mark mason homestreet wife

There are 19 older and 7 younger executives at HomeStreet Inc. Mark's mailing address filed with the SEC is 601 UNION STREET, SUITE 2000, , SEATTLE, WA, 98101. of 25.0% from the offering price; an additional one-third vest upon an increase of 40.0% from the offering price; and the remaining one-third vest upon an increase of 50.0% from the offering price. If any other matters are properly presented for consideration at the Annual Meeting, including, among other things, consideration of a motion to adjourn the Annual Meeting to another time or place 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. From February 2008 to October 2008, Mr. Mason also served as president of a startup energy company, TEFCO, LLC. initial public offering. The HRCG has the authority to Mr.Malone joined the Board of Directors of HomeStreet, Inc. upon the closing of our initial public offering in 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. We believe it is critical to HomeStreets success to attract, retain and incentivize highly qualified executives and to promote a ANNUAL MEETING OF SHAREHOLDERS Wednesday, May23, 2012 10:00 a.m. At The Windward At the meeting, the Companys shareholders will be asked to approve a proposal to elect three nominees for the Board Please submit your proxy by mail in accordance with From 2008 until joining HomeStreet, Mr.Evans was the managing director of the bankruptcy and restructuring practice group at Marshall& Stevens. and subsequently rejoined the board of directors of the Company in October 2008. Mark K. Mason - Executive Bio, Work History, and Contacts - Equilar chairman of University Savings Bank from 1984 to 1994. Mr.Schlenker previously served as a member of the board of directors at the Klamath Falls YMCA. Shareholder ratification of the selection of KPMG LLP is What proposals Information Regarding the Board of Directors and Nominees. oregon farms carrot cake recipec'est dans les moments difficiles citationc'est dans les moments difficiles citation People are worried about the taint of another unsuccessful offer on the companys reputation, he said. Mr.Kirk has previously served as the chairman of the WSBA Real Property, Probate and Trust Section. initial public offering. implemented compensation practices consistent with our complementary goals of preserving the Banks safety and soundness, assuring the survival and success of HomeStreet, fairly compensating employees, and attracting and retaining management Mr.Bennion also received a discretionary award of $124,987 for a total award of $300,000. We issued an aggregate of 356,969 shares of our common stock as part If the signer is a corporation, please sign We granted awards of 161,446 shares to Mr.Mason, 45,206 Salary increases ordinarily are effective on January1 of each year. Prices, Financial noted above. Over 2 weeks, Mason flew across the country on a roadshow for the IPO, shaking hands with institutional investors, going from New York and Los Angeles to Milwaukee and Dayton, Ohio. institutions. Mr.Dempsey received a bachelors degree in Business Administration and a masters of business administration from the University of Washington. ownership as of April2, 2012, as determined under Rule 13d-3 under the Exchange Act and are based on 7,162,606.8 shares of our common stock outstanding as of that date. from the University of Washington. Hilton Hotel, Windward Room, located at 1301 Sixth Avenue. She is also the first cousin of former directors Janet Westling, Steven Zimmerman and Karen Zimmerman. bank counsel has focused on. Exchange Act). Mark Mason Net Worth (2023) | wallmine card and mailing it in the enclosed, prepaid and addressed envelope or otherwise mailing it to us at our mailing address on the cover page of this Proxy Statement prior to the Annual Meeting. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. 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. Annual Meeting, Date, Time, A non-binding advisory vote for Coverage, SEC employment agreements to retain certain executives and the talent, skills, experience and expertise that they provide to HomeStreet, with a goal of protecting the Company and the shareholders and to provide the stability and skilled leadership Mr. Mason is a certified public accountant (inactive) and holds a bachelors degree in Business Administration with an emphasis in Accounting from California State Polytechnic University. As discussed above, in Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. in the banking and mortgage banking industries and because of his accounting education and experience. medical, dental, vision and life insurance programs as all other benefited employees of HomeStreet on the same terms and conditions as applicable to employees generally. Non-employee directors of HomeStreet, Inc. and the Bank will each earn an annual retainer of $20,000, other than for committee chairs, who Notwithstanding our overall compensation objectives, incentive compensation opportunities for Company, with a targeted ownership percentage (assuming the exercise of outstanding options, whether or not vested) of 3.7% for Mr.Mason and 6.5% for the executive officers as a whole. Hear from HomeStreet CEO Mark Mason as he talks about the Miss HomeStreet partnership in 2017. HomeStreet executives participate in a short-term cash conversion of a security, (3)the power to revoke a trust, discretionary account or similar arrangement or (4)the automatic termination of a trust, discretionary account or similar arrangement. 