secwatch.observer — SEC 8-K summary
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Issuer:     CATHAY GENERAL BANCORP (CATY)
CIK:        0000861842
Form:       8-K
Filed at:   2026-01-23T23:59:59+00:00
Accession:  0001437749-26-001931
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cathay General Bancorp CFO Heng W. Chen to retire March 1, 2026; Albert J. Wang named successor
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- Heng W. Chen retires as CFO and Treasurer effective March 1, 2026, after 23 years at Cathay.
- Albert J. Wang, current Deputy CFO, promoted to CFO and Treasurer; base salary $500,000.
- Chen will serve as Special Advisor to President through Dec 2026 at $15,000/month.
- Wang previously EVP & CAO at Webster Bank (2017-2025) and interim CFO at Banc of California.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/861842/000143774926001931/0001437749-26-001931-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/861842/000143774926001931/caty20260123_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-001931

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer