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Board moves at Western Alliance Bancorp., Walker & Dunlop

S&P Global Market Intelligence presents a daily roundup of management and board changes in the financial services and bank and thrift industries. This feature excludes C-level leadership changes and stories previously covered by S&P Global Market Intelligence.

Banking

Cary Mack and William Boyd will not stand for re-election as directors of Western Alliance Bancorp. during the Phoenix-based company's annual shareholders meeting. After the meeting, Boyd will become director emeritus.

In connection with this, the board set its size at thirteen members, effective as of the annual meeting, and nominated Adriane McFetridge as director. McFetridge is a director of engineering at Netflix Inc.'s subscription platform.

Mack is a co-managing partner and managing principal at Southwest Value Partners, according to S&P Global Market Intelligence data. Boyd serves as president of Boyd Kenner Inc. and Boyd Kansas City Inc.

Financial services

John Mazzarino resigned from the board of Fidus Investment Corp. for personal reasons, effective March 7.

Mazzarino is a co-founder and managing principal at Cherokee Investment Partners LLC.

The Fidus Investment board elected Edward Tune as independent director to fill the vacancy created by Mazzarino's departure. Tune is a partner of investment management firm Brown Advisory.

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The board of Walker & Dunlop Inc. increased its size to nine from eight directors and elected Ellen Levy to the board. Levy is founder and managing director of management consulting company Silicon Valley Connect LLC.

Cynthia Hallenbeck will not stand for re-election to the board at the company's annual shareholders meeting on May 16. Hallenbeck is the founder and CEO of Alercyn Inc.