leadership
confidence high
sentiment neutral
materiality 0.55
Western Alliance names Vishal Idnani as CFO; Gibbons transitions to deposit role
WESTERN ALLIANCE BANCORPORATION
- Vishal Idnani appointed CFO effective Jan 2, 2026; Dale Gibbons transitions to Vice Chairman and Chief Banking Officer, Deposit Initiatives.
- Idnani joins from J.P. Morgan as Managing Director; base salary $670K, target bonus 150% of salary (2025 guaranteed at target).
- Idnani receives one-time RSU of $700K (3-year vest) and cash relocation award of $250K (prorated clawback over 2 years).
- Gibbons, CFO since 2003, led TBVPS growth >7.5x peers since end-2014; will oversee organic deposit business lines.
- Idnani eligible for annual LTI at 200% of base salary starting 2026, split among PSUs, cash-settled RSUs, and RSAs.