In 2023, Chang M. Liu earned $6.85M in total compensation at Cathay General Bancorp, including $920.00K salary, $784.60K bonus and $5.13M in stock. Most recently acquired 0 shares in Dec 2013. Currently holds stock worth $5.61M. 5+ years at the helm of Cathay General Bancorp.
Compensation History
Annual executive compensation data for Chang M. Liu, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$6.85M
Salary
$920.00K
Bonus
$784.60K
Other
$16.50K
Salary
$920.00KBoard Justification
The compensation philosophy aims to attract, motivate, and retain capable executive management while aligning their interests with those of stockholders through performance-based incentives.
Bonus
$784.60KBoard Justification
The bonus structure for 2023 was based on financial targets (EPS and ROA) and individual/departmental goals, with a target bonus percentage set at 100% of base salary.
Other Compensation
$16.50KBoard Justification
Other compensation includes employer contributions to the 401(k) Profit Sharing Plan and other benefits.
Restricted Stock
Board Justification
The stock awards that vested in 2023 were performance-based RSUs, with the number of shares based on the achievement of performance metrics.
Performance Metrics
The performance metrics for 2023 included earnings per share (EPS), return on assets (ROA), and individual performance goals.
Chang M. Liu
CEO of Cathay General Bancorp
Education
Not specified
Field of Expertise
Finance & Banking - Banking
Sector of Economy
Financial Services
Born
January 1, 1967 - 58 years ago
CEO of Cathay General Bancorp for
5 years 2 months (Oct 2020 - Present)
Previous Experience
Senior Vice President and Assistant Chief Lending Officer at Cathay Bank, Deputy Chief Lending Officer, Executive Vice President and Chief Lending Officer, Chief Operating Officer.
Other Cathay General Bancorp CEOs
Holdings
Track Chang M. Liu's stock holdings and portfolio value over time.
Insider Trading
Chang M. Liu's recent stock transactions, purchases, and sales filed with the SEC.
$2.90
BANC at $12.54/share
Dec 31, 2013
Received
$16.97K
BANC at $11.84/share
Nov 29, 2012
Received
$100.48K
BANC at $12.56/share
Sep 26, 2012
Received
4,512 shares
BANC
Dec 29, 2011
Received
Rivals
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Stock
$609.36K
Salary
$1.00M
Bonus
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Other
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2023 Compensation
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$11.00M
Salary
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2023 Compensation
Stock
$700.98K
Salary
$1.05M
Bonus
$1.05K
Other
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Total Holdings
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Joseph S. Exnicios
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2023 Compensation
Stock
$265.86K
Salary
$553.84K
Bonus
$383.43K
Other
$67.08K
Total Holdings
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John W. Allison
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2022 Compensation
Stock
$3.66M
Salary
$650.60K
Bonus
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Other
$687.75K
Total Holdings
$819.29K