Western Alliance Bank Bolsters Commercial and Industrial Team with Strategic Hires Katie McDowell and Jon VanDerMeid

Rhea-AI Summary

Western Alliance Bank appoints Katie McDowell and Jon VanDerMeid to strengthen its Commercial and Industrial Banking team, focusing on Aerospace, Defense, and Government Services sectors.

PHOENIX--(BUSINESS WIRE)-- Western Alliance Bank today announced the appointment of Katie McDowell and Jon VanDerMeid to the organization’s Commercial and Industrial Banking team. McDowell assumes the role of Senior Vice President, Relationship Manager to support the organization’s Aerospace, Defense and Government Services team, and VanDerMeid takes on the role of Credit Underwriting and Portfolio Manager, Commercial & Industrial to support the broader Commercial and Industrial team.

Jon VanDerMeid, Western Alliance Bank, Aerospace & Defense Group (Photo: Business Wire)

“In a strategic step that reaffirms our commitment to providing outstanding, customized commercial banking for our clients, we are thrilled to welcome Katie McDowell and Jon VanDerMeid to the Western Alliance Bank team,” said Matt Griesbach, Commercial and Industrial Industry Executive, Aerospace and Defense, at Western Alliance Bank. “Through the expansion of our commercial banking team we’re able to elevate our service in an underserved market segment and continue to deliver a broad range of tailored banking solutions for companies of all sizes.”

McDowell brings nearly two decades of experience to the Western Alliance Bank team, with deep commercial and industrial experience in the aerospace, defense, and government services sectors. McDowell holds a Bachelor of Art in American Studies from Brown University as well as a Master of Business Administration from Yale School of Management, where she studied Finance and Investment Management.

VanDerMeid also joins the Western Alliance Bank team with two decades of industry experience, holding pivotal roles in commercial, leasing and investment banking underwriting. VanDerMeid has a Bachelor of Arts degree in Finance from Michigan State University.

“The additions of Katie McDowell and Jon VanDerMeid are part of our broader strategy to bring an even sharper, more dedicated focus to the Commercial and Industrial market – including in highly specialized sectors such as defense and government services,” said Julian Parra, Head of Commercial Banking at Western Alliance Bank. “In recent months, we’ve been building upon our already strong C&I foundation by adding incredible talent to the team, enabling us to better serve the burgeoning commercial market in California and beyond.”

To learn more about Western Alliance Bank, visit www.westernalliancebancorporation.com.

About Western Alliance Bank

With more than $70 billion in assets, Western Alliance Bancorporation is one of the country’s top-performing banking companies. Its primary subsidiary, Western Alliance Bank, Member FDIC, offers a full spectrum of tailored commercial banking solutions and consumer products, all delivered with outstanding service by banking and mortgage experts who put customers first. Major accolades include being ranked as a top U.S. bank in 2023 by American Banker and Bank Director and receiving #1 rankings on Institutional Investor's All-America Executive Team Midcap 2023-2024 for Best CEO, Best CFO, Best Company Board of Directors and Best Investor Relations Team. Serving clients across the country wherever business happens, Western Alliance Bank operates individual, full-service banking and financial brands with offices in key markets nationwide. For more information, visit Western Alliance Bank.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240327315080/en/

Media contact: Stephanie Whitlow, swhitlow@westernalliancebank.com

Source: Western Alliance Bancorporation

FAQ

Who were appointed to Western Alliance Bank's Commercial and Industrial Banking team?

Katie McDowell and Jon VanDerMeid.

What roles did Katie McDowell and Jon VanDerMeid assume?

McDowell as Senior Vice President, Relationship Manager for Aerospace, Defense, and Government Services team, and VanDerMeid as Credit Underwriting and Portfolio Manager for the broader Commercial and Industrial team.

What are the educational backgrounds of Katie McDowell and Jon VanDerMeid?

McDowell has a Bachelor of Art in American Studies and an MBA in Finance and Investment Management. VanDerMeid has a Bachelor of Arts degree in Finance.

What is the strategic significance of these appointments for Western Alliance Bank?

To provide outstanding commercial banking services, elevate service in underserved market segments, and deliver tailored banking solutions for companies of all sizes.

What is the broader strategy of Western Alliance Bank in the Commercial and Industrial market?

To bring a sharper focus to specialized sectors like defense and government services by adding talent to the team.

What recent developments have occurred at Western Alliance Bank in terms of talent acquisition?

The addition of Katie McDowell and Jon VanDerMeid to strengthen the Commercial and Industrial team.

What is the goal of Western Alliance Bank's expansion in the Commercial and Industrial market?

To better serve the commercial market in California and beyond.

What are the qualifications of Katie McDowell and Jon VanDerMeid in their respective fields?

McDowell has nearly two decades of experience in aerospace, defense, and government services sectors, while VanDerMeid has two decades of industry experience in commercial, leasing, and investment banking underwriting.