Throughout his time at Cathay General Bancorp, Pin Tai demonstrated a keen sense for managing assets. When he became CEO in October 2016, he held a substantial number of RSUs, specifically linked to performance metrics of the company, like net...
Throughout his time at Cathay General Bancorp, Pin Tai demonstrated a keen sense for managing assets. When he became CEO in October 2016, he held a substantial number of RSUs, specifically linked to performance metrics of the company, like net income and EPS. His wealth in holdings peaked in 2019 when the value of his vested stock reached around $1.5 million, a testament to his performance-driven success. However, by 2020, as the impact of COVID-19 hit various sectors, there was a notable adjustment in values. His stock awards were designed to align with shareholder interests, showing a strong connection between his compensation and the bank's financial performance. Despite fluctuations due to market conditions, Tai's holdings reflected a commitment to long-term growth and stability, essential for steering a financial institution through both good and challenging times.