secwatch.observer — SEC 8-K summary
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Issuer:     HOPE BANCORP INC (HOPE)
CIK:        0001128361
Form:       8-K
Filed at:   2023-01-06T23:59:59+00:00
Accession:  0001128361-23-000004
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1128361/000112836123000004/0001128361-23-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1128361/000112836123000004/hope-20230105.htm
  HTML page:      https://secwatch.observer/filing/0001128361-23-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer