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PacWest Bancorp (PACW.O)

PACW.O on Nasdaq

47.42USD
26 May 2017
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Summary

Name Age Since Current Position

John Eggemeyer

71 2000 Chairman of the Board

Matthew Wagner

60 2014 President, Chief Executive Officer, Director of the company and Pacific Western Bank

Patrick Rusnak

53 2016 Chief Financial Officer, Executive Vice President

Bart Olson

49 2017 Executive Vice President and Chief Accounting Officer of the Company and Pacific Western Bank

Stanley Ivie

57 2016 Executive Vice President, Chief Risk Officer of the company and Pacific Western Bank

Kori Ogrosky

47 2014 Executive Vice President, General Counsel, Corporate Secretary of the Company; Executive Vice President and Corporate Secretary of Pacific Western Bank

Christopher Blake

57 2014 Executive Vice President and Director of Human Resources of the Company and Pacific Western Bank

James Pieczynski

54 2014 Executive Vice President, Director; President of CapitalSource, and Director of Pacific Western Bank

Donald Destino

47 2016 Executive Vice President, Corporate Development and Investor Relations

Mark Christian

53 2005 Executive Vice President, Manager - Operations and Systems of the Company and Pacific Western Bank

Bryan Corsini

55 2014 Executive Vice President and Chief Credit Officer of the Company; Executive Vice President of Pacific Western Bank

Frank Tower

50 2015 Executive Vice President of the Company and President of the Square 1 Bank Division of Pacific Western Bank

Mark Yung

2017 Director

Tanya Acker

46 2016 Independent Director

Paul Burke

54 2015 Independent Director

Craig Carlson

66 2010 Independent Director

C. William Hosler

53 2014 Independent Director

Susan Lester

60 2004 Independent Director

Roger Molvar

61 2014 Independent Director

Daniel Platt

70 2017 Independent Director

Robert Stine

70 2000 Independent Director

Biographies

Name Description

John Eggemeyer

Mr. John M. Eggemeyer, III, is a Chairman of the Board of PacWest Bancorp. Mr. Eggemeyer has been an investor, executive and financial advisor in the field of commercial banking for over 30 years. Mr. Eggemeyer is co-founder and chief executive of Castle Creek Capital LLC, a private equity firm founded in 1990 that specializes in the financial services industry. Mr. Eggemeyer is also a director of Guaranty Bancorp, a position he has held since 2004, and he was Chief Executive Officer of Guaranty Bancorp from 2004 to 2006 and Chairman of the Board of Guaranty Bancorp from 2004 to 2010. Since December 2016, Mr. Eggemeyer has been a director of The Bancorp, Inc. Mr. Eggemeyer was a director of Heritage Commerce Corp. from August 2010 to December 2016, and he was a director of Pacific Western Bank from 2010 until 2014. Previously, he served as Chairman and Chief Executive Officer of White River Capital, Inc., a consumer finance company and its wholly owned subsidiary, Union Acceptance Company LLC, and as a director of TCF Financial Corporation and American Financial Realty Trust. In addition, Mr. Eggemeyer currently serves as a trustee of Northwestern University, where he serves on the Innovation and Entrepreneurship and Finance Committees.

Matthew Wagner

Mr. Matthew P. Wagner is President, Chief Executive Officer, Director of the company and Pacific Western Bank of PacWest Bancorp. Mr. Wagner served as a director of Guaranty Bancorp from 2004 to 2010. From 1996 to 1999, Mr. Wagner was President and Chief Executive Officer of Western Bancorp, when Western Bancorp was acquired by U.S. Bancorp. Prior to joining Western Bancorp, Mr. Wagner served as an Executive Vice President with U.S. Bancorp in Minneapolis, Minnesota, from 1990 to 1996, and as a Senior Vice President, from 1985 to 1990.

Patrick Rusnak

Mr. Patrick J. Rusnak is Chief Financial Officer, Executive Vice President of PacWest Bancorp. Prior to joining the Company in 2015, Mr. Rusnak served as Chief Financial Officer for Sterling Financial Corporation from January 2011 to April 2014. Mr. Rusnak previously served in several executive roles for AmericanWest Bancorporation, including as Chief Executive Officer from July 2008 to December 2010. Prior to his employment with AmericanWest Bancorporation, Mr. Rusnak was the Chief Operating Officer of Western Sierra Bancorp from May 2005 through June 2006.

Bart Olson

Mr. Bart R. Olson is Executive Vice President and Chief Accounting Officer of the Company and Pacific Western Bank. Prior to joining the Company in February 2017, Mr. Olson served as a Managing Director in the CFO division of Credit Suisse Group where he was responsible for Global Liquidity Measurement and Reporting from March 2014 to February 2017 and served as Deputy Controller Americas Region from May 2013 to March 2014. Previously, Mr. Olson spent twenty-three years in public accounting, including fifteen years with KPMG LLP from 1998 to 2013, nine of which were as an Audit Partner. Mr. Olson is a licensed certified public accountant in California.

