OP Bancorp appoints Sang K. Oh as President and CEO effective July 1, 2025

OP Bancorp

Mr. Oh succeeds as CEO of OP Bancorp and Open Bank, having served as EVP and Chief Credit Officer since October 2020.
Base salary set at $400,000 per year; eligible for discretionary incentive bonus and equity awards.
Five weeks paid time off, $200 monthly electronics allowance, and standard employee benefits provided.
Employment agreement runs through June 30, 2030, with automatic one-year renewals unless 45-day notice given.
Severance benefits available for termination without cause or for good reason within Change in Control period.

item 5.02item 9.01

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Appointed

Sang K. Oh

President and Chief Executive Officer

OPBK · OP Bancorp

Effective: 2025-07-01
Filed: May 29, 2025 23:59 UTC

On May 29, 2025, OP Bancorp (the “Company”), the holding company for Open Bank (the “Bank”), announced the appointment of Sang K. Oh as President and Chief Executive Officer of the Company and the Bank, effective as of July 1, 2025.

Source: SEC EDGAR

accession 0001628280-25-028342

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