Banc of California CEO Douglas Bowers' 2018 pay falls 31% to $1.5M

Banc of California reports 2018 executive compensation

By ExecPay News

Published: April 29, 2019

Banc of California reported fiscal year 2018 executive compensation information on April 29, 2019.
In 2018, six executives at Banc of California received on average a compensation package of $965K, a 32% decrease compared to previous year.
Average pay of disclosed executives at Banc of California
Douglas H. Bowers, Chief Executive Officer, received $1.5M in total, which decreased by 31% compared to 2017. 46% of Bowers' compensation, or $716K, was in salary. Bowers also received $315K in non-equity incentive plan, $508K in stock awards, as well as $7.4K in other compensation.
For fiscal year 2018, the median employee pay was $75,728 at Banc of California. Therefore, the ratio of Douglas H. Bowers' pay to the median employee pay was 20 to one.
John A. Bogler, Chief Financial Officer, received a compensation package of $1.1M, which increased by 64% compared to previous year. 42% of the compensation package, or $457K, was in salary.
Hugh F. Boyle, Chief Risk Officer, earned $919K in 2018, a 31% decrease compared to previous year.
Kris A. Gagnon, Chief Credit Officer, received $903K in 2018.
Rita H. Dailey, Head of Deposits and Treasury Management, earned $694K in 2018.
Angelee J. Harris, General Counsel, received $636K in 2018.

Related executives

Douglas Bowers

Banc of California

Chief Executive Officer

John Bogler

Banc of California

Chief Financial Officer

Hugh Boyle

Banc of California

Chief Risk Officer

Rita Dailey

Banc of California

Head of Deposits and Treasury Management

Kris Gagnon

Banc of California

Former Chief Credit Officer

Angelee Harris

Banc of California

General Counsel

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Source: SEC filing on April 29, 2019.