OP Bancorp CEO Min Kim to retire by June 2025; Chief Credit Officer Sang Oh named successor

OP Bancorp

CEO Min Kim to retire effective June 30, 2025; she will then become Chair of the Board.
Chairman Brian Choi will not stand for reelection and will become Chairman Emeritus.
Sang Oh, current Chief Credit Officer, will succeed Kim as President and CEO.
Transitions begin immediately and are expected to be completed by June 30, 2025.

item 5.02 item 9.01

Executive movements

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

Appointed

Sang Oh

President and Chief Executive Officer

OPBK · OP Bancorp

Filed: August 23, 2024, 7:59 PM ET

the selection of current Chief Credit Officer Sang Oh to succeed Ms. Kim as President and Chief Executive Officer

Role change

Min Kim

Chair of the Board

OPBK · OP Bancorp

Successor: Sang Oh
Filed: August 23, 2024, 7:59 PM ET

the expected retirement of its President and Chief Executive Officer, Min Kim, and Ms. Kim’s succession to Mr. Choi as Chair of the Board

Departed

Brian Choi

Chairman of the Board

OPBK · OP Bancorp

Successor: Min Kim
Filed: August 23, 2024, 7:59 PM ET

the planned retirement of its Chairman of the Board, Brian Choi

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Sang Oh was appointed as President and Chief Executive Officer at OP Bancorp.

Action: selected
Role: President and Chief Executive Officer

Exact text from the filing

the selection of current Chief Credit Officer Sang Oh to succeed Ms. Kim as President and Chief Executive Officer

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Min Kim changed role as Chair of the Board at OP Bancorp.

Action: retirement from CEO and succession to Chair
Role: Chair of the Board

Exact text from the filing

the expected retirement of its President and Chief Executive Officer, Min Kim, and Ms. Kim’s succession to Mr. Choi as Chair of the Board

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Brian Choi departed as Chairman of the Board at OP Bancorp.

Action: retirement
Role: Chairman of the Board

Exact text from the filing

the planned retirement of its Chairman of the Board, Brian Choi

View on SEC.gov

OP Bancorp filing history →

Source: SEC EDGAR

accession 0001193125-24-206276

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