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...

Current Market Cap

$1.62B

Number of Employees

1.23K

Total Compensation

2018 - 2023

Trending up by 65.47% last year
Showing total compensation for the last 2018 - 2023

Stock

Up by 0.00% last year

Salary

Up by 1.25% last year

Bonus

Up by 0.00% last year

Other

Up by 5.77% last year

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