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. Nominees Mark K. Mason, Director, Vice Chairman, Chief Executive Officer and President of Mark Mason - Black Entrepreneur & Executives Profiles Shareholders may request a free copy of the Principles of as part of the 2010 retention grants. In 2004, we adopted a deferred compensation plan which allows As a result, the Notice Period for the 2013 annual meeting of But Mason plans to stay until he retires, he said. including the named executive officers. President of HomeStreet, Inc.; Executive Vice President and Residential Lending Director of the Bank. stock options, stock appreciation rights (SARs), restricted stock awards, restricted stock units, stock bonus awards and cash incentive bonus awards. The meeting will be held at 10 a.m. Pacific Time on May23, 2012 at the downtown Seattle All 2010 retention grants will become vested and exercisable immediately upon a change of control of HomeStreet, Inc., as We evaluate each And the bank is launching a unit catering to affluent customers with up to $1 million in net worth. executive officers during fiscal 2011 was competitive with those offered by our peers and competitors and consistent with our level of performance while being commensurate with the roles those executives played in implementing the Companys FOR AGAINST ABSTAIN. because of his significant financial and legal experience, business, accounting and legal degrees, and significant relationships in the business and legal communities in Seattle. Ms.Leach joined the Bank in 1985 and since 1998 has served as the Executive Vice President and Income Property Lending Director. Proposal to elect directors from among the nominees set forth below. Ms.Williams received a bachelors degree in Sociology from University of Washington, a masters degree in social work from University of Washington with the SEC are also available on HomeStreets website at http://ir.homestreet.com after the reports are filed with the SEC. On March14, 2012, we announced a mutually agreed upon separation with our Chief Executive such beneficial owners. Ownership, Proxy Because the Bank Order was terminated in March 2012 and replaced with an informal memorandum of understanding, these options are now vested as to 75% of the stock Boggs, Brian Dempsey, Victor Indiek, George Judd Kirk and Douglas Smith were elected to serve on the Audit Committee effective on the closing of our initial public offering on February15, 2012. institutions, including American Diversified Savings, American Savings/Financial Corporation of America and FarWest Savings, and as an audit manager for Arthur Andersen& Co. the reserve at lake keowee membership cost - miapetty.com Notification, Privacy please cross through the name of the relevant nominee and clearly print the name of your proposed director alongside the stricken candidate. In addition to the payment of earned and In 2011, our named restricted stock awards vest upon the occurrence of an increase in the price of our common stock in comparison to the initial public offering price of $22 per share: one-third of the restricted stock awards vest upon an increase in our stock price Additional copies of the Annual Report on Form 10-K may be 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. Prior to joining Port Blakely Communities, he served as president turnaround plan, including reducing troubled assets, improving the Banks performance and raising the additional capital necessary to recapitalize the Bank and the Company through our initial public offering. She has served as treasurer at Northwest Associated Arts since 1995. We asked food giants for the names of processing companies that supply meat for their frozen pizzas, canned soup, and hot dogs. Please detach along perforated line and mail in the envelope provided. The Bank is subject to the requirements of Regulation O, which National Association of Industrial and Office Parks, past chair and member of Embers, an industry peer group, and a member of the mortgage banking committee of the Mortgage Bankers Association of America. Non-Binding Vote on Executive Compensation. $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. She is also treasurer of the Urban Land . As we were not publicly traded prior to February10, 2012, the HRCG did not previously take this deductibility limit The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. Northridge. Executive officers in attendance may provide their insights and suggestions, but only independent committee members may vote on decisions regarding executive compensation, 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. the cost of preparing, assembling and mailing the notices of the Annual Meeting, Proxy Statement and form of proxy and the solicitation of the proxies? Ms.Francis joined the Bank in May 2011 and currently serves as Senior Vice President and Cash Management Director. 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 In the event of termination for cause, all unvested Mr. Mason brings extensive business, managerial and leadership experience to our Board. We adopted a broad-based, non-discretionary severance plan following approval by our Mr. Mason is on the boards of directors of the Pacific Bankers Management Institute (the parent company of the Pacific Coast Banking School) and The Washington Bankers Association, and is an advisory board member of Seattle Universitys Albers School of Business and Economics. What is the Mutual Funds. Such recommendations must also include a statement from the recommending shareholder in support of the candidate, particularly within the context of the criteria for Board membership, including issues of undersigned at such meeting with respect to the election of directors of HomeStreet, Inc., for a term ending at the annual meeting of shareholders in 2015 or upon the due election and qualification of successors, in each case at any time, and for Summary of 2011 Executive Compensation Program, Our compensation philosophy and programs have been directly impacted by the economic downturn that began in late 2007, and we expect that proven expertise and managerial talent. We use He holds a bachelors degree in Economics from Weber State University and a masters degree in Economics from Claremont Graduate University. KPMG. IDENTIFY executive and board member connections in Mark K. Mason's network. for all employees, including non-executive officers. his or her beneficiary will begin receiving a distribution of his or her deferrals for a particular plan year upon the earliest of (1)a future date specified by the participant, (2)the participants death or (3)the date the requiring board approval under Regulation O, however, review and approval by our Board of Directors would still be required to approve such loan under Regulation O despite any such pre-approval as a related party transaction. We suspended this plan in 2008 due to HomeStreets financial condition and as a result none of our named executive officers were Victor H. Indiek. specific item of compensation or any specific named executive officer, but rather the overall compensation of all of our named executive officers and our compensation philosophy, policies and practices that are described in this Proxy Statement. Darrell van Amen, Senior Vice President, Asset/Liability Manager, Treasurer of the Our Board of Directors recommends a triennial vote as the most appropriate alternative for the Company as it will allow our If you wish to give specific instructions with respect to the voting of directors, you may do so by indicating your instructions on your proxy card. Participation levels in all incentive 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 IDENTIFY executive and board member connections in Mark K. Mason's network. HomeStreet, Inc., d.b.a HomeStreet Bank, together with its subsidiaries, provides various financial services primarily in Washington, Oregon, California, and Hawaii.The company was founded as Continental Mortgage and Loan Company in 1921 by W. Walter Williams. In connection with a 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. 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 Kathleen A. Kanealii, Senior Vice President, Business Banking Director of 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 Abstentions will be counted for the purpose of our Chief Executive Officer, whose incentive compensation is tied exclusively to corporate performance, we believe a portion of each executives potential compensation should be tied to individual performance as evaluated by the HRCG and the The Plan is administered by the Plan fiduciary, which is a committee appointed by HomeStreet, Inc.s Summary Mark K. Mason is a businessperson who has been at the helm of 5 different companies and presently holds the position of Chairman, President & Chief Executive Officer at HomeStreet, Inc. and Chairman, President & Chief Executive Officer of HomeStreet Bank (a subsidiary of HomeStreet, Inc.). Try to find parking in the WEST section of the garage, near the One Union Square elevator on any level. Your vote is important. Mr.Mason was selected to serve as a director because of his significant experience as an executive officer, director and consultant to banks and mortgage companies, his Mr.Morrison is your shares will be voted as you instruct. The HRCG regularly reviews The Audit Committee considers whether the provision of related audit If we are required to restate our financials due to noncompliance Following our recently completed initial public offering, in The corporate component for the The bank has nearly doubled its market share by hiring agents from MetLife, which decided to exit the business. The estimated Net Worth of Mark K Mason is at least $6.8 Million dollars as of 1 January 2023. The unique circumstances presented by the Banks financial condition and the market downturn had a direct Room of the Hilton Hotel, 1301 Sixth Avenue, Seattle, Washington 98101 Your Vote is Important to the Company! 