People: HomeStreet Inc (HMST.O)
HMST.O on Nasdaq
23.78USD
17 May 2013
23.78USD
17 May 2013
Price Change (% chg)
$0.02 (+0.08%)
$0.02 (+0.08%)
Prev Close
$23.76
$23.76
Open
$23.89
$23.89
Day's High
$23.94
$23.94
Day's Low
$23.73
$23.73
Volume
37,678
37,678
Avg. Vol
137,575
137,575
52-wk High
$28.73
$28.73
52-wk Low
$15.39
$15.39
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
David Ederer |
69 | 2009 | Independent Chairman of the Board |
Mark Mason |
52 | 2012 | Vice Chairman of the Board, President, Chief Executive Officer |
Cory Stewart |
40 | 2012 | Executive Vice President, Principal Accounting Officer |
Godfrey Evans |
58 | Chief Administrative Officer, Executive Vice President, General Counsel, Corporate Secretary | |
Darrell van Amen |
46 | 2012 | Chief Investment Officer, Executive Vice President, Treasurer |
Richard Bennion |
62 | 2011 | Executive Vice President |
Jay Iseman |
52 | Chief Credit Officer, Executive Vice President | |
Patricia Leach |
60 | Executive Vice President | |
Bruce Williams |
58 | 2010 | Director |
Scott Boggs |
57 | 2012 | Independent Director |
Brian Dempsey |
74 | 2008 | Independent Director |
Victor Indiek |
74 | 2012 | Independent Director |
Thomas King |
68 | 2012 | Independent Director |
George Kirk |
66 | 2012 | Independent Director |
Michael Malone |
64 | 2012 | Independent Director |
Gerhardt Morrison |
74 | 2008 | Independent Director |
Douglas Smith |
48 | 2012 | Independent Director |
Biographies
| Name | Description |
|---|---|
David Ederer |
Mr. David A. Ederer is Independent Chairman of the Board of HomeStreet Inc. Since 1974 Mr. Ederer has served as the chairman of Ederer Investment Company, a private investment company, and he currently serves on the board of directors of the Prostate Cancer Foundation (formerly CaPCURE), PONCHO, CRISTA Ministries and the University of Washington Medical Institute for Prostate Cancer Research. Mr. Ederer has previously served as a director of a number of public and private companies, organizations and institutions, including Cascade Natural Gas, University Savings Bank, Farmers New World Life Insurance Company, Children’s Hospital and Seattle Pacific University. Mr. Ederer is a certified public accountant (inactive) and managed consulting, accounting and auditing services for Price Waterhouse from 1965 to 1974. Mr. Ederer received a bachelor’s degree in Business Administration from the University of Washington. |
Mark Mason |
Mr. Mark K. Mason is Vice Chairman of the Board, President, Chief Executive Officer of HomeStreet Inc. He served as Acting Chief Financial Officer of the Company. From 1998 to 2002, Mr. Mason was president, chief executive officer and chief lending officer for Bank Plus Corporation and its wholly owned banking subsidiary, Fidelity Federal Bank, where Mr. Mason also served as the chief financial officer from 1994 to 1995 and as chairman of the board of directors from 1998 to 2002. Most recently Mr. Mason served as president of a startup energy company, TEFCO, LLC, and he served on the boards of directors of Hanmi Financial Corp., San Diego Community Bank, and The Bjurman Barry Family of Mutual Funds. Mr. Mason is a certified public accountant (inactive) and holds a bachelor’s degree in Business Administration with an emphasis in Accounting from California State Polytechnic University. |
Cory Stewart |
Mr. Cory D. Stewart has been appointed as Executive Vice President, Principal Accounting Officer of HomeStreet, Inc., effective October 15, 2012. Mr. Stewart was previously the director of finance at Volt Information Sciences, Inc. from February 2009 to March 2012. Prior to that, Mr. Stewart spent over seven years from October 2001 to February 2009 in various finance, accounting and enterprise risk management roles at Washington Mutual, Inc. and is a licensed CPA in the state of Washington and a CFA charterholder since 2002. He graduated cum laude with a bachelor’s degree in accounting and an MBA from the University of Utah. |
Godfrey Evans |
Mr. Godfrey B. Evans is Chief Administrative Officer, Executive Vice President, General Counsel, Corporate Secretary of HomeStreet Inc. Mr. Evans joined HomeStreet in November 2009 and currently serves as the Executive Vice President, General Counsel and Chief Administrative Officer. From 2008 until joining HomeStreet, Mr. Evans was the managing director of the bankruptcy and restructuring practice group at Marshall & Stevens. Prior to this, Mr. Evans served as interim general counsel and chief restructuring officer for Chapeau, Inc. From 2005 to 2008, Mr. Evans served as a practicing attorney and as a project professional for Resources Global Professionals, and from 1987 to 2002, Mr. Evans served as executive vice president, chief administrative officer, general counsel and corporate secretary for Fidelity Federal Bank and its publicly traded holding companies, Bank Plus Corporation and Citadel Holding Corporation. Mr. Evans also served as an attorney for Gibson, Dunn & Crutcher LLP from 1982 to 1987. Mr. Evans is admitted to practice law in California and in Washington, D.C. Mr. Evans holds a bachelor’s degree and a master’s degree in Architecture from the University of California, Berkeley and a law degree from Loyola Law School in Los Angeles. |
Darrell van Amen |
Mr. Darrell van Amen has been appointed as Chief Investment Officer, Executive Vice President, Treasurer of HomeStreet Inc with effect from July 27, 2012. Mr. van Amen joined the Bank in 2003 and currently serves as Senior Vice President and Treasurer. Prior to his current position with the Bank, he was the Vice President, Asset/Liability Manager and Treasurer of the Bank and the Company from 2003 to 2010. Prior to that, Mr. van Amen served as the quantitative analytics manager for the Royal Bank of Canada, vice president and balance sheet manager at Old Kent Financial. He holds a bachelor’s degree in Economics from Weber State University and a master’s degree in Economics from Claremont Graduate University. |
Richard Bennion |
Mr. Richard W.H. Bennion is Executive Vice President of HomeStreet, Inc. Mr. Bennion joined HomeStreet in 1977 and currently serves as the Bank’s Executive Vice President and Residential Lending Director. He has been a member of the Fannie Mae Western Business Center Advisory Board since 2004, Chair of the Housing Partnership, a nonprofit organization, from 2001 to 2007 and a member of the University of Washington Milgard School of Business Advisory Board since 2004. Mr. Bennion is the past director of the Homebuilders Association of Tacoma-Pierce County, the past director and president of Puget Sound Mortgage Lenders Association and Washington Mortgage Lenders Association. Mr. Bennion holds a bachelor’s degree in History and China Regional Studies from the University of Washington and a masters of business administration from the University of Washington and is a graduate of the School of Mortgage Banking. |
Jay Iseman |
Mr. Jay C. Iseman is Chief Credit Officer, Executive Vice President is HomeStreet Inc. Mr. Iseman joined the Bank in August 2009 and currently serves as the Executive Vice President and Chief Credit Officer of the Company and the Bank. Prior to his current position and since joining the Company in 2009, Mr. Iseman has served as Senior Vice President, Credit Administration and Vice President, Special Assets Group and OREO Group Manager and Income Property Credit Administrator. Mr. Iseman served as senior vice president and senior portfolio manager of commercial special assets with Bank of America between 2008 and 2009 and as vice president and client manager with Bank of America from 2000 to 2007. During 2008, prior to returning to Bank of America, Mr. Iseman served as vice president and senior relationship manager with Key Bank Real Estate Capital. Mr. Iseman holds a bachelor’s degree in Business Administration and Economics from Seattle Pacific University and a certificate of advanced study in International Finance and Marketing from the American Graduate School of International Management. |
Patricia Leach |
Ms. Patricia A. Leach is Executive Vice President of HomeStreet Inc. Ms. Leach joined the Bank in 1985 and since 1998 has served as the Executive Vice President and Income Property Lending Director. Since 1985 Ms. Leach has also served as Senior Vice President and Manager of Income Property Finance, Vice President and Income Property Loan Officer, and income property loan closer. Ms. Leach is a member of the board of directors of the Seattle Housing Resources Group, member of Commercial Real Estate Women, member of National Association of Industrial and Office Parks, past chair and member of Embers, an industry peer group, and a member of the mortgage banking committee of the Mortgage Bankers Association of America. She is also treasurer of the Urban Land Institute of Seattle. Ms. Leach previously served as chairperson of Embers, chairperson of the Affordable Housing Committee, co-chairperson of the Multifamily Committee, a member of the board of directors of Common Ground, a member of the Income Property Committee of Seattle Mortgage Bankers, a member of the Fannie Mae Housing Impact Advisory Council and a member of the Fannie Mae Partnership Office Advisory Council. Ms. Leach received her bachelor’s degree in Anthropology from the University of New Hampshire and a Master Urban & Regional Planning degree in Housing and Real Estate Finance from George Washington University. |
Bruce Williams |
Mr. Bruce W. Williams is Director of HomeStreet Inc. Mr. Williams began serving as an officer of the Company in 1990, first as the Company's general counsel and then as a senior vice president. In 2000, he was promoted to president and chief operating officer and then to chief executive officer in 2002, a position that he held until January 2010. Prior to working at HomeStreet, Mr. Williams served for two years in the U.S. Peace Corps as a college professor in Liberia. From 1982 to 1987 Mr. Williams worked as an attorney at Perkins Coie LLP in Seattle. Mr. Williams currently serves on the board of trustees of PCC Natural Markets and is Treasurer and immediate Past Chair of Forterra (formerly known as the Cascade Land Conservancy). Mr. Williams previously served on the Visiting Committee of the University of Washington Daniel J. Evans School of Public Affairs, Chair of the Washington Financial League, on the Boards of Directors of the Mortgage Bankers Association of America, the Washington Roundtable and the Seattle Chamber of Commerce and on the International Advisory Board of the Seattle Public Schools. Mr. Williams holds a bachelor’s degree in History from Stanford University and a law degree from the University of Washington School of Law. |
Scott Boggs |
Mr. Scott M. Boggs is Independent Director of HomeStreet Inc. Prior to joining the Bank, Mr. Boggs was employed by Microsoft Corporation from 1993 to 2003 where he served of positions including vice president, corporate controller from 1998 to 2003. Mr. Boggs was also an adjunct professor for the Seattle University Albers School of Business and Economics teaching accounting and information systems from 2004 until 2009. Mr. Boggs previously served as a trustee and chair of the audit committee and budget and investments committee of the Financial Executives Research Foundation from 2002 to 2008, as director, chair of the pension committee and audit committee and designated financial experience of the Cascade Natural Gas Corporation from 2004 to 2007, and director, vice chair of audit committee and designated financial experience of the Safeco of mutual funds from 2002 to 2004. He is a former member of the King County Strategic Technology Advisory Council, the Seattle University Accounting Advisory Board and the Financial Executives International. Mr. Boggs started his career as a certified public accountant with Deloitte, Haskins & Sells from 1977 to 1985, and he received his bachelor’s degree in Accounting from the University of Washington. |