Stanley Ivie

Mr. Stanley R. Ivie is a Executive Vice President, Chief Risk Officer of Pacwest Bancorp., and Pacific Western Bank. Prior to joining the Company in March 2016, Mr. Ivie was the Regional Director for the Federal Deposit Insurance Corporation's ("FDIC") San Francisco Region since April 2007. Prior to becoming the Regional Director for the San Francisco Region of the FDIC, Mr. Ivie was Regional Director for the FDIC's Dallas Region. Prior to becoming Regional Director for the Dallas Region, he served as the Deputy Director for the Division of Resolutions and Receiverships. Prior to his appointment as Deputy Director, Mr. Ivie served as an Assistant Director for the Division of Resolutions and Receiverships in Washington, D.C. Mr. Ivie served on the Board of Directors for the Pacific Coast Banking School until January 2016.

Kori Ogrosky

Ms. Kori L. Ogrosky is Executive Vice President, General Counsel and Secretary of Pacwest Bancorp., and Executive Vice President and Secretary of Pacific Western Bank. Prior to joining the Company in April 2014, Ms. Ogrosky was Senior Vice President and General Counsel of CapitalSource Inc. from January 2012 to April 2014. Ms. Ogrosky served in various roles in CapitalSource's legal department since 2005. Prior to joining CapitalSource, Ms. Ogrosky was an Associate at White & Case LLP from November 1999 to November 2004, where she focused on corporate and securities laws, corporate finance and governance matters.

Christopher Blake

Mr. Christopher D. Blake is Executive Vice President and Director of Human Resources of Pacwest Bancorp., and Pacific Western Bank. Mr. Blake has served on the Board of Directors for California Domestic Water Company, a wholesale water distribution company, and its wholly owned subsidiary Cadway, Inc. Mr. Blake became President of the Eastern Region of Pacific Western Bank when Pacific Western National Bank was acquired by the Company on January 31, 2002 and served in that position until April 2014 when he assumed his current position. Mr. Blake joined Pacific Western National Bank in October 1994 and served as Chief Credit Officer until being appointed Chief Operating Officer in December 1999.

James Pieczynski

Mr. James J. Pieczynski is a Executive Vice President, Director of Pacwest Bancorp., President of CapitalSource Division of Pacwest Bancorp., and Director of Pacific Western Bank. Mr. Pieczynski served as a director of CapitalSource Inc. from January 2010 to April 2014 and as Chief Executive Officer of CapitalSource Inc. from January 2012 to April 2014. Mr. Pieczynski also served as President of CapitalSource Bank from January 2012 to April 2014, and he was a member of the Board of Directors of CapitalSource Bank from January 2013 to April 2014. Mr. Pieczynski previously served as CapitalSource Inc.'s Co-Chief Executive Officer from January 2010 through December 2011, President-Healthcare Real Estate Business from November 2008 until January 2010, and Co-President-Healthcare and Specialty Finance from January 2006 until November 2008. Mr. Pieczynski also serves on the Board of Directors, chairs the Nominating and Governance Committee and is a member of the Audit Committee and Compensation Committee of LTC Properties, Inc., a self-administered real estate investment trust.

Donald Destino

Mr. Donald D. Destino has been appointed as Executive Vice President - Investor Relations and Corporate Development of the Company. Prior to joining the Company in August 2016, Mr. Destino served from 2014 to August 2016 as Portfolio Manager and from 2009 to 2014 as Co-Portfolio Manager at Harvest Capital Strategies. While at Harvest Capital Strategies, Mr. Destino managed funds focused on banks, finance companies and commercial real estate. From 2007 through 2009, Mr. Destino served as director of KKR & Co. L.P. where he managed an investment portfolio across multiple industry sectors. Previous experience also includes roles as managing director, partner and senior research analyst with JMP Securities, Vice President and Senior Research Analyst with Banc of America Securities, Vice President and Research Associate Jefferies & Company, and Executive Director of Journey House, Inc., a non-profit corporation, that focuses on the well being of high achieving, college bound Los Angeles County wards of the court.

Mark Christian

Mr. Mark Christian is Executive Vice President, Manager - Operations and Systems of PacWest Bancorp., and Pacific Western Bank. Mr. Christian joined the Company in 2000 with its acquisition of Rancho Santa Fe National Bank where he had been Senior Vice President of Operations since 1997.