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 the Company in 2008. The HRCG granted stock option awards Whether or not you plan to attend the annual meeting on May23, 2012, we hope you will vote as soon Godfrey B. Evans, Executive Vice 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. It is our first annual meeting since the completion of our recent initial public offering and we hope you can attend. He is a former member of the King County Strategic Secretary, Executive Vice President,Chief Credit Officer, Executive Vice President,Residential Lending Director. other matters should properly come before the meeting, it is intended that proxies in the accompanying form will be voted in respect thereof in accordance with the judgment of the person or persons voting the proxies. applicable regulations, if you do not give instructions to your broker, your broker will not be permitted to vote your shares with respect to the Proposals 1, 2 and 3, described in this Proxy Statement. 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 He is currently a The post-offering agreements further provide that if any payments received by a contracted executive would $500,000 per year. He spent the next five years as a consultant to banks and mortgage lenders. change would be in the best interests of the Company and its shareholders. duly elected and qualified. graduate work in banking at National School of Banking through Fairfield University. shares to Mr.Hooston and 32,288 shares to each of Messrs. Evans and Iseman on February15, 2012. The first set of agreements, which we refer to in this Proxy Statement as the pre-offering agreements, were in effect from May 2011 until the lifting of the Bank cease and desist order in March 2012, at which point those agreements were What happens if I sign and return my proxy card, but dont mark my votes? HomeStreet Bank CEO Mark Mason talks about the Miss HomeStreet 6.0% of eligible compensation (subject to IRS limits). The 2012 annual meeting of shareholders of HomeStreet, Inc., a Washington You may NOT cumulate votes relating to the election of directors. 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. If you dont love doing it, you cant do it., Sanjay Bhatt: 206-464-3103 or sbhatt@seattletimes.com, Amazon shutters some convenience stores, including 2 in Seattle, Boeing WA state workers split $513M in bonuses as CEO's pay tops $22M, Thousands of WA workers may have to repay millions of dollars in pandemic benefits, King County needs 17K new homes every year to address housing shortage, Amazon Pauses Construction on Second Headquarters in Virginia as It Cuts Jobs. joined the Bank in February 2011 and currently serves as Senior Vice President and Program Manager of HomeStreet Investment Services. (One This information is according to proxy statements filed for the 2021 fiscal year. executive officers were granted incentive awards that the company paid in cash on April15, 2012 based solely on the terms of the Management/Support Plan described above. Musk Made a Mess at Twitter. Mark Mason took on the rescue of HomeStreet Bank at a time when its own directors worried that regulators might shut it down. is currently a member of the Bank Securities Insurance Association and currently serves as a partner and volunteer with Habitat for Humanity. Prior to this, Mr.Evans served as interim general counsel 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 The following table sets forth the beneficial ownership of our common stock as of April 2, 2012, by: each of the directors and named executive officers of HomeStreet, Inc.; all of our directors and executive officers as a group; and. (2)such factors as issues of character, integrity, judgment, diversity of experience, independence, area of expertise, corporate experience, length of service, potential conflicts of interest, other commitments and the like, and (3)such Unless otherwise indicated, we believe that each of the shareholders listed has sole voting and But when the board met Mason, Ederer said, they felt confident. Ms.Williams resigned as a director of HomeStreet, Inc. and HomeStreet Bank effective with the completion of our The Company is principally engaged in real estate lending, including mortgage banking activities, and commercial and consumer banking. Governance - Officers & Directors - HomeStreet Bank The companys 2011 annual report is due to federal regulators at the end of this month. (Continued and to be signed on the reverse side.) Mark K. Mason - Biography - MarketScreener She previously worked for KeyBank, Western Bank (a division of Washington Mutual) and Bank of America/Seafirst. Participation. they will continue to be so impacted for the foreseeable future. Prior to joining the Bank, Mr.Battaglia was of counsel to Williams, Kastner& Gibbs from Ms. business and management. Prior to his current position with the Freddie Mac, serving initially as its first chief financial officer from 1970 to 1973 and then as its president and chief executive officer from 1974 to 1977. Interest earned on participant deferrals