Kevin S. Kim is the CEO of Hope Bancorp, Inc., a leading financial institution. He started in this role in December 2021, after previously serving as President since March 2013. His background in finance is solid, although details about his...

Number of Employees

1.23K

Year

2023

Total Compensation

$1.81M

Salary

$1.05M

Board Justification

The executive compensation program is designed to align the interests of NEOs with those of stockholders, providing competitive base salaries, annual cash incentives tied to financial results, and long-term equity incentives to promote sustainable stockholder value.

Bonus

$1.05K

Board Justification

Eligible for annual bonus opportunity, with an initial target amount equal to 100% of Mr. Kim’s annual base salary in effect at the applicable time. Actual cash bonus payments will be determined in good faith by the Compensation Committee and are subject to achievement of certain annual performance criteria.

Other

$60.71K

Board Justification

Includes 401(k) match and perquisites such as membership fees at a social club and a country club, auto-related expense reimbursements, and executive medical program reimbursement.

Restricted Stock

$700.98K(68.12K RSU)

Board Justification

Time-based restricted stock units granted under the 2023 LTIP that vested in 2023, with a grant date fair value of $700,975.

Performance Metrics

Annual performance-based incentive compensation program is designed to align the interests of NEOs with those of stockholders and provides for cash and equity compensation opportunities driven by criteria primarily tied to the Bank’s performance.

SEC Filing

From April 12, 2024

Kevin S. Kim

CEO of Hope Bancorp

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Education

B.A. in English and International Trade from Hankuk University of Foreign Studies, M.B.A. from Anderson School of Management, University of California, Los Angeles, J.D. from Loyola Law School, Los Angeles.

Field of Expertise

Finance & Banking - Finance

Born

Invalid Date - 0 years ago

Is Founder?

No

Current Tenure

11 years 10 months (Mar 2013 - Present)

Previous Experience

Practiced law for 18 years, focusing on corporate and business transactions, business acquisitions, tax planning, and real estate transactions. Worked as a certified public accountant for approximately 10 years at two of the largest public accounting firms.