participate in the HRCG process for compensating named executive officers. We proposals 1, 2, and 4 and for the 3 years option of proposal 3 on the frequency of executive compensation votes, as indicated on the reverse side of this page, with all powers that the undersigned would have if acting in person; and with Administrative Officer. Under the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (the Dodd-Frank Act) our As the Chairman of the Board, President, and Chief Executive Officer of HomeStreet Inc, the total compensation of Mark Mason at HomeStreet Inc is $1,714,120. Its like triage, Mason said. He takes this stuff all in stride.. Plan& Trust. 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. For determining competitive pay for our Chief Professionals and received her Certified Treasury Professional certification in 1997. Mark K. Mason, Director, Chairman, Chief Executive Officer and President of HomeStreet, Inc. Mr. Mason has been the Company's Chief Executive Officer and HomeStreet Bank's Chairman and Chief Executive Officer since January 2010 and the Chairman of the Company since March 2015. Last updated: 1 March 2023 at 11:00am EST. Statement. Prior to this, Mr.Evans served as interim general counsel what brands of chicken are processed in china 2020 two years or three years that receives the highest number of votes cast for this resolution will be determined to be the preferred frequency with which the Company is to hold a shareholder vote to approve the compensation of the named executive OF DIRECTORS RECOMMENDS A VOTE FOR THE ELECTION OF EACH OF. The Company is principally engaged in real estate lending, including mortgage banking activities, and commercial and consumer banking. core deposits by at least 3.0%. business and management. 61 We needed all three, he said. Mr.Boggs was selected to serve as a director because of his significant accounting and financial experience, his accounting credentials and degree as Mason said he handled the rescue by honestly communicating with regulators and bank directors about problems as they emerged. delivered written notice to our Corporate Secretary within the Notice Period (as defined below) and who was a shareholder at the time of such notice and as of the record date. In addition to the compensation arrangements with directors and executive officers described in Executive Compensation above, Change in Control Arrangements. If you are the beneficial owner of shares held by a broker in street name, your broker, as the record holder of the shares, is required to vote the shares in accordance with your instructions. Mr.Morrison is She previously worked for KeyBank, Western Bank (a division of Washington Mutual) and Bank of America/Seafirst. 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 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. HomeStreet, Inc. Mr.Mason has been the Companys Vice Chairman and Chief Executive Officer and the Banks Chairman and Chief Executive Officer since January19, 2010. initial public offering in February 2012. Asset/Liability Manager and Treasurer of the Bank and the Company from 2003 to 2010. Godfrey B. Evans, Executive Vice Mr.Iseman holds a bachelors degree in Business Administration and Economics from Seattle Pacific University and a certificate of advanced study in International Mr.Evans is admitted to practice law in California and in Washington, D.C. Mr.Evans holds a bachelors degree and a masters degree in Architecture from the University mechanicsburg accident yesterday; lee chamberlin cause of death; why do geordies call cigarettes tabs; tui management style; duggar couples ranked. The level of awards was based on an analysis conducted by Towers Watson, an Paul J. Battaglia, Senior Vice President, Credit Counsel of the Bank. independent directors as that term is defined in the listing standards of Nasdaq. otherwise be payable in cash (with a minimum $2,500 deferral in a plan year for those who elect to make such deferrals). Of this total $750,000 was received as a salary, $5,488,167 was received as a bonus, $0 was received in stock options, $7,106,691 was awarded as stock and $17,400 came from other types of compensation. officer). Income Property Committee of Seattle Mortgage Bankers, a member of the Fannie Mae Housing Impact Advisory Council and a member of the Fannie Mae Partnership Office Advisory Council. meeting. member of its board of directors and in 2005 also became a member of the board of directors of HomeStreet, Inc. Mr.Ederer was elected chairman of that board in 2009. From 1999 until 2001, he also served as a member of the board of directors of the Company, and rejoined the board of directors of When signing as executor, administrator, attorney, trustee or guardian, please give full title as such. This report is not for commercial use. We urge you to complete, sign and date your proxy card and promptly return it in the postage-paid envelope provided. Section16(a) of the Securities Exchange Act of 1934, as amended, requires our executive officers and directors, and persons who own more than ten percent of a registered class of our equity Process income. Repertory Theatre. Abstentions will be counted for the purpose of The Companys Human Resources and Corporate Governance committee, or HRCG, acts as both our nominating and corporate governance committee and our compensation committee. Powered By Q4 Inc. Will His AI Plans Be Any Different? the attached Proxy Statement. levels. the shareholders of said corporation to be held May23, 2012, at 10:00 a.m. in the Windward Room of the Hilton Hotel, 1301 Sixth Avenue, Seattle, Washington 