leadership
confidence high
sentiment neutral
materiality 0.50
RBB Bancorp amends CEO severance, formalizes CFO/CAO employment pacts
RBB Bancorp
- CEO David R. Morris amendment extends post-change-in-control severance to 18 months salary and insurance.
- Alex Ko appointed EVP/CFO with base salary $367,200 and 30,000-share stock option grant.
- Gary Fan appointed EVP/CAO with base salary $325,000 and $100,000 signing bonus.
- Ko and Fan also entered standard indemnity agreements with the company.