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Hanmi Financial Corp (HAFC.OQ)

HAFC.OQ on NASDAQ Stock Exchange Global Select Market

25.75USD
17 Aug 2018
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Summary

Name Age Since Current Position

Joseph Rho

77 2008 Independent Chairman of the Board

Chong Kum

63 2013 President, Chief Executive Officer, Director of the Company and Hanmi Bank

John Ahn

53 2017 Vice Chairman of the Board

Romolo Santarosa

61 2015 Chief Financial Officer, Senior Executive Vice President

Bonita Lee

55 2013 Chief Operating Officer, Senior Executive Vice President of the Company and Hanmi Bank

Matthew Fuhr

55 2017 Executive Vice President, Chief Credit Administrative Officer

Greg Kim

57 2013 Executive Vice President, Chief Administrative Officer

Jean Lim

55 2013 Executive Vice President, Chief Risk Officer

Min Park

55 2018 Executive Vice President, Chief Credit Risk Officer

Richard Pimentel

2017 Corporate Finance Officer,IR Contact Officer

Scott Diehl

56 2018 Director

Kiho Choi

62 2018 Independent Director

Christie Chu

53 2015 Independent Director

Harry Chung

48 2016 Independent Director

David Rosenblum

65 2014 Independent Director

Thomas Williams

55 2016 Independent Director

Michael Yang

56 2016 Independent Director

Biographies

Name Description

Joseph Rho

Mr. Joseph K. Rho is Independent Chairman of the Board of Hanmi Financial Corporation. Mr. Rho is retired and the current and former Chairman of the Boards of Hanmi and Hanmi Bank (2007 to present; 1999 to 2002). Prior to his current role, he served as a Principal at J & S Investment (2002 to 2010), Partner at Korea Plaza LP (1987 to 2002), and was the President and Owner of Joseph K. Rho Insurance Agency. Mr. Rho has also been active in the community, having served as a board member of the Finance Counsel of the Los Angeles Archdiocese and as a trustee of John of God Hospital. In nominating Mr. Rho to serve as a Director and appointing him as Chairman of Hanmi and Hanmi Bank, our Board considered, in particular, the importance of the Chairman’s role in ensuring the effective role and operation of our Board. Our Board believes that Mr. Rho is an effective coordinator of multiple Hanmi Bank constituencies, including its stockholders, customers, officers, employees and regulators. In addition, our Board considered the critical role Mr. Rho played in assisting Hanmi in raising capital in 2009, 2010 and 2011. Lastly, in appointing Mr. Rho as Chairman, our Board considered that Mr. Rho is one of the largest individual stockholders, and as such, can speak to building long-term stockholder value and provide valuable insight into the concerns of stockholders and investors.

Chong Kum

Mr. Chong Guk Kum serves as since resident, Chief Executive Officer, Director of the Company and Hanmi Bank June 2013 . Mr. Kum is the President and Chief Executive Officer of Hanmi and Hanmi Bank (June 2013 to present). Prior to his current role, he served as the President and Chief Executive Officer of First California Financial Group and its subsidiary First California Bank (September 1999 to May 2013), on the boards of First California Financial Group and First California Bank and as President of the board of directors of Community Bankers of California. He currently is a member of the board of directors of the California Bankers Association and has served on numerous boards of nonprofit organizations, including the United Way and Boys Scouts of America of Ventura County. Mr. Kum earned his undergraduate degree from the University of California, Berkeley and his M.B.A. degree from Pepperdine University.

John Ahn

Mr. John J. Ahn is an Vice Chairman of the Board of Hanmi financial corporation. Mr. Ahn brings more than 30 years of experience in capital markets and financial advisory services to Hanmi. He is currently the President of Great American Capital Partners, LLC (GACP), an SEC-Registered Investment Advisor that originates and underwrites senior secured loans across a wide array of industries. GACP is a wholly owned subsidiary of B. Riley Financial, Inc., a publicly traded, diversified financial services company. Prior to his role at GACP, Mr. Ahn served as President of another B. Riley Financial Inc. subsidiary, B. Riley & Co., a full-service investment banking firm that provides corporate finance, research, sales and trading services, and asset management to corporate and institutional clients. Prior to joining B. Riley, Mr. Ahn held numerous leadership positions in the investment banking and sales and trading sectors. He currently serves on the Board of Directors of Keppel-KBS US REIT, an office REIT with properties located in key growth markets in the US and traded on the Singapore Exchange (SGX: CMOU). Mr. Ahn earned his B.A. degree in economics from Williams College. Our Board believes that Mr. Ahn should serve as a Director because of his extensive experience and background in investment banking, finance, strategic planning and his strong understanding of institutional investors.

Romolo Santarosa

Mr. Romolo “Ron” C. Santarosa is Chief Financial Officer, Senior Executive Vice President of the Company. Mr. Santarosa has served as Senior Executive Vice President and Chief Financial Officer of Hanmi and Hanmi Bank since November 2015 and brings more than 27 years of experience in banking and financial services. Over his career, he has been responsible for leading and directing growth strategies, cost reduction and process improvement initiatives, technology implementations and capital management. Most recently, since June 2013, he was Executive Vice President and Chief Operating Officer at Opus Bank, where he was responsible for operational and support functions. Prior to this, Mr. Santarosa served as the Senior Executive Vice President, Chief Financial Officer and Chief Operating Officer at First California Financial Group, Inc. and its bank subsidiary, First California Bank (November 2002 to May 2013). Before 2002, Mr. Santarosa served in leadership positions with several financial institutions and was an Audit Senior Manager with Price Waterhouse. Mr. Santarosa earned his B.S. degree in accounting and a minor in mathematics from Ithaca College.

Bonita Lee

Ms. Bonita I. Lee is President, Chief Operating Officer of Hanmi Financial Corporation and Hanmi Bank, a subsidiary of Hanmi Financial Corp., effective May 2019. Ms. Lee has served as Senior Executive Vice President and Chief Operating Officer of Hanmi and Hanmi Bank since August 2013. She was most recently the Senior Executive Vice President and Chief Operating Officer of BBCN Bank and BBCN Bancorp, Inc., where she was named Acting President and Chief Operating Officer from February 2013 to April 2013 and led an Executive Council carrying out the duties of the Chief Executive Officer during a management transition period at BBCN Bank. Prior to this, Ms. Lee served as director and Regional President of the Western Region for Shinhan Bank America from September 2008 to March 2009. Prior to joining Shinhan Bank America, she served as Executive Vice President and Chief Credit Officer at Nara Bank from April 2005 to September 2008, and as a Member of the Office of the President from March 2006 to September 2008. Ms. Lee also served Nara Bank as Senior Vice President and Chief Credit Officer from November 2003 to April 2005, Senior Vice President and Credit Administrator from February 2000 to October 2003 and Vice President and Credit Administrator from 1993 to 2000. Prior to joining Nara Bank, Ms. Lee held various lending positions with the former California Center Bank in Los Angeles from 1989 to 1993.

Matthew Fuhr

Mr. Matthew D. Fuhr is Executive Vice President and Chief Credit Administrative Officer of the company. Mr. Fuhr has served as Executive Vice President and Chief Credit Administrative Officer of Hanmi Bank since March 2017. He previously served as Senior Vice President and Deputy Chief Credit Officer from June 2015 until his promotion. Prior to his tenure with Hanmi Bank, he was the Senior Vice President and Credit Administrator at Pacific Western Bank (2002-2010; 2013-2015); Senior Vice President and Deputy Chief Credit Officer at First California Bank (2010-2013); and Chief Financial Officer and Chief Operating Officer at CWC Sports, Inc. (2000-2002). Mr. Fuhr served as a Commissioned Bank Examiner with the Federal Deposit Insurance Corporation in the beginning of his banking career. Mr. Fuhr earned his B.S. degree in business administration with emphasis in finance from University of Northern Colorado.

Greg Kim

Mr. Greg D. Kim is Executive Vice President, Chief Administrative Officer of the Company. Mr. Kim has served as Executive Vice President and Chief Administrative Officer of Hanmi Bank since August 2013. He previously served as Senior Vice President and Chief Administrative Officer since May 2005 until his promotion. From December 2000 to May 2005, Mr. Kim was Senior Vice President and Chief Operations Administrator for Wilshire State Bank, where he managed bank-wide operations for thirteen branches and was responsible for the bank’s successful core data processing conversion. Mr. Kim has over 30 years of experience in bank operations, having started his career as an operations supervisor in 1985 at Far West Savings and Loan Association.

Jean Lim

Ms. Jean Lim is Executive Vice President, Chief Risk Officer of the Company, Ms. Lim has served as Executive Vice President and Chief Risk Officer of Hanmi Bank since August 2013. She previously served as Senior Vice President and Chief Risk Officer of Hanmi Bank from August 2008 until her promotion. Prior to her role as Chief Risk Officer, she served as the Chief Compliance Officer of Hanmi Bank since August 2006 with oversight responsibility for compliance, BSA, as well as operations administration and human resources. From February 2002 to July 2006, Ms. Lim served as Senior Vice President and Chief Compliance Officer of Wilshire State Bank, where she built the BSA and Compliance Departments. Ms. Lim began her banking career at Hanmi Bank in 1984 after receiving her bachelor’s degree from Stanford University.