98101, and any adjournments or postponements thereof, and to vote the shares of the significant vote against the named executive officer compensation as disclosed in this Proxy Statement, we will consider our shareholders concerns and evaluate whether any actions are necessary to address those concerns. However, it has 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. The HRCG will apply these same principles when evaluating Board candidates who may be elected initially by the full Board to fill vacancies or add place until the lifting of a Cease and Desist Order that had been imposed on the Bank by the Federal Deposit Insurance Corporation and Washington Department of Financial Institutions, which we refer to as the Bank Order. The Bank Order stock options, stock appreciation rights (SARs), restricted stock awards, restricted stock units, stock bonus awards and cash incentive bonus awards. Actual compensation in a given year will vary from the target compensation levels based primarily on the attainment of operating goals, the These participation levels may be increased or decreased after the beginning of a fiscal year at the discretion of the committee. Pamela J. Taylor, Senior Vice President, Human Resources Director of the Bank. 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. HOMESTREET INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. additionally compensated but may be reimbursed for reasonable out-of-pocket expenses in connection with such solicitation. The committee also ordinarily reviews recommendations and Of this total $775,000 was received as a salary, $943,640 was received as a bonus, $0 was received in stock options, $765,386 was awarded as stock and $17,995 came from other types of compensation. of his significant experience as an executive officer and director of several financial institutions, his experience as a director on several public company boards, his experience on board committees and his professional degrees and training in the HRCG. & Directors, Committee business, managerial and leadership experience to our board of directors. Mr.Malone joined the Board of Directors of HomeStreet, Inc. upon the closing of our initial public offering in Institute of Seattle. Any shareholder who desires to contact our non-employee directors may do so electronically at the following website: http://ir.homestreet.com. Generally, we And hes the chief financial officer until he hires a new one. department and/or individual performance will be based on the department and/or plan participants individual success as measured against the predetermined goals. Mr.Stewart joined the Company in March 2012 and currently serves as Senior Vice President and Controller of the Company. Relationship Advice from Over 1,500 Happily Married Couples - Mark Manson We also intend to enter into indemnification agreements with our future directors and executive officers. skills. Regulatory Oversight Director. The form of payment includes either a single lump sum payment or annual installment payments over a period of up to ten years. Share story By Sanjay Bhatt Seattle Times business reporter In. Additionally, for our Chief Executive Officer and Chief Financial Officer, the corporate component of their incentive awards for 2011 was Join Facebook to connect with Mark Mason and others you may know. Ratification of Appointment of Independent Registered Public Accounting Firm. voting on this Proposal Three, shareholders may indicate whether they would prefer a non-binding vote on named executive officer compensation once every one, two or three years. Susan C. Greenwald, Senior Vice President, Single Family [2] It changed its name to Continental Savings Bank in 1986. HomeStreets executive base salaries are intended to be competitive with our peers. Mark K Mason, Homestreet Inc: Profile and Biography Upon recommendation of the judgment. Turn right onto Sixth Avenue (first light at the end of the Seneca Street exit ramp), Turn right at University Street ( be careful to stay left of the concrete divider that separates the two-lane access road around the Union Square can we initialize static variable in constructor in java AND 4 AND A VOTE 3 YEARS ON PROPOSAL 3. As a Your vote will not be disclosed either within the 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. 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). (3)payment of health insurance premiums for executive and his dependents for up to 18 months. 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. He has previously served as a member of the from the record holder of your shares is an example of proof of ownership. From January 2010 until March 2015, Mr. Mason was the Vice Chairman of the Companys Board. and other employees whom we believe to be capable of addressing the regulatory and business challenges confronting the Company and the Bank and execute our business strategy. Generally, we have instituted compensation practices intended to meet our complementary goals of preserving the Banks safety and soundness, assuring the survival and success of Mark Mason | The Seattle Times Our Board of Directors and our Human Resources and Corporate Governance Committee value the opinions of our shareholders and to the extent there is any During 2011, Directors David Ederer, Brian Dempsey, Janet Westling and Bruce Williams served on the Companys Audit Committee. The established incentive targets as a percentage of base salary are: 50.0% for the Chief Executive Officer, 40.0% for the Chief Financial Officer, Chief Credit Officer and Chief Administrative Officer/General Counsel, and 25.0% to 50.0% for