Sundar PichaiSundar Pichai earned $164M in 2023
H

Bonita L. Lee

CEO of Hanmi Financial

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Born

January 1, 1971 - 54 years ago

Economy Sector

Financial Services

Current Tenure

5 years 0 months (Feb 2020 - Present)

Previous Experience

Not specified

Bonita L. Lee has been leading Hanmi Financial Corp since February 2020. Under her leadership, the company has shown strong performance metrics. In 2023, her total compensation reached over $2 million, which reflects her significant contributions to the company. She...

Year

2023

Total Compensation

$2.07M

Salary

$762.50K

Board Justification

The compensation philosophy emphasizes performance-based pay that aligns with company performance and market practices, aiming to attract and retain top talent.

Bonus

$515.74K

Board Justification

The annual cash bonus is based on performance metrics including return on average assets, non-performing assets to total assets ratio, and efficiency ratio, with a target bonus of 75% of salary.

Other

$80.52K

Board Justification

Other compensation includes 401(k) contributions and perquisites such as automobile allowance and club memberships.

Restricted Stock

$715.01K(35.91K RSU)

Board Justification

The performance-based restricted stock units granted in 2020 vested based on the Company's total shareholder return performance relative to the KBW Index, resulting in a payout of 150% of target due to achieving the 98th percentile.

Performance Metrics

The performance metrics for determining the CEO's compensation include return on average assets, non-performing assets to total assets ratio, and efficiency ratio.