8-K filed December 8, 2021, 6:59 PM ET ticker HOPE CIK 0001128361

leadership confidence high sentiment neutral materiality 0.55

Hope Bancorp appoints Lisa Pai to board; Malone retires, Koh promoted to COO

HOPE BANCORP INC

Lisa K. Pai, former EVP & General Counsel, appointed to board effective Dec 7, 2021, increasing board to 12 members.
David P. Malone retires as President & COO of Bank of Hope effective Dec 31, 2021; will consult through Mar 2022 at $46,396/month.
Peter Koh promoted to Senior EVP & COO of Bank of Hope effective Jan 1, 2022; salary increased to $400,000/year.
Kevin S. Kim re-assumes role of President of Bank of Hope effective Jan 1, 2022, in addition to his CEO roles.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

David P. Malone

President and Chief Operating Officer of the Bank

HOPE · HOPE BANCORP INC

Effective: 2021-12-31
Successor: Peter Koh
Filed: December 8, 2021, 6:59 PM ET

David P. Malone, President and Chief Operating Officer of the Bank, announced his decision to retire and resign as President and Chief Operating Officer of the Bank effective as of December 31, 2021.

Appointed

Lisa K. Pai

Director

HOPE · HOPE BANCORP INC

Effective: 2021-12-07
Filed: December 8, 2021, 6:59 PM ET

On December 7, 2021, Hope Bancorp, Inc. (the “Company”) appointed Lisa K. Pai to the Board of Directors of the Company and its wholly owned subsidiary, Bank of Hope (the “Bank”), effective immediately

Role change

Kevin S. Kim

President of the Bank

HOPE · HOPE BANCORP INC

Effective: 2022-01-01
Filed: December 8, 2021, 6:59 PM ET

Also effective January 1, 2022, Kevin S. Kim, age 64, Chairman, President and Chief Executive Officer of the Company and Chairman and Chief Executive Officer of the Bank, will re-assume the role of President of the Bank.

Appointed

Peter Koh

Chief Operating Officer of the Bank

HOPE · HOPE BANCORP INC

Effective: 2022-01-01
Filed: December 8, 2021, 6:59 PM ET

Peter Koh, age 44, will succeed Mr. Malone as Chief Operating Officer of the Bank effective as of January 1, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

David P. Malone retired as President and Chief Operating Officer of the Bank at HOPE BANCORP INC.

Action: retired
Role: President and Chief Operating Officer of the Bank

Exact text from the filing

David P. Malone, President and Chief Operating Officer of the Bank, announced his decision to retire and resign as President and Chief Operating Officer of the Bank effective as of December 31, 2021.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Lisa K. Pai was appointed as Director at HOPE BANCORP INC.

Action: appointed
Role: Director

Exact text from the filing

On December 7, 2021, Hope Bancorp, Inc. (the “Company”) appointed Lisa K. Pai to the Board of Directors of the Company and its wholly owned subsidiary, Bank of Hope (the “Bank”), effective immediately

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Kevin S. Kim changed role as President of the Bank at HOPE BANCORP INC.

Action: re-assumed
Role: President of the Bank

Exact text from the filing

Also effective January 1, 2022, Kevin S. Kim, age 64, Chairman, President and Chief Executive Officer of the Company and Chairman and Chief Executive Officer of the Bank, will re-assume the role of President of the Bank.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Peter Koh was appointed as Chief Operating Officer of the Bank at HOPE BANCORP INC.

Action: appointed
Role: Chief Operating Officer of the Bank

Exact text from the filing

Peter Koh, age 44, will succeed Mr. Malone as Chief Operating Officer of the Bank effective as of January 1, 2022.

View on SEC.gov

HOPE BANCORP INC filing history →

Source: SEC EDGAR

accession 0001128361-21-000049

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