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Western Alliance Bancorporation Announces Resignation of Kenneth Vecchione as Chief Operating Officer

  Western Alliance Bancorporation Announces Resignation of Kenneth Vecchione
  as Chief Operating Officer

Business Wire

PHOENIX -- March 20, 2013

Western Alliance Bancorporation (NYSE: WAL) announced today that President and
Chief Operating Officer Kenneth Vecchione has resigned from the Company,
effective April 5, 2013, to accept a position as CEO of another publicly
traded, non-banking company. Mr. Vecchione will remain as a director of
Western Alliance and will continue to serve as Chairman of its Finance and
Investment Committee and as Vice-Chairman of Bank of Nevada.

Robert Sarver, Chairman and Chief Executive Officer of Western Alliance
Bancorporation, commented, “On behalf of Western Alliance, I would like to
congratulate Ken on this opportunity. We wish him nothing but the best in his
new position, which will be announced officially by his new company in the
coming weeks.”

“I appreciate the value Ken has contributed to the Company over the past three
years, and look forward to the benefit of his continuing advice and counsel in
his capacity as a director of the Company and Chairman of our Finance and
Investment Committee,” added Mr. Sarver.

“I am excited for the opportunity to fulfill my longtime aspiration of being
the CEO of a public financial services company and look forward to this new
challenge. I have genuinely enjoyed partnering with Robert and the management
team at WAL these past three years,” said Mr. Vecchione.

Mr. Vecchione continued, “I am very proud of the many accomplishments we’ve
achieved together during my tenure here as COO, and greatly appreciate all of
the contributions and support I’ve received from the entire WAL team. I’m
delighted that I will have the chance to remain connected to the Company and
be an active participant in its future.”

About Western Alliance Bancorporation

Western Alliance Bancorporation is a leading bank holding company in the
Southwest with banking subsidiaries in Arizona, California and Nevada. The
company provides services to businesses, entrepreneurs, professionals,
nonprofit organizations, high net worth individuals and other consumers
seeking the robust product array of a national bank with the individual,
personal attention of a community bank, delivered through a dedicated, local
Relationship Manager.

Contact:

Western Alliance Bancorporation
Robert Sarver, 602-952-5460
 
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