Alan Thian has been a prominent figure in banking since 2008, overseeing Royal Business Bank as its CEO. His leadership journey began at General Bank and included roles at notable institutions like American International Bank and United Commercial Bank. Thian's...

Alan Thian has been a prominent figure in banking since 2008, overseeing Royal Business Bank as its CEO. His leadership journey began at General Bank and included roles at notable institutions like American International Bank and United Commercial Bank. Thian's deep understanding of community banking helped Royal Business Bank grow rapidly in the Chinese-American market. You might find it interesting that during his time, he served on the FDIC’s Community Bank Advisory Committee, which shows his commitment to the banking industry. However, Thian's tenure ended in April 2022, marking a significant transition for the company. His compensation varied significantly over the years, with his highest earning reaching over $4 million in 2021, showing that his performance aligned with the bank's financial health.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other RBB Bancorp CEOs

R

Alan Thian

Ex-CEO of RBB Bancorp

Sector of Economy

Financial Services

CEO of RBB Bancorp for

3 years 9 months (Apr 2018 - Feb 2022)

Previous Experience

Unknown

Rivals

Competitors/colleagues of Alan Thian

C

Chang M. Liu

CEO of Cathay General Bancorp

2023 Compensation

Stock

$5.13M

Salary

$920.00K

Bonus

$784.60K

Other

$16.50K

Total Holdings

$137.68K

F

Christopher T. Holmes

CEO of FB Financial

2022 Compensation

Stock

$1.25M

Salary

$725.00K

Bonus

$0.00

Other

$65.07K

Total Holdings

$21.09M

H

Kevin S. Kim

CEO of Hope Bancorp

2023 Compensation

Stock

$700.98K

Salary

$1.05M

Bonus

$1.05K

Other

$60.71K

Total Holdings

$10.60M

F

Mark K. Hardwick

CEO of First Merchants Corporation

2023 Compensation

Stock

$611.04K

Salary

$728.00K

Bonus

$369.81K

Other

$78.87K

Total Holdings

$128.69K

Holdings

See how much did Alan Thian make over time.

As of his departure, Alan Thian held about 1.17 million shares of RBB Bancorp stock, which made up a significant part of his wealth. His stock value fluctuated quite a bit; it hit a peak of around $2.71 million in...

As of his departure, Alan Thian held about 1.17 million shares of RBB Bancorp stock, which made up a significant part of his wealth. His stock value fluctuated quite a bit; it hit a peak of around $2.71 million in January 2022 before he left his position, dipping a bit by his exit but still illustrating a solid holding. Early in 2019, his holdings were worth about $1.5 million, showing a strong increase over a few years. His family, collectively owning about 10% of the company, indicates a vested interest not just in the bank, but in its success and community impact.

Insider Trading

See recent insider trades of Alan Thian.

RBB

$27.82K

RBB at $13.91/share

Mar 10, 2020

Purchase

Compensation History

See how much did Alan Thian make over time.

Throughout his career at RBB Bancorp, Alan Thian's compensation saw significant variation. In 2022, his total compensation was around $1.63 million, including a hefty salary of $1.08 million but no additional bonuses as he wasn’t actively leading the company then. His highest year was 2021 when he earned approximately $4.29 million, which included a large cash bonus reflecting that year’s performance. Interestingly, in 2020, his compensation was down to about $2.78 million, showing the ups and downs of the banking business during that time. Thian's pay structure was designed to align with performance, emphasizing results over steady bonuses.

Year

2022

Total Compensation

$1.63M

Salary

$1.08M

Board Justification

The compensation philosophy is to align executive compensation with performance and shareholder interests, focusing on attracting and retaining talent while ensuring competitive compensation packages.

Bonus

$0.00

Board Justification

Alan Thian did not receive a bonus for the year 2022 as he was not subject to the annual incentive targets.

Other

$553.23K

Board Justification

Other compensation includes a separation payment of $540,000 and other benefits such as COBRA coverage for health plans for 12 months and reimbursement for employment-related expenses.

Restricted Stock

$0.00(0 RSUs)

Board Justification

No stock vested in 2022 as all unvested equity was forfeited upon separation on April 8, 2022.

Performance Metrics

Alan Thian was not subject to performance metrics for 2022 as he was not an active executive during that year.

Other RBB Bancorp CEOs

Here are other CEOs of RBB Bancorp

David Morris

Ex-CEO of RBB Bancorp

February 2022 - June 2023