Don Garner Named to Succeed Lundy as New CEO
PHOENIX--(BUSINESS WIRE)--
Western Alliance Bank announced today that the founding CEO of Alliance
Bank of Arizona, James H. Lundy (Jim), will retire on March 31, 2017.
Don H. Garner, also a member of the organization’s original management
team, becomes the new CEO of Alliance Bank of Arizona, effective Jan. 1,
2017.
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James H. Lundy
CEO, Alliance Bank of Arizona (Photo: Business Wire)
A force in the Arizona business community and an accomplished banker,
Lundy helped build a start-up bank in 2003 into the fourth largest
banking organization in Arizona. Alliance Bank of Arizona is a dynamic
part of $17 billionWestern Alliance Bancorporation, the Phoenix-based
financial services company with five geographically managed banking
divisions and 10 national business lines across the country.
“I’m proud of the team we’ve built, the ability we showed in navigating
the financial crisis and the success we have helped fuel for so many
business clients across Arizona,” said Lundy. “Our customers will always
be at the core of Alliance Bank of Arizona, and Don Garner brings
tremendous credentials and great experience to the task of leading this
client-focused organization.”
Lundy has made significant contributions to the broader business
community in Arizona. He is past chair and current board member of the
Greater Phoenix Economic Council (GPEC), immediate past Chair of the
Catholic Community Foundation, Secretary of the Phoenix Civic
Improvement Corporation and recently completed a three year term on the
FDIC Community Banking Advisory Council. He was also past Chair of the
Arizona Bankers Association. Lundy also has helped spearhead the issue
of high-quality, accessible education across the state.
“I have had the personal privilege to have worked with Jim since 1991;
he has been a great mentor and partner to me and for many others at
Western Alliance,” said Robert Sarver, Chairman and CEO of Western
Alliance Bancorporation. “Jim led the formation of Alliance Bank and its
growth for the last 13 years. His myriad talents and true commitment
have helped us to build an exceptional banking enterprise, and Jim’s
strong leadership and integrity also have shaped his active involvement
in the civic and business life of our community. We would not be where
we are today without Jim and I am very grateful for his service.”
Don Garner has been a commercial and real estate banker in Arizona for
26 years and previously served as Executive Vice President and statewide
Real Estate Manager for Alliance Bank of Arizona’s commercial and
residential lending group. Garner started his career at Valley National
Bank in 1990 and has been with Alliance Bank since its inception in 2003.
“As the new CEO of Alliance Bank of Arizona, Don is an outstanding
banker with a deep and successful history with our company,” said
Sarver. “I am very pleased to be able to fill this key leadership
position from within our own ranks.”
“Taking the reins at this outstanding banking organization is an honor
for me, and I will work to bring leadership that follows Jim Lundy’s
example of valuing individual contributions, entrepreneurial thinking
and knowledgeable, locally committed banking,” said Garner. “I am very
much looking forward to this exciting opportunity.”
Garner is active in the Phoenix community. He is a member of the
National Association of Industrial & Office Properties (NAIOP) and the
Urban Land Institute. Garner served on the Board of Directors of the
American Heart Association and was a member of the 2016 Phoenix Heart
Walk Board.
Prior to relocating to Phoenix in 2005, Garner resided in Tucson for 15
years. He is the past president of the Tucson Conquistadores and former
chairman of La Paloma Family Services in Tucson. He served on the boards
of the Pima County Real Estate Research Council and the Metropolitan
Pima Alliance.
About Alliance Bank of Arizona
Alliance Bank of Arizona is a division of Western Alliance Bank, Member
FDIC, the go-to bank for business in its growing markets. Founded in
2003 by Arizona natives Robert Sarver, James Lundy and other local
banking experts, Alliance Bank of Arizona offers a full spectrum of
deposit, lending, treasury management, international banking and online
banking products and services, plus superior service to meet the needs
of local businesses. With 10 offices in Greater Phoenix, Tucson, and
Flagstaff, along with Western Alliance Bank’s robust national platform
of specialized financial services, the banking division is a valued
partner for Arizona’s business, real estate, professional, municipal and
nonprofit communities. Western Alliance Bank is the primary subsidiary
of Phoenix-based Western Alliance Bancorporation. With $17 billion in
assets, Western Alliance Bancorporation (NYSE: WAL) is one of the
fastest-growing bank holding companies in the U.S. and recognized as #10
on the Forbes 2016 “Best Banks in America” list. For more information,
visit www.alliancebankofarizona.com.
About Western Alliance Bank
With $17 billion in assets, top-performing Western Alliance
Bancorporation (NYSE:WAL) is one of the fastest-growing bank holding
companies in the U.S. and recognized as #10 on the Forbes 2016 “Best
Banks in America” list. Its primary subsidiary, Western Alliance Bank,
is the go-to bank for business and succeeds with local teams of
experienced bankers who deliver superior service and a full spectrum of
deposit, lending, treasury management, international banking and online
banking products and services. Western Alliance Bank operates
full-service banking divisions: Alliance Bank of Arizona, Bank of
Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank. The
bank also serves business customers through a robust national platform
of specialized financial services including Corporate Finance, Equity
Fund Resources, Hotel Franchise Finance, Life Sciences Group, Mortgage
Warehouse Lending, Public and Nonprofit Finance, Renewable Resource
Group, Resort Finance, Technology Finance and Alliance Association Bank.
For more information, visit westernalliancebank.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161118005042/en/
Western Alliance Bank
Robyn Young, 602-346-7352
SVP, Director
of Marketing & Communications
Source: Western Alliance Bank