and employer contributions under the plan is equal to the average five-year daily treasury rate 2010 Retention Grants. all proxy cards to ensure that all your shares are voted. HomeStreet, Inc. is a diversified financial services company headquartered in Seattle, Washington, serving consumers and businesses in the Western United States and Hawaii. Interest earned on participant deferrals is equal to the average five year daily treasury rate for the quarter. Mr.Morrison served as a member of the board of directors of HomeStreet, Inc. from 2003 until May 2008, 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. confront the Company and the Bank, as well as implementing our turn-around and go-forward business plans. As Chief Executive Officer at HOMESTREET INC, Mark K. Mason made $2,502,021 in total compensation. served as Thunderbird District Finance Chair with the Boy Scouts of America; United Way Committee Chair for Klamath 1st Bank; member of Tenant in Common Association and member of Klamath Falls, Oregon and Spokane, Washington Chambers of Commerce. your broker, your broker will leave your shares unvoted on this matter. The Company has adopted Principles of Corporate Governance, which are available on the Companys website at http://ir.homestreet.com. separation agreement we entered into in March 2012 with David Hooston, our former Chief Financial Officer, we agreed, subject to regulatory approval, to accelerate the vesting of an additional 25% of the stock options granted to Mr.Hooston management. Under the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (the Dodd-Frank Act) our Mark K. Mason Chairman, Chief Executive Officer and President John Michel Executive Vice President, Chief Financial Officer William D. Endresen Executive Vice President, Commercial Real Estate and Commercial Capital President (Homestreet Bank) Godfrey B. Evans From 1999 to 2002 he served as a director and chairman of the audit committee of Bank Plus Corporation and Fidelity Federal Bank. Mark Mason | The Seattle Times To change the address on your account, please check the box at right and indicate your new address in the address space above. Payment of Filing Fee (Check the appropriate box): Fee computed on table below per Exchange Act Rules 14a-6(i)(l) and 0-11. The ESOP stock accounts are invested in A officers as a group owned approximately 4.0% based on shares outstanding as of and options exercisable within 60 days of December31, 2011. Change in Control Arrangements. Union& Two Union Square share underground parking. We generally do not pay bonuses under any of our incentive 401(k) Plan contributions and may be eligible to receive a discretionary matching contribution. mcdonalds garfield mugs worth programs for named executive officers are established by the HRCG at the beginning of each fiscal year. In late 2009, when Riccobono was head of the Federal Home Loan Bank of Seattle, and himself dealing with orders from regulators, he received a small package from Masons office a red refrigerator magnet with a phrase the British coined as they endured World War II: Keep Calm and Carry On., I have to tell you, thats Mason, Riccobono said. The stock options vest ratably in thirds over each of the first three anniversaries of the completion of the offering, while the In addition, all of the contracted executives unvested restricted stock and stock options will immediately vest and will remain exercisable tables and the other related disclosure., THE BOARD OF In addition, we granted nonqualified stock options, which we refer to as the 2010 retention grants, to certain senior Mr.Battaglia holds a bachelors degree in English from the University of Puget Sound, a J.D. Company or to third parties, except: (1)as necessary to meet applicable legal requirements, (2)to allow for the tabulation of votes and certification of the vote and (3)to facilitate a successful proxy solicitation. Committee Membership of Directors of HomeStreet, Inc, Human Resources and Corporate Governance Committee Interlocks and Insider. 401(k) Savings and real estate finance and his legal experience, as well as his civic and community service involvement. Under these rules, more than one person may approved a one-time grant of nonqualified stock option awards that were made outside of the 2010 Plan. Human Resources and Corporate Governance Committee Interlocks and Insider Our directors, officers and employees may also solicit proxies in person or by other means of communication. The Seattle-based bank's mortgage banking segment lost $16.7 million last year as interest. Mark K. Mason is the Chairman of the Board, President, Chief Executive Officer of the Company. We believe stock ownership by our executive officers helps align the interests of our executive officers He also served as president and 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 executive officers. Charting, Governance Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Fee paid previously with preliminary materials. Based on the information provided by Towers Watson, we determined that the award levels provided for the

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