Edition:
United States

HomeStreet Inc (HMST.OQ)

HMST.OQ on NASDAQ Stock Exchange Global Select Market

29.50USD
17 Nov 2017
Change (% chg)

$0.80 (+2.79%)
Prev Close
$28.70
Open
$28.50
Day's High
$29.50
Day's Low
$28.50
Volume
51,248
Avg. Vol
55,567
52-wk High
$33.67
52-wk Low
$24.00

Summary

Name Age Since Current Position

Mark Mason

57 2015 Chairman of the Board, President, Chief Executive Officer

David Ederer

74 2015 Chairman of Emeritus

Mark Ruh

50 2017 Chief Financial Officer, Executive Vice President

Godfrey Evans

63 Chief Administrative Officer, Executive Vice President, General Counsel, Corporate Secretary

Darrell van Amen

51 2012 Chief Investment Officer, Executive Vice President, Treasurer

Jay Iseman

58 2016 Executive Vice President, Chief Risk Officer and Chief Credit Officer

Pamela Taylor

65 2015 Executive Vice President - Human Resources Director

Richard Bennion

67 2011 Executive Vice President

Rose David

53 2015 Senior Executive Vice President - Mortgage Lending Director

William Endresen

62 2016 Executive Vice President - Commercial Real Estate and Commercial Capital President

Paulette Lemon

61 2015 Executive Vice President - Retail Banking Director

David Straus

70 2016 Senior Executive Vice President - Commercial Banking Director

Scott Boggs

62 2016 Lead Independent Director

Timothy Chrisman

70 2014 Independent Director

Victor Indiek

79 2012 Independent Director

Thomas King

73 2012 Independent Director

George Kirk

71 2012 Independent Director

Douglas Smith

53 2012 Independent Director

Donald Voss

66 2015 Independent Director

Biographies

Name Description

Mark Mason

Mr. Mark K. Mason is Chairman of the Board, President, Chief Executive Officer of the Company. Mr. Mason has been the Company’s Chief Executive Officer and the Bank’s Chairman and Chief Executive Officer since January 20, 2010 and the Chairman of the Company since March 26, 2015. From January 20, 2010 until March 25, 2015, Mr. Mason was the Vice Chairman of the Company’s Board. 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. Mr. Mason has also 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 currently on the boards of directors of the Pacific Coast Banking School and The Washington Bankers Association, and is an advisory board member of Seattle University’s Albers School of Business and Economics. 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. Mr. Mason brings extensive business, managerial and leadership experience to our Board of Directors.

David Ederer

Mr. David A. Ederer is Chairman of Emeritus of HomeStreet Inc. Mr. Ederer joined the Bank in 2004 as a member of its board of directors and in 2005 also became a member of the Board of Directors of HomeStreet, Inc. Mr. Ederer was elected chairman of that board in 2009 and took on the title of Chairman Emeritus in March 2015 when Mr. Mason assumed the role of Chairman. 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 Ruh

Mr. Mark R. Ruh is a Chief Financial Officer, Executive Vice President of the Company. On April 24, 2017, Mr. Ruh took on the role of interim Chief Financial Officer for HomeStreet. Prior to joining HomeStreet in January 2017 as Senior Vice President, Corporate Development & Strategic Investments, Mr. Ruh was a Managing Director at Commerce Street Investment Management in Dallas, Texas. Previously, he served as the Chief Financial Officer of Mission Community Bancorp in San Luis Obispo, California, from 2011 to 2012, and was a director of Mountain Commerce Bancorp in Knoxville, Tennessee from 2016 to 2017. Earlier in his career, Mr. Ruh served as a Vice President at Castle Creek Capital LLC in Rancho Santa Fe, California, and was the President & COO of White River Capital, Inc. in Indianapolis, Indiana. He also served five years in the United States Navy as a nuclear submarine officer. Mr. Ruh holds a Bachelor of Science degree in Industrial Engineering from The Pennsylvania State University and two degrees from Northwestern University – a Master of Business Administration (Kellogg School of Management) and a Master of Engineering Management.

