Sundar PichaiSundar Pichai earned $164M in 2023

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...

Quick Links
H

Kevin S. Kim

CEO of Hope Bancorp

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

Sector of Economy

Financial Services

CEO of Hope Bancorp for

12 years 1 month (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.

Holdings

See how much did Kevin S. Kim make over time.

Kevin S. Kim's investments in Hope Bancorp show his commitment to the company. His holdings fluctuated significantly, ranging from around $5.88 million to a peak of over $13.6 million in the last few years. In recent months, his wealth in...

Insider Trading

See recent insider trades of Kevin S. Kim.

HOPE

$824.99K

HOPE at $12.69/share

Jul 19, 2024

Received

HOPE

$1.00K

HOPE at $12.08/share

Dec 29, 2023

Received

HOPE

$700.98K

HOPE at $10.29/share

Mar 22, 2023

Received

HOPE

48,852 shares

HOPE

Mar 23, 2022

Received

HOPE

8,333 shares

HOPE

Sep 1, 2016

Received

Compensation History

See how much did Kevin S. Kim make over time.

Kevin S. Kim's compensation has seen some intriguing shifts since he became CEO of Hope Bancorp. In 2023, his total compensation hit about $3 million, which includes a base salary of $1,050,000 and additional bonuses, showing how performance-based incentives come into play. The previous year, he earned roughly $3.56 million, highlighting a trend of consistent performance incentives. His package includes stock units that vested, showing immediate rewards tied to the bank's success and his role in growth. Notably, throughout his time, he has also benefited from various perks—401(k) match and other benefits—indicating a comprehensive approach to executive compensation that aligns with shareholder interests. This structure is crucial for motivating long-term performance and creating value for both the bank and its shareholders.

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.