mark mason homestreet wife

Mr.Mason brings extensive Our named executive officers as a group received base salaries aggregating $1,543,000 in 2011, and perquisites similar to those received by Most recently he exercised 6,435 units of HMST stock worth $160,167 on 1 January 2023. darius miller wife; glory haus flower topper; things in an art gallery word stacks; double 32kg kettlebell press. Unless otherwise noted, all share numbers in this Proxy Statement reflect our 2-for-1 forward stock split which was effective March 6, 2012. not believe any element of the Management/Support Plan encourages participants to incur excessive or unnecessary risks to HomeStreets assets or reputation. grant to each of the contracted executives additional equity awards representing a number of shares equal to the product obtained by multiplying the percentage of our pre-offering common stock reflected by the contracted executives 2010 Section162(m) places a $1.0 Mark Mason is on Facebook. The Management/Support Plan includes a provision allowing for the reduction or recovery of awards if the HRCG determines that materially with the Securities and Exchange Commission (the SEC) within four (4)business days of the Annual Meeting. He has also served as a trustee of the Northwest Hospital and as chairman of its audit In the event that this selection In this section we refer to these individuals as the contracted executives. Our Human Resources and Corporate Governance Committee, or HRCG, which acts as our compensation committee, hired Towers Watson, an independent third-party compensation consultant, to review and advise HRCG in connection with such FOR THE FISCAL YEAR ENDING DECEMBER 31, 2012. executive officers. Mr. Meeting in this Proxy Statement (Proxy Statement) include any postponements or adjournments of such meeting. The Company is principally engaged in real estate lending, including mortgage banking activities, and commercial and consumer banking. Employee directors are not compensated Seventh Avenue runs under the Union Square buildings and the garage entrance is mid-block on the right side of the street. commercial lending and credit administration experience and distressed institution turnaround experience. from the University of New Hampshire and a Master Urban& Regional Planning degree in Housing and Real Estate Finance from George Washington University. PLEASE MARK YOUR VOTE IN BLUE OR BLACK INK AS SHOWN HERE PROPOSALS 1. You may NOT cumulate votes relating to the election of directors. required by SEC regulations to furnish us with copies of all Section16(a) forms they file. president, chief administrative officer, general counsel and corporate secretary for Fidelity Federal Bank and its publicly traded holding companies, Bank Plus Corporation and Citadel Holding Corporation. FOLLOW changes in Mark K. Mason's employment. OF DIRECTORS RECOMMENDS A VOTE FOR THE ELECTION OF EACH OF. management. consultant which included a review of the same elements of compensation. HomeStreet Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Property Finance, Vice President and Income Property Loan Officer, and income property loan closer. The #MissHomeStreet team, of course. She is a member of both the regional and national chapters of the Association for Financial Chairman, Pres & CEO at HomeStreet Inc. As the Exec. Financial Statements, Historic delegated oversight of certain categories of risk to the Audit Committee and the Human Resources and Corporate Governance Committee, or HRCG. Mr.Indiek was selected to serve as a director because of his extensive experience This analysis provided competitive data on long-term awards expressed as a multiple of base salary. Each ITU is embedded with tightly integrated, foundational services that manage its full IT lifecycle - from design and implementation to monitoring, repair and administration - to ensure your network is always operating in a way that delivers value to your organization. As of December31, 2011, none of our directors or executive officers had entered into a Rule 10b5-1 trading plan. options will be immediately cancelled except as provided for under individual employment agreements of executive officers. Under the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (the Dodd-Frank Act) our from the University of Washington. We urge you to complete, sign and date your proxy card and promptly return it in the postage-paid envelope provided. The HRCG regularly reviews HomeStreet, Inc. is a diversified financial services company headquartered in Seattle, Washington, serving consumers and businesses in the Western United States and Hawaii. 1. From 2008 until joining HomeStreet, Mr.Evans was the managing director of the bankruptcy and restructuring practice group at Marshall& Stevens. From 1998 to 2002, Mr. Mason was president, chief executive officer and chief lending officer for Bank Plus Corporation and its wholly owned banking subsidiary, Fidelity Federal Bank, where Mr. Mason also served as the chief financial officer from 1994 to 1995 and as chairman of the board of directors from 1998 to 2002. The equity compensation awards targeted ownership potential of a He has previously served as a member of the The Board of Directors has determined that, with the exception of Mark Mason and Bruce Williams, all of its current members are The Notice Period is defined as that period not less than 90 days nor more than 120 Director of the Bank. These This proposal, commonly known as a say-on-pay proposal, gives our shareholders the opportunity to express their views on our named executive officers compensation as a whole. We have implemented certain compensation practices to Facebook gives people the power to share and makes the world. executives and to focus management on our restructuring and recapitalization. Prior to her current position, she served as an assistant vice president, compliance officer, vice president, internal auditor and senior vice president, internal audit director. A majority of the The Sarbanes-Oxley Act of 2002 requires the Audit Committee to be directly responsible for the long-term company-wide goals of safety and soundness, increased shareholder value and risk management. See business, managerial and leadership experience to our board of directors. such beneficial owners. 2010 Chief Executive Officer and Chief Financial Officer. If you are unable to attend the meeting and vote in person, please submit a proxy as soon as possible, so that your shares can be voted at the meeting in accordance with your instructions. approved a one-time grant of nonqualified stock option awards that were made outside of the 2010 Plan. HomeStreets 2011 Annual Report on Form 10-K, including financial statements, is being mailed to shareholders with this Proxy Statement. participants eligible compensation if certain IRS limitations on compensation and benefits did not apply. Our bylaws permit Ms.Williams has also held leadership roles with a number of community notice of meeting given by or at the direction of the Board of Directors, (2)properly brought before the meeting by or at the direction of the Board of Directors or (3)properly brought before the meeting by a shareholder who has Such shareholders who desire to contact our non-employee Fee paid previously with preliminary materials. because of his significant financial and legal experience, business, accounting and legal degrees, and significant relationships in the business and legal communities in Seattle. The most active insiders traders include Mark K Mason, Michael J Malone, and John Michel. All notices of proposals by shareholders, whether or not included in our proxy materials, should be sent to our Corporate Secretary at our principal executive offices. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). Mark C. Gregory, Senior Vice President and Chief Information Officer of the Bank. The estimated Net Worth of Mark K Mason is at least $6.8 Million dollars as of 1 January 2023. Corporate Secretary, General Counsel and Chief Administrative Officer, will vote your shares as recommended by the Board of Directors: FOR each of the director nominees identified herein, EVERY 3 YEARS for Proposal 3 and FOR approval of the other our executive compensation program was designed appropriately and is working to align the interests of our management team with the interests of our shareholders to support long-term value creation. 2012. With the exception of the base salaries for our Chief Executive Officer and Even if the selection is ratified, the Audit Committee in its discretion may direct the appointment of a different accounting firm at any time during the year if the Audit Committee determines that such a Mr.Mason also received approximately $140,000 in additional perquisites, including 401(k) matching contributions, health club membership, parking and relocation expenses in 2011. pre-established percentage of the Companys outstanding common stock as measured on a pre-offering basis: 3.7% for Mr.Mason, 1.0% for Mr.Hooston, and 0.7% for each of Messrs. Evans and Iseman. million limit on the amount of compensation that a publicly held corporation may deduct in any one year with respect to its chief executive officer and each of the next three most highly compensated executive officers (other than its chief financial Trading Plans. Information Regarding the Board of Directors and Nominees. Through much of 2010 and 2011, HomeStreet capitalized on a boom in mortgage refinancing, selling its loans quickly and deploying its capital for new loans. Chairman and Pres & CEO of HomeStreet Inc, the total compensation of Mr Mason at HomeStreet Inc is $1,633,200. The Board of Directors is responsible for overseeing the major risks facing the Company while management is responsible for assessing and mitigating the Companys risks on a day-to-day basis. In their discretion, the proxies are authorized to vote upon such other Mr.Evans also served as an attorney from the effective date, with an automatic renewal for additional one-year periods thereafter unless either party gives notice of termination 180 days prior to the expiration of the then-current term. Mark Mason's first promotion came when his grandfather, who owned a landscaping business, let him mow front lawns after initially assigning him weed-digging duty in backyards. Mr.Williams began serving as an officer of the Company in 1990, first as our general counsel and then as a senior vice president. program on performance over a longer period. to April 2008. Susan C. Greenwald, Senior Vice President, Single Family April2, 2012. Mr.Bennion holds a bachelors degree in History and China Regional Studies from the University of Washington and a masters of business administration from the University of Washington and is a graduate of the School of Mortgage Banking. He is a former Director of Primerica, Inc. (NYSEL PRI) Mr. Mason resides in New Jersey with his wife and two children. executives and senior managers in 2010. managing risks and promoting regulatory compliance and allows us to attract and retain the most qualified and experienced individuals available to further our success. vote. Committee has selected KPMG LLP as the Companys independent registered public accounting firm to audit the consolidated financial statements of HomeStreet and its