree in Business Administration, Sarver has a strong background in finance,...

Number of Employees

3.26K

Year

2018

Total Compensation

$4.46M

Salary

$934.62K

Board Justification

The compensation philosophy aims to align executive pay with the Company's performance and shareholder value, focusing on both fixed and variable components.

Bonus

$1.29M

Board Justification

The bonus was based on the Company's performance metrics, including earnings per share and net charge-off ratio, achieving a payout of 137.74% of the target.

Other

$100.28K

Board Justification

Other compensation includes insurance premiums and contributions to retirement plans.

Restricted Stock

$2.14M(36K RSU)

Board Justification

The stock that vested in 2018 was based on performance-based stock units and restricted stock awards granted in prior years, with a total value realized of $2,138,760.

Performance Metrics

The performance metrics included earnings per share, net charge-off ratio, classified asset ratio, and growth in deposits and loans.

SEC Filing

From April 17, 2019

Robert G. Sarver

Founder and Ex-CEO of Western Alliance Bancorporation

RG

Education

Bachelor's degree in Business Administration

Field of Expertise

Finance & Banking - Finance

Born

January 1, 1967 - 58 years ago

Is Founder?

Yes

Tenure

16 years 3 months (Jan 2002 - Apr 2018)

Previous Experience

Founder of Western Alliance Bancorporation