leadership
confidence high
sentiment positive
materiality 0.60
Western Alliance appoints two new directors with risk and cybersecurity expertise
WESTERN ALLIANCE BANCORPORATION
- Dr. Michael Papay (former Amex tech risk head) and Clarke Starnes III (ex-Truist CRO) join board effective Dec 10, 2025.
- Board expanded to 15; Papay appointed to Audit and Risk Committees, Starnes to Finance/Investment and Risk Committees.
- Appointments come as WAL nears $100B asset threshold, preparing to become a Large Financial Institution.
- Both will serve until the 2026 annual meeting and receive standard non-employee director compensation.