Godfrey Evans

Mr. Godfrey B. Evans is Chief Administrative Officer, Executive Vice President, General Counsel, Corporate Secretary of the Company. Mr. Evans joined HomeStreet in November 2009 as Executive Vice President, General Counsel, Chief Administrative Officer and Corporate Secretary. Mr. Evans is responsible for the delivery and management of all legal services to the Bank and the Company, management oversight of the Corporate and Real Estate Service Group, Compliance and Regulatory Affairs Department and the Community Relations Group. Prior to joining the executive team at HomeStreet, Mr. Evans was the managing director of the bankruptcy and restructuring practice group at Marshall & Stevens beginning in 2008. Mr. Evans served as interim general counsel and chief restructuring officer for Chapeau, Inc., a cogeneration manufacturing company, from 2008 to 2009. From 2002 to 2008, Mr. Evans served as a practicing attorney and as a project professional for Resources Global Professionals. 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 S. van Amen is Chief Investment Officer, Executive Vice President, Treasurer of the Company. Mr. van Amen joined the Bank in 2003 and currently serves as Executive Vice President and Treasurer of the Bank as well as Executive Vice President and Chief Investment Officer and Treasurer of the Company, a position he assumed in 2012. 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. Mr. van Amen is also a director of Habitat for Humanity. He holds a bachelor’s degree in Economics from Weber State University and a master’s degree in Economics from Claremont Graduate University.

Jay Iseman

Mr. Jay C. Iseman is Executive Vice President, Chief Risk Officer and Chief Credit Officer of the Company. 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 and, as of January 2016, also serves as Chief Risk 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 Strategic Solutions, Inc., a subsidiary of Bank of America between 2008 and 2009. 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 Thunderbird School of Global Management.

Pamela Taylor

Ms. Pamela J. Taylor is Executive Vice President - Human Resources Director of the Company and Bank. Ms. Taylor joined the Bank in 1998 as Senior Vice President and Human Resources Director and was promoted to Executive Vice President and Human Resources Director of both the Bank and the Company in 2015. She holds a senior professional human resource certification from the Society for Human Resource Management and a bachelor’s degree in English from California State University, Northridge. Prior to joining HomeStreet, Ms. Taylor served as Executive Vice President, Human Resource Director for MetLife Capital Corporation from 1986 to 1998. Ms. Taylor is the Board Chair for the Seattle American Cancer Society, and a past member of the following organizations: Human Resource committee of the board of the YMCA, University of Washington Extension Program Advisory Committee, Board of the University of Washington Executive Development Program and curriculum committee for Leadership Tomorrow.

Richard Bennion

Mr. Richard W.H. Bennion is Executive Vice President of the Company. 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 Tacoma 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.

Rose David

Ms. Rose Marie David is Senior Executive Vice President - Mortgage Lending Director of HomeStreet Bank, a subsidiary of the HomeStreet, Inc. Ms. David joined HomeStreet Bank in March 2012, coming from MetLife Home Loans where she was Pacific Northwest Regional Sales leader from 2011 to 2012 and Non-Producing Seattle District Manager from 2006 to 2011. She was promoted to Senior Vice President and Retail Mortgage Production Leader of HomeStreet Bank in August 2012, Executive Vice President for Single Family Lending in 2013 and Senior Executive Vice President for Single Family Lending in 2015. In that role, Ms. David is responsible for growing the residential mortgage banking franchise and oversees mortgage production, operations and servicing. Prior to working at MetLife Home Loans, she owned a mortgage brokerage for several years, moving to First Horizon with the sale of her brokerage. Ms. David holds a B.A. in finance from the University of Utah.

