OP Bancorp appoints Yeong Gwon Pak as CCO effective Dec 30, 2024 as part of CEO succession plan

OP Bancorp

Yeong Gwon Pak appointed EVP and CCO of OP Bancorp and Open Bank, effective December 30, 2024.
Pak succeeds Sang Oh, who will become CEO in 2025 per previously announced succession plan.
Annual salary of $250,000; eligible for RSUs with cash value equal to 40% of salary, vesting over 5 years.
Pak has over 20 years of community banking experience; previously SVP and District Manager at Bank of Hope.
Pak also served as EVP and Chief Lending Officer at Commonwealth Business Bank (June 2020-June 2022).

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