leadership
confidence high
sentiment neutral
materiality 0.50
CEO Kenneth Vecchione to take medical leave; CFO Dale Gibbons named interim CEO effective Dec 16
WESTERN ALLIANCE BANCORPORATION
- CEO Vecchione will undergo bypass surgery; leave begins Dec 16, expected return late Q1 2025.
- Dale Gibbons, Vice Chair and CFO, appointed interim CEO in addition to his existing CFO duties.
- Executive Committee includes Gibbons, Chief Banking Officers Tim Bruckner and Steve Curley.
- Chairman Bruce Beach says emergency succession plan has prepared the company for this situation.