RBB Bancorp director Peter Chang resigns amid ongoing board independence investigation

RBB Bancorp

Peter Chang resigned from boards of RBB Bancorp, Royal Business Bank, and subsidiaries, effective Oct. 31, 2022.
Chang also left his roles on Loan, CRA, and Asset/Liability Committees; cites family and his own company as reasons.
Board continues investigation into director independence, which includes Chang's independence; no final determination yet.
The investigation also includes a comprehensive review of governance structures and policies, expected to conclude as soon as practicable.

item 5.02 item 8.01 item 9.01

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Departed

Peter Chang

Director

RBB · RBB Bancorp

Effective: 2022-10-31
Filed: November 4, 2022, 7:59 PM ET

On October 31, 2022, Mr. Peter Chang resigned from the boards of directors (the “Boards”) of RBB Bancorp and its wholly-owned subsidiary, Royal Business Bank (collectively, the “Company”).

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Peter Chang resigned as Director at RBB Bancorp.

Action: resigned
Role: Director

Exact text from the filing

On October 31, 2022, Mr. Peter Chang resigned from the boards of directors (the “Boards”) of RBB Bancorp and its wholly-owned subsidiary, Royal Business Bank (collectively, the “Company”).

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RBB Bancorp filing history →

Source: SEC EDGAR

accession 0001437749-22-025893

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