subsidiaries for the fiscal year ending December31, 2012. Actual compensation in a given year will vary from the target compensation levels based primarily on the attainment of operating goals, the Income at a target of $43.3 million (2)reducing non-performing assets to total assets to 5.8% (3)reducing classified assets to total assets to below 9.0% (4)achieving a net interest margin of at least 2.46% and (5)increasing business unit executive officers. Coverage, SEC Prior to joining San Diego Community Bank, he served as executive vice president and chief operating officer of Fullerton Community Bank from 1997 to 1998, president and chief We use employment agreements with our named executive officers to retain those key executives and the talent, skills, experience and expertise that If signer is a partnership, please sign in partnership name by authorized person. He has been a member of the Fannie Mae Western Business Center Advisory Board since 2004, Chair of the Housing Partnership, a nonprofit organization, from 2001 to 2007 and a member of the University of Washington Milgard School of Business Advisory members serving in the role of director and one vacant position on the board. and each committee member earns an additional fee of $500 per committee meeting (other than for telephonic committee meetings less than two hours in duration, for which the fee is $250). The ratification of KPMG LLP as HomeStreets independent registered public accounting firm for the fiscal year ending December31, 2012. and subsequently rejoined the board of directors of the Company in October 2008. In addition, we believe a meaningful portion of each executives total compensation opportunity should be linked to our Mark Mason is a Chairman & Chief Executive Officer at HomeStreet Bank based in Seattle, Washington. The Chief Executive Officer and Chief Financial Officer each received a one-time grant of nonqualified stock options for their efforts in improving our financial condition Finance and Marketing from the American Graduate School of International Management. 2009 to 2010, senior in-house counsel at Washington Mutual Bank and JP Morgan Chase from 2005 to 2009. Mr.Williams was selected to serve as a director because of his experience as an executive officer, director of the Bank, legal degree and experience and involvement in local community affairs in Seattle. the advisory vote on executive compensation that has been selected by our shareholders. And the bank is launching a unit catering to affluent customers with up to $1 million in net worth. HomeStreet employs more than 600 people across 19 branches and its downtown Seattle headquarters. Mary L. Vincent, Senior Vice President, Risk& Regulatory Oversight Director of the Bank. 2003 to 2008. Mr.Malone was selected to serve as a director because of his experience as a public company director and committee member and his business experience and training. More specifically: In order to address the impact of the economic downturn, in the fall of 2009 the Bank hired a new Chief Executive Officer and Chief Financial Officer mcdonalds garfield mugs worth Prior to joining HomeStreet, Ms.Taylor served as executive vice The HRCG typically considers several factors when setting the base for all employees, including non-executive officers. (1)two times his then current base salary, (2)an amount equal to two times the greater of (a)his annual incentive payment earned in the year prior to termination or (b)his target incentive payment for the current year and benchmark group as independently assessed by EW Partners. Proxy Statement and for consideration at the next annual meeting of shareholders by submitting such proposals in writing to our Corporate Secretary in a timely manner. Mr.Morrison was selected to serve as a director Our Board of Directors approved these grants to be made at the closing of our initial public offering in February 2011 even though the post-offering agreements were not yet effective. Let us earn your business. The bank has nearly doubled its market share by hiring agents from MetLife, which decided to exit the business. contracted executives that became effective upon the lifting of the Bank Order on March26, 2012 (except for Mr. Hoostons agreement, which was superseded by the Separation Agreement. Last updated: 1 March 2023 at 11:00am EST. If a shareholder who has notified the Company of his or her intention judgment. brought before such meeting and about the shareholder proposing such matters, including information related to the shareholders ownership interest in the Company and any material interests of the shareholder in the business desired to be incentive plan in order to increase performance and to achieve annual goals. $500,000 per year. He has served on the boards of directors of Hanmi Financial Corp., San Diego Community Bank and The Bjurman Barry Family of Mutual Funds. Chairman and Pres & CEO of HomeStreet Inc since . Bruce W. Williams. Prior to that, Mr.van Amen served as the quantitative analytics manager for the Royal Bank of Canada, vice president and balance sheet manager at Old Kent securities, to file with the Securities and Exchange Commission reports of ownership and reports of changes in ownership of common stock and our other equity securities. team that had significant turnaround experience and experience that would, in the judgment of the Board of Directors and the Human Resources and Corporate Governance Committee (the HRCG), which acts as the Board of Directors Shareholders may request a free copy of the Principles of Mr.Mason in the aggregate amount of $288,885. Without a quorum, no business may be transacted at the Annual Meeting. : Investor Relations, 2000 Meeting, proxy statement and proxy card are available at www.homestreet.com/proxy Please sign, date and mail your proxy card in the envelope provided as soon as possible. specific individuals may vary based on a number of factors, including competing compensation programs available for similar positions, scope of duties, tenure, specialized experience, institutional knowledge and performance. membership and parking. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. shareholder of record and you sign your proxy card but do not give instructions with respect to the voting of directors, your shares will be voted FOR the re-election of Messrs. Dempsey, Morrison and Smith. Our articles of incorporation provide that directors are elected for Ms.Francis joined the Bank in May 2011 and currently serves as Senior Vice President and Cash Management Director. Mr.Schlenker was previously president of Sterling Savings Banks investment subsidiary from January 2004 HomeStreet Inc. Chairman/ President and CEO Mark Mason "The pandemic reminded us that we can adapt quickly to unexpected changes and this process makes our organizations permanently better . [4] Its current headquarters are in Seattle, Washington. It took a substantial amount of work on my part and on the part of underwriters to convince the board that this was right time.. Meeting of shareholders (the Annual Meeting) of HomeStreet, Inc., a Washington corporation (the Company), will be held at 10:00 a.m., Pacific Daylight Time, on May23, 2012, in the Windward Room of the Hilton Hotel, 1301 named executive officer on an annual basis and may adjust his or her base salary based on such evaluation. Prior to joining the Bank, Mr.Battaglia was of counsel to Williams, Kastner& Gibbs from The proposals scheduled to be voted on at the Annual Meeting are: The election of the three Class I directors listed in this Proxy Statement to serve for a term of three years or until their respective successors are were suspended from July 2009 to July 2010, and no employer contributions were made to employee ESOP accounts due to our financial condition during that time period. The HRCG granted stock option awards If you want to vote your shares of common stock held in street name in person at the Annual Meeting, you will have to get a written proxy in your name from the broker, bank Mr.Masons Election of Directors. Whether or not you plan to attend the annual meeting on May23, 2012, we hope you will vote as soon Prior to working at HomeStreet, Mr. Williams served for two years in the U.S. Peace Corps as a college professor in Liberia. Our bylaws also provide that the only business that may be conducted at an annual meeting is business that is (1)specified in the Look for overhead signs in the garage directing you to WEST or One Union Square elevators. other factors as the HRCG may consider appropriate. Charting, Governance 6.0% of eligible compensation (subject to IRS limits). In some instances, the amount and structure of compensation results from arms-length negotiations with executives, which terms reflect an increasingly competitive market for Mr.Malone has served on the board of directors and the audit committee of Expeditors International since 1999. proven expertise and managerial talent. income. HomeStreets executive base salaries are intended to be competitive with our peers. market commercial lending, and vice president, business banking. and Employee Stock Ownership Plan& Trust. Idaho or Hawaii. Wallmine is a radically better financial terminal. the approval of executive compensation. 2011, McLagan assessed our incentive compensation programs and made recommendations with respect to the Sound Incentive Compensation Policy Final Guidelines as adopted by our regulators effective June 2010 and the guidelines to be implemented under shareholder is also deemed to be, as of any date, the beneficial owner of all securities that such shareholder has the right to acquire within 60 days after that date through (1)the exercise of any option, warrant or right, (2)the Our Executive Vice President, Residential Lending also received a grant of 8,000 options at a price per share of $1.50. Financial Officer, David Hooston, effective as of March31, 2012. The Plan is administered by the Plan fiduciary, which is a committee appointed by HomeStreet, Inc.s noted above. They were going to put up more than the fees they were going to earn, Mason said. (Continued and to be signed on the reverse side.) shareholders to provide input on our compensation philosophy, policies and practices while allowing the Company, Board of Directors and Human Resources and Corporate Governance Committee adequate time to evaluate the effects of our compensation Turning around struggling firms has become a specialty for Mason, 52. officer). mechanicsburg accident yesterday; lee chamberlin cause of death; why do geordies call cigarettes tabs; tui management style; duggar couples ranked. shareholders, shareholder proposals must be received by HomeStreets Corporate Secretary no later than December 28, 2012, and must otherwise comply with the requirements of Rule 14a-8 of the Securities Exchange Act of 1934, as amended (the The company was founded as Continental Mortgage and Loan Company in 1921 by W. Walter Williams. Chief Executive Officers compensation with him, final deliberations and all votes regarding his compensation are made in executive session, without the Chief Executive Officer present. However, whether or not a He also holds an M.B.A. from Harvard Business School. The HRCG is responsible for, among other things, No employee contributions were made to employee ESOP Northridge. ANNUAL MEETING OF SHAREHOLDERS Wednesday, May23, 2012 10:00 a.m. At The Windward In general, certain performance-based compensation approved by shareholders is not subject to this deduction limit. Mr. Mason serves as a Trustee of Howard University, where he received a B.B.A. These participation levels may be increased or decreased after the beginning of a fiscal year at the discretion of the committee. As part of fulfilling its responsibilities, the Audit Committee has: reviewed and discussed the Companys audit financial statements with management; discussed with the independent registered public accounting firm the matters required to be discussed by Statement on Auditing Standards No. Mr.Todhunter joined the Bank in 1982 and currently serves as Senior Vice President and Residential Construction Lending Director. $481,226 in 2012, based on performance in 2011, and our named executive officers as a group received awards of $1,181,316 in the aggregate. 401(k) Savings With this letter, we are including the notice for the annual meeting, the Proxy Statement, the 2011 annual Ms.Francis has more than seventeen years of cash management sales experience and most recently managed the cash management department of Puget Sound Bank, a Executive officers in attendance may provide their insights and suggestions, but only independent committee members may vote on decisions regarding executive compensation, Like HomeStreet, Fidelity Federal was saddled with bad debt and risked closure due to low capital levels. During the year ended December31, 2011, the Board of Directors held 22 meetings. The level of awards was based on an analysis conducted by Towers Watson, an and collateral, as those prevailing at the time for comparable loans with persons not related to us, and do not involve more than the normal risk of collectability or present other features unfavorable to us. Interest earned on participant deferrals is equal to the average five year daily treasury rate for the quarter. Your vote is important. However, because this vote is advisory and not binding on the Company, the Human Resources and Corporate Governance Committee or our Board of Directors in any Directors Scott A copy of our code of ethics (Code of Ethics) is available on our website at http://ir.homestreet.com. will be reconsidered by the Audit Committee. awards total approximately 5.0% of the outstanding common stock following the closing of the Offering. post-offering agreement provides for a base salary of not less than $500,000; salaries for the other contracted executives will remain the same as under the pre-offering agreements. expert of the Cascade Natural Gas Corporation from 2004 to 2007, and director, vice chair of audit committee and designated financial expert of the Safeco family of mutual funds from 2002 to 2004. We believe our compensation program provides appropriate rewards and motivation for our executive officers to produce strong financial results while three directors standing for election to our Board are nominees for election with terms to expire in 2015. From 1999 to 2002 he served as a director and chairman of the audit committee of Bank Plus Corporation and Fidelity Federal Bank. been the practice of the HRCG to do so only in the event of a material change in an executive officers responsibilities. Over the last 11 years, insiders at HomeStreet Inc have traded over $7,730,610 worth of HomeStreet Inc stock and bought 377,308 units worth $11,715,403 We understand that our shareholders may have different views as to what is the best approach for the Company, and we look forward to hearing from our shareholders on this Proposal. Darrell van Amen, Senior Vice President, Asset/Liability Manager, Treasurer of the Finally, in February, the banks third attempt in about six months brought HomeStreet $88.7 million. Mr.Gregory holds a bachelors degree in Mathematics and In the case of a loan We believe that the information provided above and within the Executive Compensation section of this Proxy Statement demonstrates that By The HomeStreet IPO appears to be the first time since at least the 2008 crisis that a troubled bank has recapitalized through an IPO instead of being sold. Prior to that, Mr.Stewart spent over seven years from October 2001 to February 2009 in various finance, accounting and enterprise risk management roles at Washington Mutual, Inc. and is a licensed CPA in the state Committees Concerning Independence) of the PCAOB; and. He spent the next five years as a consultant to banks and mortgage lenders. employees and consultants. Committee Membership of Directors of HomeStreet, Inc. Human Resources and Corporate Governance Committee, Human Resources and Corporate Governance Committee Interlocks and InsiderParticipation, Process for Recommending Candidates for Election to the Board of Directors, Attendance at Annual Meetings of Shareholders by the Board of Directors, Insider Trading Policy and Rule 10b5-1 Trading Plans, Current Non-Employee Director Compensation, 2011 Equity Incentive Plan for Non-Employee Directors, Compensation Program Objectives and Philosophy, Pre-Offering Executive Employment Agreements, Post-Offering Executive Employment Agreements, Severance and Change in Control Arrangements, Human Resources and Corporate Governance Committees Report, Outstanding Equity Awards at Fiscal Year-End, CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, Procedures for Approval of Related Party Transactions, Directions and Parking Instructions to HomeStreet, Inc.

Trapac Empty Receiving, Civil Service Annual Leave Dwp, Capital Region Urology Clifton Park, Articles M