In 2023, Kevin S. Kim earned $1.81M in total compensation at Hope Bancorp, including $1.05M salary, $1.05K bonus and $700.98K in stock. Most recently acquired 65,011 shares in Jul 2024. Currently holds stock worth $10.69M. Has led Hope Bancorp for over 12 years.
Compensation History
Annual executive compensation data for Kevin S. Kim, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$1.81M
Salary
$1.05M
Bonus
$1.05K
Other
$60.71K
Salary
$1.05MBoard Justification
The executive compensation program is designed to align the interests of NEOs with those of stockholders, providing competitive base salaries, annual cash incentives tied to financial results, and long-term equity incentives to promote sustainable stockholder value.
Bonus
$1.05KBoard Justification
Eligible for annual bonus opportunity, with an initial target amount equal to 100% of Mr. Kim’s annual base salary in effect at the applicable time. Actual cash bonus payments will be determined in good faith by the Compensation Committee and are subject to achievement of certain annual performance criteria.
Other Compensation
$60.71KBoard Justification
Includes 401(k) match and perquisites such as membership fees at a social club and a country club, auto-related expense reimbursements, and executive medical program reimbursement.
Restricted Stock
Board Justification
Time-based restricted stock units granted under the 2023 LTIP that vested in 2023, with a grant date fair value of $700,975.
Performance Metrics
Annual performance-based incentive compensation program is designed to align the interests of NEOs with those of stockholders and provides for cash and equity compensation opportunities driven by criteria primarily tied to the Bank’s performance.
Kevin S. Kim
CEO of Hope Bancorp
Education
B.A. in English and International Trade from Hankuk University of Foreign Studies, M.B.A. from Anderson School of Management, University of California, Los Angeles, J.D. from Loyola Law School, Los Angeles.
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
CEO of Hope Bancorp for
12 years 9 months (Mar 2013 - Present)
Previous Experience
Practiced law for 18 years, focusing on corporate and business transactions, business acquisitions, tax planning, and real estate transactions. Worked as a certified public accountant for approximately 10 years at two of the largest public accounting firms.
Holdings
Track Kevin S. Kim's stock holdings and portfolio value over time.
Insider Trading
Kevin S. Kim's recent stock transactions, purchases, and sales filed with the SEC.
$824.99K
HOPE at $12.69/share
Jul 19, 2024
Received
$1.00K
HOPE at $12.08/share
Dec 29, 2023
Received
$700.98K
HOPE at $10.29/share
Mar 22, 2023
Received
48,852 shares
HOPE
Mar 23, 2022
Received
8,333 shares
HOPE
Sep 1, 2016
Received
Rivals
Compare Kevin S. Kim with competitor CEOs and industry peers.
Chang M. Liu
CEO of Cathay General Bancorp
2023 Compensation
Stock
$5.13M
Salary
$920.00K
Bonus
$784.60K
Other
$16.50K
Total Holdings
$17.71M
George A. Makris, Jr.
CEO of Simmons First National
2022 Compensation
Stock
$2.30M
Salary
$887.62K
Bonus
$40.21K
Other
$146.36K
Total Holdings
$13.32M
Christopher J. McComish
CEO of S&T Bancorp
2023 Compensation
Stock
$150.00K
Salary
$350.00K
Bonus
$70.00K
Other
$20.00K
Total Holdings
$200.99K
Patrick S. Barrett
CEO of OceanFirst Financial
2023 Compensation
Stock
$0.00
Salary
$450.00K
Bonus
$285.12K
Other
$65.33K
Total Holdings
$29.82K
H. Palmer Proctor, Jr.
CEO of Ameris Bancorp
2023 Compensation
Stock
$1.90M
Salary
$925.00K
Bonus
$1.44M
Other
$98.20K
Total Holdings
$1.46M