In 2023, Dominic Ng earned $8.36M in total compensation at East-West Bancorp, including $1.28M salary, $2.22M bonus and $4.75M in stock. Most recently acquired 116,164 shares in Mar 2024. Currently holds stock worth $97.00M. Has donated $10.41M in stock to charitable causes. Has led East-West Bancorp for over 29 years.
Compensation History
Annual executive compensation data for Dominic Ng, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$8.36M
Salary
$1.28M
Bonus
$2.22M
Other
$119.74K
Salary
$1.28MBoard Justification
The compensation program is designed to attract and retain talented managers while rewarding them for delivering on key financial and strategic goals, with a substantial majority of compensation at risk and linked to performance metrics.
Bonus
$2.22MBoard Justification
The bonus is based on the achievement of corporate performance goals, with a payout of 120% for the corporate component, which consisted of a 111% payout for financial metrics and a 141% payout for strategic metrics.
Other Compensation
$119.74KBoard Justification
Includes financial planning services, vacation cash-out, 401(k) contributions, and auto usage.
Restricted Stock
Board Justification
The target number of performance-based restricted stock units (PSUs) granted in 2023, which are subject to performance metrics over a three-year period, with actual vesting dependent on performance outcomes.
Performance Metrics
Performance metrics include return on assets (ROA), return on equity (ROE), and total shareholder return (TSR), with specific targets set for financial and strategic goals.
Dominic Ng
CEO of East-West Bancorp
Education
Bachelor's degree from the University of California, Berkeley
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
Born
January 1, 1963 - 62 years ago
CEO of East-West Bancorp for
29 years 11 months (Jan 1996 - Present)
Previous Experience
Chairman of the Board and Chief Executive Officer of East West Bancorp, Inc.
Other East-West Bancorp CEOs
Holdings
Track Dominic Ng's stock holdings and portfolio value over time.
Total Stock Sold
$27.57M
$27.57M
617,134 EWBC shares
What if they kept their stock?
If Dominic Ng didn't sell their stock, today they would have:
Extra EWBC617,134 shares worth $67.25M.
This is 143.88% and $39.67M more than what they got when they sold the stock.
Charitable Transactions
95,552 shares
EWBC
Recent Charitable Transactions
14,917 shares
EWBC
Apr 27, 2018
Charity
27,635 shares
EWBC
Jun 2, 2017
Charity
$697.90K
EWBC at $13.17/share
Jun 8, 2011
Charity
Insider Trading
Dominic Ng's recent stock transactions, purchases, and sales filed with the SEC.
116,164 shares
EWBC
Mar 4, 2024
Received
$250.44K
EWBC at $43.94/share
May 5, 2023
Purchase
$500.94K
EWBC at $42.10/share
May 4, 2023
Purchase
205,256 shares
EWBC
Mar 4, 2023
Received
169,898 shares
EWBC
Mar 6, 2022
Received
110,826 shares
EWBC
Mar 8, 2021
Received
$2.02K
EWBC at $49.23/share
Jan 24, 2020
Received
$1.01M
EWBC at $39.11/share
Aug 27, 2019
Purchase
$2.02K
EWBC at $51.84/share
Feb 4, 2019
Received
$402.48K
EWBC at $69.75/share
Jun 22, 2018
Sale
Rivals
Compare Dominic Ng with competitor CEOs and industry peers.
Timothy S. Crane
CEO of Wintrust Financial
2023 Compensation
Stock
$276.30K
Salary
$1.00M
Bonus
$1.14M
Other
$33.85K
Total Holdings
$10.29M
Harris H. Simmons
CEO of Zions Bancorporation
2023 Compensation
Stock
$1.56M
Salary
$1.06M
Bonus
$1.15M
Other
$67.14K
Total Holdings
$1.15M
John F. Woods
CEO of Citizens Financial Group
2023 Compensation
Stock
$150.00K
Salary
$950.00K
Bonus
$300.00K
Other
$100.00K
Total Holdings
$11.21M
Vincent J. Delie, Jr.
CEO of F.N.B. Corporation
2023 Compensation
Stock
$11.00M
Salary
$1.19M
Bonus
$0.00
Other
$649.18K
Total Holdings
$24.28M
Zachary J. Wasserman
CEO of Huntington Bancshares
2022 Compensation
Stock
$0.00
Salary
$1.10M
Bonus
$0.00
Other
$474.99K
Total Holdings
$229.24K