secwatch.observer — SEC 8-K summary
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Issuer:     RBB Bancorp (RBB)
CIK:        0001499422
Form:       8-K
Filed at:   2024-12-19T23:59:59+00:00
Accession:  0001437749-24-037974
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RBB Bancorp announces CEO succession: Johnny Lee to become CEO in May 2025; David Morris to retire
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- Johnny Lee appointed President of Company and CEO of Bank effective Jan 1, 2025; CEO of Company effective May 22, 2025.
- David Morris retires as CEO of Company effective May 21, 2025; remains on boards of Company and Bank.
- Mina Rizkalla named EVP & Chief Risk Officer; Vincent Liu becomes EVP & Chief of Staff, both effective Jan 1, 2025.
- Lee's amended employment agreement increases salary to $600,000 and severance to 12 months (without cause) / 18 months (change of control).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1499422/000143774924037974/0001437749-24-037974-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1499422/000143774924037974/rbb20241218_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-037974

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