PrivateBancorp, Inc. (NASDAQ: PVTB) today announced that its stockholders have approved all proposals at the 2015 annual meeting.

PrivateBancorp stockholders approved the following proposals:

• The election of Board members Norman R. Bobins, Michelle L. Collins, James M. Guyette, Ralph B. Mandell, Cheryl Mayberry McKissack, James B. Nicholson, Edward W. Rabin, Larry D. Richman, William R. Rybak, and Alejandro Silva for one-year terms;
• The ratification of the selection of Ernst & Young LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2015; and
• A non-binding advisory vote to approve 2014 executive compensation.

"We have grown to over $16 billion in assets through a client-focused organic growth strategy," said Larry D. Richman, President and Chief Executive Officer of PrivateBancorp, Inc. "We believe our differentiated business model has positioned us to drive strong and steady earnings power, as evidenced by our substantial earnings growth over the past five years, including a 24 percent year-over-year increase in earnings per share in 2014. We remain focused on leveraging the momentum that we have worked hard to build in all aspects of our relationship-based business – commercial banking, private wealth and community banking businesses."

Of the approximately 78.5 million shares eligible to vote as of March 27, 2015, the record date, approximately 74.1 million votes, or approximately 94.4 percent of the total shares outstanding, were represented at the meeting.