---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-032487"
form_type: "8-K"
ticker: "CATY"
cik: "0000861842"
company_name: "CATHAY GENERAL BANCORP"
filed_at: "2023-11-17T23:59:59+00:00"
generated_at: "2026-06-08T00:41:13.482010+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Cathay General Bancorp appoints Albert Sun as Chief Credit Officer; Mark H. Lee to retire

## Summary
- Mark H. Lee to retire as EVP and Chief Credit Officer effective after Dec 31, 2023; transition period ends ~Feb 28, 2024.
- Albert Sun, age 68, elected as new Chief Credit Officer effective Jan 1, 2024.
- Sun joined Cathay Bank in Sep 2023 as EVP Special Advisor; previously CCO at Piermont Bank, Grasshopper Bank, East West Bank.
- No family relationships or transactions requiring disclosure under Reg S-K Item 404(a).

## SEC filing metadata
- accession: 0001437749-23-032487
- form_type: 8-K
- ticker: CATY
- cik: 0000861842
- company_name: CATHAY GENERAL BANCORP
- filed_at: 2023-11-17T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/861842/000143774923032487/0001437749-23-032487-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/861842/000143774923032487/caty20231116_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-032487
- JSON: https://secwatch.observer/filing/0001437749-23-032487.json
- Plain text: https://secwatch.observer/filing/0001437749-23-032487.txt

## Key facts
- Executive change
  Mark H. Lee departed as Executive Vice President and Chief Credit Officer at CATHAY GENERAL BANCORP.
  - Action: retire
  - Role: Executive Vice President and Chief Credit Officer
  source text: On November 16, 2023, Mark H. Lee notified the Board of Directors of Cathay General Bancorp and Cathay Bank that he will retire as Executive Vice President and Chief Credit Officer of Cathay Bank, to be effective after December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/861842/000143774923032487/0001437749-23-032487-index.htm
- Executive change
  Albert Sun was elected as Chief Credit Officer at CATHAY GENERAL BANCORP.
  - Action: elected
  - Role: Chief Credit Officer
  source text: On the same day, the Board of Directors of Cathay Bank elected Albert Sun as the Chief Credit Officer and a designated executive officer of Cathay Bank, to serve beginning January 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/861842/000143774923032487/0001437749-23-032487-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.