William Endresen

Mr. William D. Endresen is Executive Vice President - Commercial Real Estate and Commercial Capital President HomeStreet Bank, a subsidiary of the Company. Mr. Endresen is a 40-year veteran of the commercial lending industry who joined HomeStreet Bank in in March 2015 as Executive Vice President, President of the HomeStreet Commercial Capital division of HomeStreet Bank. In April 2015, Mr. Endresen was promoted to his current position to lead the combined commercial real estate lending and operation teams of the Bank. Prior to joining HomeStreet Bank, Mr. Endresen was founder and president of IMPAC Commercial Capital Corporation. Mr. Endresen was also SVP Managing Director of Fidelity Federal Bank from 1999-2002 until the sale of the bank. Mr. Endresen founded and was president of IMPAC Commercial Capital and IMPAC Commercial Holdings (publicly traded REIT) from 1996 to 1999. Mr. Endresen studied business at Fullerton College.

Paulette Lemon

Ms. Paulette Lemon is Executive Vice President - Retail Banking Director of the HomeStreet Bank, a subsidiary of the Company. Ms. Lemon joined the Bank in 1985. Prior to her promotion to Executive Vice President, Retail Banking Director of the Bank in 2015, Ms. Lemon served from 2001 as Senior Vice President, Retail Banking Director and as Vice President, Retail Bank Operations Manager prior to 2001. She holds a bachelor’s degree in Business Administration from Western Washington University and she graduated with honors from the National School of Banking through Fairfield University. She is also on the board of directors of Childhaven, a non-profit organization.

David Straus

Mr. David H. Straus is Senior Executive Vice President - Commercial Banking Director of HomeStreet Bank, a subsidiary of the HomeStreet, Inc. Mr. Straus, who has more than 40 years of banking experience, joined HomeStreet in November 2013. Before joining HomeStreet Bank, Mr. Straus founded Fortune Bank, a community bank headquartered in Seattle, in 2006. Prior to that, Mr. Straus held various executive leadership positions including President of Business Banking for Washington at Wells Fargo from 2003 to 2006 and President and Chief Operating Officer at Pacific Northwest Bank, a $3 billion commercial bank headquartered in Seattle, from 2002 to 2003. Prior to his experience at Pacific Northwest Bank and Wells Fargo, Mr. Straus also served in multiple leadership roles at First Interstate and Old National Bank/U.S. Bancorp. Mr. Straus is a past Chairman of the Washington Bankers Association and formerly served as a member of the board of United Way of King County. He is the past board chairman of Pioneer Human Services, past president of Risk Management Associates and past board member of the Boys and Girls Club of King County. Mr. Straus is a graduate of University of Denver and received a Master of Business Administration from the University of Arizona. In addition, he is a graduate of Pacific Coast Banking School and Leadership Tomorrow of King County.

Scott Boggs

Mr. Scott M. Boggs is Lead Independent Director of the Company. Mr. Boggs joined the Bank in 2006 as a member of the board of directors and became a director of HomeStreet, Inc. following the closing of our initial public offering in February 2012. Mr. Boggs was elected as the lead independent director of the Board in March 2015. Prior to joining the Bank, Mr. Boggs was employed by Microsoft Corporation from 1993 to 2003 where he served in a variety 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 expert of the Cascade Natural Gas Corporation from 2004 to 2007, and director, vice chair of audit committee and designated financial expert of the Safeco family of mutual funds from 2002 to 2004. He is a current member of the Seattle University Internal Audit Advisory Board, and 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 (currently inactive) with Deloitte, Haskins & Sells from 1977 to 1985, and he received his bachelor’s degree in Accounting from the University of Washington.

Timothy Chrisman

Mr. Timothy R. Chrisman is Independent Director of the Company. Mr. Chrisman joined HomeStreet as a director in July 2014. Mr. Chrisman is the founding partner of Chrisman & Company, a Los Angeles-based retained executive search firm focusing on financial and related industries. Prior to forming his own company, Mr. Chrisman was a senior executive with a $2 billion financial institution for 10 years, where he focused on retail delivery, marketing, human resources and general management. Mr. Chrisman was the Chairman of BANC of California, Inc., the holding company for Banc of California from May 2011 through 2014 and a director of Waterfield Bank from 2006 through 2010. He previously served as Director of Commercial Capital Bank and Commercial Capital Bancorp, and was Chairman of the Board from 2004 to 2005. He also was the former Chairman of the Federal Home Loan Bank of San Francisco for 10 years and the former Chairman of the Council of Federal Home Loan Banks. He currently serves as chairman of the investment banking firm FIG Partners LLC. Mr. Chrisman received both a bachelor’s of science in marketing and a masters in business administration from California State University Fresno.

Victor Indiek

Mr. Victor H. Indiek is Independent Director of HomeStreet Inc. Mr. Indiek joined the Board of Directors of HomeStreet, Inc. and the Bank upon the closing of our initial public offering in February 2012. 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 (inactive) and a California real estate broker.

Thomas King

Mr. Thomas E. King is Independent Director of HomeStreet Inc. r. King joined the board of directors of the Bank in 2010 and became a director of HomeStreet, Inc. following the closing of our initial public offering in February 2012. 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 Capitol Bank Sacramento from 1992 to 1994. From 1969 to 1992, Mr. King held various 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 has served as a member of the board of directors of the Bank since 2008 and became a director of HomeStreet, Inc. following the closing of our initial public offering in February 2012. From February 2012 until March 2015, Mr. Kirk served as Lead Independent Director of the Bank’s board of directors. 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 past 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 has also been a member of the boards of directors of several community organizations, including University of Washington Physicians and the Cascade Land Conservancy. Mr. Kirk has previously served as the chairman of the WSBA Real Property, Probate and Trust Section, President of the Issaquah Chamber of Commerce and President of the University of Washington Alumni Association. 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.

Douglas Smith

Mr. Douglas I. Smith is Independent Director of HomeStreet Inc. Mr. Smith joined our Board of Directors upon the closing of our initial public offering in February 2012. Mr. Smith is a director of and 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 and he is the managing member of Miller and Smith LLC and Silent Tree LLC. He has also been a board member of Home Aid Northern Virginia since 2001. Mr. Smith holds an MBA from Harvard Business School and a bachelor’s degree in economics from DePauw University.

Donald Voss

Mr. Donald R. Voss is Independent Director of HomeStreet, Inc. He previously served as a director of Simplicity Bancorp beginning in 2011 and the chairman of the board and member of the audit committee of Simplicity Bancorp from October 2013 until the acquisition of that company by HomeStreet in March 2015. Prior to joining Simplicity’s board, Mr. Voss held a variety of positions in a 25 year career with First Interstate Bank, culminating as an Executive Vice President and Manager of the U.S. Banking Division in 1991. Much of his banking experience was with domestic and international financial institutions. He was an elected Councilmember of the City of La Cañada Flintridge, California from 2006 until March 2015 and served as Mayor of that city from 2010 to 2011. In 2015, Mr. Voss received the 2015 El Gran Matador Award from California Contract Cities Association and the Reynolds Memorial Award from that organization in 2012. He also received the Les Tupper Service Award from the La Cañada Flintridge Coordinating Council in April 2016 for outstanding service to his community and was named 2015 La Cañadan of the Year by the Kiwanis Club of La Cañada. Prior to his election to the City Council in 2006, Mr. Voss served for five years as City Treasurer of La Cañada Flintridge. Mr. Voss served as a board member of the San Gabriel Valley Chapter of the American Red Cross, including three years as chairman of that board, and also served on the audit committee of that organization. He has also served on the boards of the Los Angeles Division of the League of California Cities, the Sanitation Districts of Los Angeles County, the Southern California Association of Governments, the California Contract Cities Association and the San Gabriel Valley Council of Governments, as well as the advisory board of the Santa Monica Mountains Conservancy, an agency of the state of California.

Basic Compensation