Brian Dempsey |
Mr. Brian P. Dempsey is Independent Director of HomeStreet Inc. From 1999 until 2001, he also served as a member of the board of directors of the Company, and rejoined the board of directors of the Company in 2008. Mr. Dempsey previously served as vice chairman of the Bank from 1996 to 2001. Between 1991 and 2002, Mr. Dempsey served as a member of the board of directors of Golden State Bancorp. He also served as president and chairman of University Savings Bank from 1984 to 1994. Mr. Dempsey previously served as a member of the board of directors of the Federal Home Loan Bank of Seattle, as president of Talmadge Hamilton House (a United Way Agency) and as chairman of the Washington Savings League. Mr. Dempsey received a bachelor’s degree in Business Administration and a masters of business administration from the University of Washington. |
Victor Indiek |
Mr. Victor H. Indiek is Independent Director of HomeStreet Inc. He has been a project manager at Quantum Partners since 2007 where he manages FDIC receiverships, including the disposition of the assets of failed banks. He is currently a principal at Indiek Realty/Finance, which he formed in 1995. From 1999 to 2002 he served as a director and chairman of the audit committee of Bank Plus Corporation and Fidelity Federal Bank. Mr. Indiek was also involved in the formation of Freddie Mac, serving initially as its first chief financial officer from 1970 to 1973 and then as its president and chief executive officer from 1974 to 1977. He subsequently served as an executive officer at several financial institutions, including American Diversified Savings, American Savings/Financial Corporation of America and FarWest Savings, and as an audit manager for Arthur Andersen & Co. Mr. Indiek holds a bachelor’s degree in accounting from the University of Kansas, is a certified public accountant and a California real estate broker. |
Thomas King |
Mr. Thomas E. King is Independent Director of HomeStreet Inc. Prior to joining the Bank’s board, Mr. King served as president and chief executive officer, chief credit officer and director of San Diego Community Bank from 2001 to 2006. Since retiring from San Diego Community Bank following its sale to First Banks, Inc. in 2006, Mr. King has provided consulting services to banks and other financial services companies. Prior to joining San Diego Community Bank, he served as executive vice president and chief operating officer of Fullerton Community Bank from 1997 to 1998, president and chief executive officer and director of the Bank of Southern California from 1994 to 1996, and president, chief executive officer and director of CapitolBank Sacramento from 1992 to 1994. From 1969 to 1992, Mr. King held senior positions in commercial lending, real estate lending, credit administration, corporate and merchant banking and retail banking at Security Pacific National Bank. He received a bachelor’s degree in Business Administration from California State University, Northridge. |
George Kirk |
Mr. George Kirk is Independent Director of HomeStreet Inc. Mr. Kirk served as president of Port Blakely Communities, Inc. from 1997 to 2007 and as its Chief Executive Officer from 2007 to 2008. Prior to joining Port Blakely Communities, he served as president of Skinner Development Company and until 1986, chaired the Real Estate Department of Davis Wright Tremaine LLP in Seattle. Mr. Kirk is a member of the Washington State Bar Association (WSBA). He has previously served as a member of the Urban Land Institute (CDC Council), American College of Real Estate Lawyers, and the Pacific Real Estate Institute. He is also a member of the boards of directors of several community organizations, including University of Washington Physicians, and the Cascade Land Conservancy Advisory Board. Mr. Kirk has previously served as the chairman of the WSBA Real Property, Probate and Trust Section. Mr. Kirk received a bachelor’s degree in Finance from the University of Washington, School of Business, and a law degree cum laude from Harvard Law School. |