Bryan Corsini

Mr. Bryan M. Corsini is Executive Vice President and Chief Credit Officer of Pacwest Bancorp., and Pacific Western Bank. Prior to joining the Company, Mr. Corsini served as the Executive Vice President and Chief Administrative Officer of CapitalSource Bank from October 2011 to April 2014. Mr. Corsini previously served as President, Credit Administration of CapitalSource Bank from July 2008 to October 2011 and as Chief Credit Officer from CapitalSource Inc.'s inception in 2000 until July 2008. Prior to joining CapitalSource, from 1986 to 2000, Mr. Corsini was an Executive Vice President with Fleet Capital Corporation, a commercial finance company.

Frank Tower

Mr. Frank Tower is a Executive Vice President of Pacwest Bancorp., and President of the Square 1 Bank Division of Pacific Western Bank. Prior to joining the Company in October 2015, Mr. Tower served as Executive Vice President at Square 1 Bank since January 2014. Previous experience also includes roles as Senior Vice President and Senior Credit Officer during his 10-year tenure at Silicon Valley Bank. Mr. Tower is a founding general partner of Gold Hill Capital Management, LLC, an independent venture debt firm, and he has over 20 years of experience financing high growth, venture-backed technology and life science companies.

Mark Yung

Tanya Acker

Ms. Tanya M. Acker is an Independent Director of the Company. She is an attorney and arbitrator who has served as one of three judges on a syndicated TV court program since 2014. Ms. Acker is also Of Counsel at Progress, LLP, where her practice focuses on business counseling and litigation. Currently, Ms. Acker serves on the board of Public Counsel, which provides free legal services, a position she has held since 2008. Beginning in 2015, Ms. Acker has served as a trustee on the Board of Trustees of Pacific Battleship Center, a nonprofit organization that operates the Battleship IOWA museum. Since 2013, Ms. Acker has served as a director and legal counsel for the Western Los Angeles County Council of the Boy Scouts of America. Since 2011, Ms. Acker has served as a director of the Western Justice Center, a nonprofit organization that promotes alternative dispute resolution. Ms. Acker is also the owner, President and Chief Executive Officer of Free Eagle Ventures, Inc., a California loan-out company. Ms. Acker operated her own private law practice from 2005 until 2013, when she joined the firm Goldberg, Lowenstein and Weatherwax. From 1997 to 2003, Ms. Acker worked at the law firms of Latham & Watkins and Gibson, Dunn & Crutcher, where her practice focused on corporate litigation involving public and private companies and constitutional matters.

Paul Burke

Mr. Paul R. Burke is an Independent Director of Pacwest Bancorp. Mr. Burke is an officer and director of Northaven Management, Inc., a privately owned investment management firm that he co-founded in 1995 that focuses exclusively on equity investments in the financial services industry. From 2010 to 2015, Mr. Burke served as director of Square 1 Financial, Inc., a publicly traded financial services company where he served as Chairman of the Compensation Committee and as a member of the Audit, Asset Liability, and various other Committees. He also served as a director of Square 1 Bank from 2012 until 2015. Since 2009, Mr. Burke has served as a director of Kinloch Holdings, Inc. a private insurance brokerage firm, and, since 2015, he served as its Chairman and President, and he previously served as acting Chief Executive Officer. From 2001 to 2014, Mr. Burke served as a director of Eastern Insurance Holdings, Inc., a publicly traded property and casualty insurer where he chaired the Audit Committee and served on various other Committees. Mr. Burke served as a director of Northaven UK Limited from 2002 until 2013 and as a director of Rockhill Holding Company from 2007 to 2009. Mr. Burke was a Vice President at Bankers Trust's Financial Services Group where he spent 10 years involved in the origination and execution of mergers and acquisitions and restructuring and principal transactions for financial services firms.

Craig Carlson

Mr. Craig A. Carlson is an Independent Director of Pacwest Bancorp. Mr. Carlson is currently a self employed, financial institution consultant and California real estate broker. He was formerly a bank regulator for 36 years and has over 26 years of experience supervising a bank examination staff of over 125 individuals. From March 2007 until his retirement in June 2010, Mr. Carlson was Senior Deputy Commissioner and Chief Examiner of the Banking Program for the California Department of Financial Institutions ("DFI"), currently known as the California Department of Business Oversight. In this position, he was responsible for the supervision and regulation of all state chartered commercial and industrial banks as well as other institutions, and he served as a key advisor to the Commissioner of the DFI. Previously, he held positions as Senior Deputy Commissioner and Deputy Commissioner for the San Diego/Orange County Region for the DFI. Mr. Carlson has been a faculty member of the California Banking School and is an active member of the Conference of State Bank Supervisors where he presently serves as a member of its Accreditation Review team.

