secwatch.observer — SEC 8-K summary
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Issuer:     HOPE BANCORP INC (HOPE)
CIK:        0001128361
Form:       8-K
Filed at:   2023-04-20T23:59:59+00:00
Accession:  0001128361-23-000019
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hope Bancorp appoints Julianna Balicka EVP & CFO, effective April 17, 2023
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- Balicka, 45, previously SVP Director of IR at East West Bank; began her career at Keefe, Bruyette & Woods.
- Base salary of $450,000/yr; 25,000 RSUs vesting over 5 years; sign-on bonus of $50,000 subject to clawback if terminated before April 17, 2024.
- Eligible for annual cash bonus up to 40% of base and LTIP target of 35% starting Q1 2024.
- David P. Malone stepped down as interim CFO; remains as advisor through April 30, 2023 at $46,396/month.
- Balicka's appointment is effective immediately; no family relationships or material interests disclosed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1128361/000112836123000019/0001128361-23-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1128361/000112836123000019/hope-20230417.htm
  HTML page:      https://secwatch.observer/filing/0001128361-23-000019

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