Hope Bancorp CFO Alex Ko resigns effective Jan 6; David Malone named interim CFO

HOPE BANCORP INC

Alex Ko resigns as CFO effective Jan 6, 2023, to pursue other opportunities; no disagreement with company.
Ko receives $430,500 lump sum payment, equity acceleration; consulting agreement for $110,250 through Mar 31, 2023.
David Malone, age 72, director since 2014, appointed interim CFO with $556,756 annual salary.
Malone previously served as President and COO of Bank of Hope; retired Dec 31, 2021; also served as CFO at Community Bank.
Formal search for permanent CFO initiated; Ko to assist transition as consultant through Q1 2023.

item 1.01 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

Alex Ko

Senior Executive Vice President and Chief Financial Officer

HOPE · HOPE BANCORP INC

Effective: 2023-01-06
Successor: David P. Malone
Filed: January 6, 2023, 6:59 PM ET

On January 6, 2023, the Company announced that Alex Ko has resigned from his position as Senior Executive Vice President and Chief Financial Officer of the Company and the Bank, effective January 6, 2023, in order to pursue other opportunities.

Appointed (interim)

David P. Malone

Interim Chief Financial Officer

HOPE · HOPE BANCORP INC

Effective: 2023-01-06
Filed: January 6, 2023, 6:59 PM ET

The Company also announced that David P. Malone will step in and serve as Interim Chief Financial Officer until a new Chief Financial Officer is appointed.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Alex Ko resigned as Senior Executive Vice President and Chief Financial Officer at HOPE BANCORP INC.

Action: resigned
Role: Senior Executive Vice President and Chief Financial Officer

Exact text from the filing

On January 6, 2023, the Company announced that Alex Ko has resigned from his position as Senior Executive Vice President and Chief Financial Officer of the Company and the Bank, effective January 6, 2023, in order to pursue other opportunities.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

David P. Malone was appointed as Interim Chief Financial Officer at HOPE BANCORP INC.

Action: appointed
Role: Interim Chief Financial Officer

Exact text from the filing

The Company also announced that David P. Malone will step in and serve as Interim Chief Financial Officer until a new Chief Financial Officer is appointed.

View on SEC.gov

HOPE BANCORP INC filing history →

Source: SEC EDGAR

accession 0001128361-23-000004

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.