Western Alliance Bancorporation’s Kenneth Vecchione and Dale Gibbons Named Best CEO, CFO in Extel’s 2024 All-America Executive Team for Midcap Banks
PHOENIX -- Western Alliance Bancorporation (NYSE:WAL) today announced that Kenneth A. Vecchione, President and Chief Executive Officer, and Dale Gibbons, Vice Chairman and Chief Financial Officer, were named as Best CEO and Best CFO, respectively, in Extel’s (previously Institutional Investor’s) 2024 All-America Executive Team rankings for Banks – Midcap ($2B-$10B).
The Western Alliance Bancorporation Board of Directors was also recognized for their exceptional leadership, receiving First Place for Best Company Board. Miles Pondelik, Senior Director of Investor Relations, and the company’s Investor Relations team were similarly recognized for being among the top professionals in the industry.
This latest recognition extends Western Alliance Bancorporation’s strong history with the All-America Executive Team rankings. In 2023 and 2022, Vecchione and Gibbons also were named #1 Best CEO and Best CFO, respectively, and the Company’s Board of Directors and IR team also took top honors for Banks – Midcap. The Company’s outstanding rankings on the All-America Executive Team reach back even further over the past several years.
For the 2024 ranking, Extel collected the opinions of 979 portfolio managers and buy-side analysts, and 151 sell-side analysts. More than 570 companies received votes in this year’s All-America Executive Team Midcap survey. Of those companies, 160 received a first-, second-, or third-place ranking in one or more of the following categories: Best IR Program, CEO, CFO, IR Professional, Investor Day, Company Board, and ESG.
Sixty-one companies were distinguished as “Most Honored” for receiving the highest total weighted score from the underlying data received in each of the seven categories. Because of the high rankings earned by both Vecchione and Gibbons for their corporate leadership and investor relations expertise, Western Alliance Bancorporation also was listed among the magazine’s “Most Honored Companies.”
“We appreciate the confidence of portfolio managers and analysts who participated in this year’s survey, and the recognition we’ve received of our transparent and responsive investor relations approach,” said Vecchione last week.
Western Alliance Bank
Western Alliance Bancorporation (NYSE:WAL) is one of the country’s top-performing banking companies. Its primary subsidiary, Western Alliance Bank, Member FDIC, is a leading national bank for business that puts customers first, delivering tailored business banking solutions and consumer products backed by outstanding, personalized service and specific expertise in more than 30 industries and sectors. With $90 billion in assets and offices nationwide, Western Alliance excels at helping businesses of all sizes capitalize on their opportunities to solve today and succeed tomorrow. Western Alliance Bank includes six legacy bank brands — Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank — that continue to be part of the company’s heritage. Western Alliance has ranked as a top U.S. bank by American Banker and Bank Director since 2016. In 2024, Western Alliance Bancorporation again was #1 for Best CEO, Best CFO and Best Company Board of Directors on Extel’s All-America Executive Team Midcap Banks list.