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Provider: Wright Reports
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Provider: Reuters Investment Profile
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BBCN Bancorp Inc President And CEO Alvin Kang To Step Down
BBCN Bancorp Inc announced that Alvin D. Kang, will step down from his positions as President and Chief Executive Officer and as a Director of the Company and its wholly owned subsidiary, BBCN Bank (the "Bank"), effective as of the close of business on January 31, 2013. The Company's Board of Directors will retain an executive search firm to initiate a formal search for a new chief executive. Until a successor is appointed, the Board of Directors has established an Executive Council to carry out the responsibilities of the chief executive.
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