Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Western Alliance COO Resigns

Don't let it get away!

Keep track of the stocks that matter to you.

Help yourself with the Fool's FREE and easy new watchlist service today.

Phoenix-based Western Alliance Bancorporation (NYSE: WAL  ) lost a key executive Wednesday, when President and Chief Operating Officer Kenneth Vecchione announced that he will resign from the company effective April 5, to take a chief executive officer job at another company -- a company said to not be in the banking sector at all.

Curiously, even as he ceases work for the company, Vecchione says he will stay on as chairman of the Finance and Investment Committee on Western Alliance's Board of Directors. He will also retain his post as vice-chairman of Bank of Nevada.

It's not known at this time to which company Vecchione will be moving, and the company didn't disclose this information. We should know soon enough, however -- the company in question is said to be "publicly traded" and will have to make an announcement sooner or later. Stay tuned.

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2323841, ~/Articles/ArticleHandler.aspx, 10/1/2016 4:45:46 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 19 hours ago Sponsored by:
DOW 18,308.15 164.70 0.91%
S&P 500 2,168.27 17.14 0.80%
NASD 5,312.00 42.85 0.81%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/30/2016 4:02 PM
WAL $37.54 Up +0.59 +1.60%
Western Alliance B… CAPS Rating: ****