C. William Hosler

Mr. C. William Hosler is an Independent Director of Pacwest Bancorp. Mr. Hosler is the Chief Financial Officer and member of the Board of Directors of Catellus Acquisition Company, LLC, a commercial real estate property ownership, management and development company. Mr. Hosler also serves as a director of Fantex, Inc., a Delaware brand building company, where he chairs the Audit Committee and is a member of the Conflict Committee. From November 2008 until March 2011, Mr. Hosler provided consulting services to private equity firms Rockwood Capital and TPG Capital. Mr. Hosler served as a Director of CapitalSource Inc. from 2007 until 2014. Mr. Hosler previously served on the Board of Directors, Audit Committee and Corporate Governance and Nominating Committee of Parkway Properties, Inc., a self-administered, real estate investment trust.

Susan Lester

Ms. Susan E. Lester is an Independent Director of PacWest Bancorp. Ms. Lester has served as a Public Director for The Options Clearing Corporation, an equity derivatives clearing organization where she chairs the Audit Committee. From 2004 to March 2017, Ms. Lester served as a director of Arctic Cat, Inc., a publicly traded company where she chaired the Audit Committee and was a member of the Governance Committee. Ms. Lester is also a trustee of the Francis Parker School where she serves as the chair of the Finance Committee. From December 2010 until January 2014, Ms. Lester served as a director and member of the Audit, Governance, and Risk and Compliance Committees of Lender Processing Services, Inc. Ms. Lester served as the Chief Financial Officer of HomeSide Lending, Inc. from October 2001 to May 2002. She was the Chief Financial Officer of U.S. Bancorp from February 1996 to May 2000, in which position she was responsible for financial reporting and management, asset liability management, mergers and acquisitions, and compliance. Ms. Lester is a former trustee and treasurer of Hazeltine National Golf Club and a former chair of the Board of Trustees of the College of St. Benedict.

Roger Molvar

Mr. Roger H. Molvar is an Independent Director of Pacwest Bancorp. Mr. Molvar is a private investor serving on the Board of Directors of First Financial Northwest, Inc., First Financial Northwest Bank, and First Financial Diversified Corporation where he chairs the Audit, Compliance and Risk Committees and is a member of the Compliance and Loan Committees. Mr. Molvar served as a director of CapitalSource Bank from its formation in 2008 until its merger with the Company in 2014, and he previously served as a director and a member of the Audit Committee of Farmers and Merchants Bank of Long Beach, California. From 2000 to 2004, Mr. Molvar was Chief Executive Officer of IndyMac Consumer Bank where he was responsible for the bank's consumer/branch banking business. Prior to joining IndyMac, Mr. Molvar was an Executive Officer and Management Committee member of The Times Mirror Company, and he previously served as Senior Vice President and Comptroller of First Interstate Bank of California. Mr. Molvar is the chair of the SEC and Financial Reporting Institute at the University of Southern California and is a member of the West Audit Committee Network.

Daniel Platt

Mr. Daniel B. Platt is an Independent Director of Pacwest Bancorp. Mr. Platt is a former Executive Vice President of the Company, overseeing the Special Assets Group of Pacific Western Bank, a position he held from November 2009 until his retirement in April 2014. From November 2009 until April 2014, Mr. Platt served as a director of Pacific Western Bank. Currently, Mr. Platt serves as a director for a number of charitable organizations including A Step Beyond, where he serves as Chairman and Treasurer, The Barnabus Group, where he also serves as Treasurer, and the Rancho Santa Fe Foundation, where he serves as Treasurer and Chairman of the Finance Committee. From May 2003 to November 2009, Mr. Platt was President of Del Mar Financial, a real estate consulting firm. From November 1995 to June 2002, Mr. Platt was Executive Vice President and Chief Financial Officer of Burnham Pacific Properties, a publicly-traded, real estate investment trust. From 1983 to 1994, Mr. Platt held executive positions with Union Bank, Security Pacific Bank, and Bank of America.

Robert Stine

Mr. Robert A. Stine is an Independent Director of PacWest Bancorp. Mr. Stine joined the Board of Directors of Bolthouse Properties, LLC, a Kern County, California, based privately held real estate development and land management company. Mr. Stine is also a director of Rancho Santa Fe Foundation. Mr. Stine is the former President and Chief Executive Officer of Tejon Ranch Co., a publicly-traded real estate development and agri-business company, which positions he held from May 1996 until his retirement in December 2013. Mr. Stine also served as a director of Tejon Ranch Co. from 1996 until May 2015. Previously, Mr. Stine was the President and Chief Executive Officer of Collins Development Company, a diversified, privately held real estate development and asset management company based in San Diego, California from June 1986 until March 1995. Mr. Stine was a director of the Bakersfield Californian, a privately owned newspaper, from 1999 through 2009. He was also a founding director of Valley Republic Bank, a community bank located in Kern County, California, a position he held from 2008 until May 2015.

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