Michael Malone |
Vice Admiral Michael J. Malone USN (Retd.)., is Independent Director of HomeStreet Inc. Mr. Malone has served on the board of directors and the audit committee of Expeditors International since 1999. Mr. Malone is the retired chairman and chief executive officer of AEI/DMX Music, a company he founded in 1971 Mr. Malone serves on the Seattle Police Foundation, having been a founding member and past chairman. Additionally, he serves on the National Council of the National Trust for Historic Preservation, the board of directors of the Northwest African American Museum, and the board of directors of Capitol Hill Housing in Seattle. Mr. Malone holds a bachelor’s degree from the University of Washington. |
Gerhardt Morrison |
Mr. Gerhardt Morrison is Independent Director of HomeStreet Inc. Mr. Morrison is a retired business attorney. He previously served as chairman of the Bogle & Gates’ Business Law Department until his retirement on December 31, 1997. He has also served as a trustee of the Northwest Hospital and as chairman of its audit committee, as a director and treasurer of Citizens for Smart Growth (Blaine County, Idaho), a trustee of Zion Preparatory Academy, chairman and trustee of Big Brothers of Seattle, a trustee of the Overlake School, and as a trustee of the Seattle Repertory Theatre. Mr. Morrison received a bachelor’s degree in Business Administration and Accounting from the University of Washington and a law degree from Stanford Law School. |
Douglas Smith |
Mr. Douglas I. Smith is Independent Director of HomeStreet Inc. Mr. Smith has worked for Miller and Smith Inc., a privately held residential land development and home building company in metropolitan Washington, D.C., since 1992, and has served as its president since 1998. Mr. Smith holds an MBA from Harvard Business School and a bachelor’s degree in economics from DePauw University. Mr. Smith has been elected to serve as a director because of his experience in the residential construction lending area as well as his experience in the home building and land development industries. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
David Ederer |
-- |
Mark Mason |
1,221,140 |
Cory Stewart |
-- |
Godfrey Evans |
486,611 |
Darrell van Amen |
-- |
Richard Bennion |
514,503 |
Jay Iseman |
354,333 |
Patricia Leach |
251,588 |
Bruce Williams |
158,557 |
Scott Boggs |
-- |
Brian Dempsey |
-- |
Victor Indiek |
-- |
Thomas King |
-- |
George Kirk |
-- |
Michael Malone |
-- |
Gerhardt Morrison |
-- |
Douglas Smith |
-- |
As Of 30 Dec 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
David Ederer |
0 | 0 |
Mark Mason |
0 | 0 |
Cory Stewart |
0 | 0 |
Godfrey Evans |
0 | 0 |
Darrell van Amen |
0 | 0 |
Richard Bennion |
0 | 0 |
Jay Iseman |
0 | 0 |
Patricia Leach |
0 | 0 |
Bruce Williams |
0 | 0 |
Scott Boggs |
0 | 0 |
Brian Dempsey |
0 | 0 |
Victor Indiek |
0 | 0 |
Thomas King |
0 | 0 |
George Kirk |
0 | 0 |
Michael Malone |
0 | 0 |
Gerhardt Morrison |
0 | 0 |
Douglas Smith |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
WILLIAMS BRUCE W |
12,500 | $24.14 |
EVANS GODFREY B |
10,764 | $23.57 |
BOGGS SCOTT M |
2,000 | $22.37 |
KIRK GEORGE |
1,000 | $21.78 |
EDERER DAVID A |
1,000 | $21.85 |
EDERER DAVID A |
1,000 | $21.85 |
EDERER DAVID A |
2,000 | $21.85 |
EDERER DAVID A |
1,000 | $21.85 |
INDIEK VICTOR H |
12 | $21.49 |
BENNION RICHARD W H |
56 | $21.14 |
DEMPSEY BRIAN P |
98 | $0.00 |
BOGGS SCOTT M |
196 | $0.00 |
SMITH DOUGLAS IRVINE |
98 | $0.00 |
EDERER DAVID A |
196 | $0.00 |
KIRK GEORGE |
196 | $0.00 |
MORRISON GERHARDT |
98 | $0.00 |
KING THOMAS E |
147 | $0.00 |
INDIEK VICTOR H |
98 | $0.00 |
WILLIAMS BRUCE W |
98 | $0.00 |
MALONE MICHAEL J |
98 | $0.00 |
WILLIAMS BRUCE W |
5,000 | $24.87 |
WILLIAMS BRUCE W |
5,000 | $24.92 |
WILLIAMS BRUCE W |
5,000 | $26.29 |
LEMON PAULETTE |
771 | $26.35 |
GREENWALD SUSAN C |
1,758 | $25.86 |

