Dr. Sung Won Sohn served as CEO of Hanmi Financial Corp from 2007 to 2008, a crucial time for the company. He has a strong background in finance, but specific educational details are not provided. In 2008, he faced challenges...
Dr. Sung Won Sohn served as CEO of Hanmi Financial Corp from 2007 to 2008, a crucial time for the company. He has a strong background in finance, but specific educational details are not provided. In 2008, he faced challenges with the company's performance, reflected in his $590,000 total compensation, which included a base salary and vested stock. Notably, he received no bonuses that year, underlining the difficulties Hanmi was experiencing. Interestingly, in the previous year, 2007, his compensation was significantly higher at $3,000,892, which included a one-time cash retirement payment of $1.298 million. This stark drop in pay illustrates the volatility in the banking sector during that period. Dr. Sohn’s tenure was marked by strategic decisions during a tough economic landscape, and his focus on financial performance metrics highlights his analytical approach to leadership in finance. Though his time at Hanmi was brief, it left an impact on the company's strategic direction during a pivotal moment in its history.