PACW - PacWest Bancorp

NasdaqGS - NasdaqGS Real-time price. Currency in USD

PacWest Bancorp

9701 Wilshire Boulevard
Suite 700
Beverly Hills, CA 90212
United States
310 887 8500
https://www.pacwestbancorp.com

Sector(s)Financial Services
IndustryBanks—Regional
Full-time employees2,438

Key executives

NameTitlePayExercisedYear born
Mr. Matthew P. WagnerExec. Chairman4.27MN/A1957
Mr. Paul W. TaylorCEO, Pres & Director1.92MN/A1961
Mr. Kevin Lewis Thompson CPAExec. VP & CFO746.63kN/A1973
Mr. Mark T. YungExec. VP & COO2.27MN/A1974
Mr. William James Black Jr.Exec. VP of Strategy & Corp. Devel.2.02MN/A1976
Ms. Monica L. SparksExec. VP & Chief Accounting OfficerN/AN/A1981
Ms. Angela Wolfe-M. KelleyExec. VP, Gen. Counsel & Corp. Sec.N/AN/A1982
Ms. Rebecca H. CordesExec. VP of HRN/AN/A1956
Mr. Christopher D. BlakeExec. VP, Pres & CEO of Community Banking GroupN/AN/A1960
Mr. Bryan M. CorsiniChief Credit Officer & Exec. VPN/AN/A1962
Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

PacWest Bancorp operates as the bank holding company for Pacific Western Bank that provides various banking products and services. The company accepts demand, money market, and time deposits. It also provides real estate mortgage loans, and real estate construction and land loans to professional developers and real estate investors for the acquisition, refinancing, renovation, and construction of commercial real estate properties; lender, equipment, and premium finance; other asset-based loans; venture capital loans to support the operations of entrepreneurial and venture-backed companies; and equipment-secured loans and leases. In addition, the company offers consumer loans comprising personal loans, auto loans, home equity lines of credit, revolving lines of credit, and other loans. Further, it provides international banking and multi-state deposit services; money market sweep products; investment advisory and asset management solutions; treasury and cash management services; telephone banking, remote deposit, and online and mobile banking services; and automated teller machine services. The company offers its products and services to small, middle-market, and venture-backed businesses. The company was formerly known as First Community Bancorp and changed its name to PacWest Bancorp in April 2008. PacWest Bancorp was founded in 1999 and is headquartered in Beverly Hills, California.

Corporate governance

PacWest Bancorp’s ISS governance QualityScore as of 1 June 2023 is 2. The pillar scores are Audit: 6; Board: 4; Shareholder rights: 1; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.