---
schema_version: "secwatch.filing_event.v1"
accession: "0001069157-21-000083"
form_type: "8-K"
ticker: "EWBC"
cik: "0001069157"
company_name: "EAST WEST BANCORP INC"
filed_at: "2021-12-06T23:59:59+00:00"
generated_at: "2026-06-28T03:23:25.606501+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# East West Bancorp appoints Huang as Head of Commercial Banking, Shi as COO with $800k salary

## Summary
- Nick Huang appointed EVP and Head of Commercial Banking, reporting to CEO Dominic Ng, effective November 15/December 1, 2021.
- Parker Shi appointed EVP and COO, overseeing consumer banking, digital banking, retail lending, and wealth management.
- Shi's employment terms: $800k base salary, target bonus 100% of base, sign-on $150k cash and $1.3M in RSUs.
- Shi receives initial annual stock grant in March 2022 with performance RSUs, three-year cliff vesting.
- Termination without cause triggers severance of 2x salary plus 100% salary bonus, with equity vesting continued.

## SEC filing metadata
- accession: 0001069157-21-000083
- form_type: 8-K
- ticker: EWBC
- cik: 0001069157
- company_name: EAST WEST BANCORP INC
- filed_at: 2021-12-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1069157/000106915721000083/0001069157-21-000083-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1069157/000106915721000083/ewbc-20211201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001069157-21-000083
- JSON: https://secwatch.observer/filing/0001069157-21-000083.json
- Plain text: https://secwatch.observer/filing/0001069157-21-000083.txt

## Key facts
- Executive change
  Parker Shi was appointed as Executive Vice President and Chief Operating Officer at EAST WEST BANCORP INC.
  - Action: appointed
  - Role: Executive Vice President and Chief Operating Officer
  source text: On December 1, 2021, the Company appointed Parker Shi as Executive Vice President and Chief Operating Officer of the Company and the Bank.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1069157/000106915721000083/0001069157-21-000083-index.htm
- Executive change
  Nick Huang was appointed as Executive Vice President and Head of Commercial Banking at EAST WEST BANCORP INC.
  - Action: appointed
  - Role: Executive Vice President and Head of Commercial Banking
  source text: On November 15, 2021, East West Bancorp, Inc. (the “Company”) appointed Nick Huang as Executive Vice President and Head of Commercial Banking of the Company and its wholly owned subsidiary, East West Bank (the “Bank”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1069157/000106915721000083/0001069157-21-000083-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.