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Westamerica Bancorp (WABC.OQ)

WABC.OQ on NASDAQ Stock Exchange Global Select Market

56.61USD
19 Oct 2018
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Summary

Name Age Since Current Position

David Payne

63 Chairman of the Board, President, Chief Executive Officer

John Thorson

58 2005 Chief Financial Officer, Senior Vice President

Dennis Hansen

68 2005 Senior Vice President, Manager - Operations and Systems Administration of Community Banker Services Corporation

Russell Rizzardi

63 2007 Senior Vice President and Chief Credit Administrator of Westamerica Bank

Etta Allen

88 1988 Independent Director

Louis Bartolini

85 1991 Independent Director

E. Joseph Bowler

81 2003 Independent Director

Patrick Lynch

84 1986 Independent Director

Catherine MacMillan

70 1985 Independent Director

Ronald Nelson

75 1988 Independent Director

Edward Sylvester

81 1979 Independent Director

Biographies

Name Description

David Payne

Mr. David L. Payne is Chairman of the Board, President and Chief Executive Officer of the Company. He is Chairman, President & CEO of Westamerica Bancorporation. He was appointed Chairman in 1988 and Chief Executive Officer in 1989 and is Chairman of the Executive Committee. Mr. Payne is also Chairman, President & CEO of Westamerica Bank. He brings to the Board strong leadership and a vision for the future. He has a thorough knowledge of the banking industry, manages regulatory and business development issues, and has extensive financial and accounting expertise. Mr. Payne possesses excellent management, strategic development and business skills.

John Thorson

Mr. John A. Thorson is Senior Vice President and Chief Financial Officer for the Company. He joined Westamerica Bancorporation in 1989, was Vice President and Manager of Human Resources from 1995 until 2001 and was Senior Vice President and Treasurer from 2002 until 2005.

Dennis Hansen

Mr. Dennis R. Hansen is Senior Vice President, Manager - Operations and Systems Administration of Community Banker Services Corporation of the Company. He joined Westamerica Bancorporation in 1978 and was Senior Vice President and Controller for the Company until 2005.

Russell Rizzardi

Mr. Russell W. Rizzardi is Senior Vice President and Chief Credit Administrator of Westamerica Bank, subsidiary of the Company. He has been in the banking industry since 1979 and was previously with Wells Fargo Bank and U.S. Bank.

Etta Allen

Mrs. Etta Allen is Independent Director of the Company. She is President and CEO of Sunny Slope Vineyard in Sonoma County, California. Until 2017, she was also President and CEO of Allen Heating and Sheet Metal. She is a member of the Employee Benefits and Compensation Committee and the Loan and Investment Committee. Mrs. Allen is also a Director of Westamerica Bank. In 1972, she became the second woman in the state of California to become a licensed contractor in heating, ventilation, air conditioning and sheet metal, and in 1974 she became President and CEO of Allen Heating and Sheet Metal. Under her leadership the company became recognized throughout California. She was the first woman president of Marin Builders Exchange and during her time on the executive committee she also served as a trustee and later as chairman of their successful insurance trust. She was the first woman contractor on the Executive Committee of the California Association of Builders Exchanges.

Louis Bartolini

Mr. Louis E. Bartolini is an Independent Director of the Company. He retired from Merrill Lynch, Pierce, Fenner & Smith, Inc. (now Merrill Lynch and Co.) as a financial consultant. He currently serves on the Audit Committee and is also a Director of Westamerica Bank. Mr. Bartolini has 34 years of experience in the financial industry serving as a financial consultant and branch manager for Merrill Lynch and Co. and has been active for over 36 years in the non-profit community in Marin County. He has served on the boards of many non-profit organizations, including a five-year term as president of the Marin Symphony, a Board member of the Association of California Symphony Orchestras, and a past District Governor of Rotary International.

E. Joseph Bowler

Mr. E. Joseph Bowler is an Independent Director of the Company. He retired as Senior Vice President and Treasurer of the Company in 2002. He currently serves as a member of the Audit Committee and is also a Director of Westamerica Bank. Mr. Bowler holds a Masters of Business Administration from Stanford University.

Patrick Lynch

Mr. Patrick D. Lynch is Independent Director of the Company. He retired as Vice President and General Manager of the U.S. Semiconductor Division of Motorola. He currently serves as Chairman of the Employee Benefits and Compensation Committee, is a member of the Executive Committee and the Nominating Committee, and is also a Director of Westamerica Bank. Mr. Lynch has held executive positions at Nicolet Instrument Company and several venture capital high-tech start-up companies.

Catherine MacMillan

Ms. Catherine Cope MacMillan is an Independent Director of the Company. She is a former owner of the Huntington Hotel in San Francisco and La Playa Hotel in Carmel-by-the-Sea. She is a member of the Loan and Investment Committee and the Audit Committee. She is also a Director of Westamerica Bank. Ms. MacMillan previously owned and operated a prominent restaurant for nearly 20 years. She is a graduate of the University of California at Davis and Pacific McGeorge School of Law. She has also served in numerous leadership capacities for community organizations.

Ronald Nelson

Mr. Ronald A. Nelson is Independent Director of the Company. He was Executive Vice President of Charles M. Schulz Creative Associates through 1995. He serves as the Chairman of the Audit Committee and is a member of the Employee Benefits and Compensation Committee. He is also a Director of Westamerica Bank. Mr. Nelson has a background as a Certified Public Accountant and has been designated as the Audit Committee’s “financial expert.” He has been a resident of Sonoma County since 1970, which is one of the bank’s primary markets and where he has been involved in business management, investment management, and the development of commercial real estate. He also served as a board member and chairman of Santa Rosa Memorial Hospital, which is the area’s primary acute care hospital.

Edward Sylvester

Mr. Edward B. Sylvester is Independent Director of the Company. He is a licensed civil engineer and the founder of SCO Planning and Engineering. He retired from the day-to-day engineering profession in 2007, but continues as a private consultant. Mr. Sylvester is currently a member of the Executive Committee, the Nominating Committee, Chairman of the Loan and Investment Committee, and serves as Lead Independent Director of Westamerica Bancorporation. He was a founding Director of Gold Country Bank headquartered in Grass Valley until the bank merged with Westamerica’s predecessor, Independent Bankshares, at which time he was nominated to serve on the corporate Board by his peers. Mr. Sylvester is the Chairman of the Board of Nevada County Broadcasters. He is the Chairman of the Board of Sierra Nevada Memorial Hospital where he is also a member of their Finance Committee and a member of the Strategic Planning Committee. He is the liaison from the hospital board to the Sierra Nevada Memorial Hospital Foundation and a member of the Foundation Board. Mr. Sylvester has previously served as a member and Chairman of the California Transportation Commission that prioritizes state transportation projects and allocates funding. He is a past President of the Rotary Club of Grass Valley and past Chairman of the Grass Valley Chamber of Commerce. Mr. Sylvester has run 23 marathons to date and was the 14th person in the world to complete a full marathon on all seven continents including Antarctica.

Basic Compensation

Name Fiscal Year Total

David Payne

615,031

John Thorson

671,551

Dennis Hansen

548,459

Russell Rizzardi

438,637

Etta Allen

93,616

Louis Bartolini

36,954

E. Joseph Bowler

37,000

Patrick Lynch

43,050

Catherine MacMillan

42,400

Ronald Nelson

41,250

Edward Sylvester

53,522
As Of  31 Dec 2017