Min Park

Mr. Min S. Park is Executive Vice President, Chief Credit Officer of the Hanmi financial corporation. Mr. Park served as Executive Vice President and Chief Credit Officer of Hanmi and Hanmi Bank since April 2015. In March 2017, Mr. Park’s title was changed to Chief Credit Risk Officer as a result of an organizational change to the credit administration division. He previously served as Executive Vice President and Deputy Chief Credit Officer of Hanmi Bank since August 2014 until his promotion. Prior to his tenure with Hanmi Bank, he was Senior Vice President and Manager of Commercial Business Credit at East West Bank for four years. Mr. Park has over 30 years of banking experience. In the area of credit administration, Mr. Park served as a Senior Credit Administrator at Nara Bank from 2001 to October 2006 and at Hanmi Bank from July 2007 to December 2009. Mr. Park also held a Senior Corporate Banking Officer position at Sanwa Bank from 1997 to 2001.

Richard Pimentel

Scott Diehl

Mr. Scott R. Diehl is Director of the company. he served as director since 2018. Mr. Diehl brings over 30 years of experience from the banking and financial industry, having spent his entire career at Wells Fargo Capital Finance and its predecessor corporation, Foothill Capital Corporation. Prior to his retirement in July 2017, Mr. Diehl was a Group Head overseeing the Factoring, Receivable Securitization and Supply Chain Finance lending units. Prior to this role, his Industries Group oversaw the Lender Finance, Technology Finance, Healthcare Finance and Supply Chain Finance business units. Mr. Diehl also served in various other leadership positions related to asset based lending and commercial finance for Wells Fargo Finance and Foothill Capital Corporation. Mr. Diehl earned his B.A. degree in history from Brown University.

Kiho Choi

Mr. Kiho Choi is Independent Director of the company.He served as director since 2018. Mr. Choi currently serves as the Managing Partner and is a Founding Partner of CKP, LLP, the largest Korean-American full-service accounting firm in the United States, providing services to private companies and U.S. subsidiaries of Korean companies. Mr. Choi has more than 30 years of assurance and business advisory experience and specializes in serving middle-market companies in banking, health care, manufacturing, and wholesale distribution. He also served as a past President of the Korean American CPA Society of Southern California, and as an Advisory Member to the Korea Trade Investment Promotion Agency of Los Angeles. He is a member of the American Institute of Certified Public Accountants and a member of the California CPA Society. Mr. Choi is currently an independent director of the Board of Directors of Netlist, Inc. (Nasdaq: NLST), a publicly-traded information technology company, and was formerly a member of the Board of Directors of BBCN Bancorp, Inc. and BBCN Bank (now known as Hope Bancorp, Inc. and Bank of Hope, respectively). Mr. Choi earned his B.S. and M.S. in Accounting from the University of Illinois, Chicago.

Christie Chu

Ms. Christie K. Chu, CPA is an Independent Director of the Company. She served as director since 2015. Ms. Chu currently serves as the President and Chief Executive Officer of CKC Accountancy Corporation, a tax, management and financial consulting firm. Ms. Chu brings 30 years of experience as a Certified Public Accountant, having served as a Supervising Audit Senior at KPMG, a Tax Senior Advisor at Ernst & Young, LLP, and a Staff Tax Accountant at Arthur Anderson & Co. She also served as a past President of the Korean American CPA Society of Southern California, where she has been a board member since 2004. She was previously the Treasurer of the national Korean American Society of CPAs. Ms. Chu earned her B.A. degree in business and economics from the University of California, Los Angeles

Harry Chung

Mr. Harry H. Chung, CPA., is Independent Director of the Company. He served as director since 2016. Mr. Chung brings over 25 years of experience in capital markets and financial services. He currently serves as the Chief Operating Officer and Chief Financial Officer of Great American Capital Partners, LLC, a specialty finance company (June 2017 to present). He was previously Chief Financial Officer of Breakwater Investment Management, a private investment firm based in Los Angeles, California specializing in direct debt and equity investments in leading lower middle market growth companies. Prior to this role, Mr. Chung served as the Chief Financial Officer of Imperial Capital, a full-service investment bank offering comprehensive services to institutional investors and middle market companies. He also has held numerous leadership positions at Jefferies and Company, Inc., a global investment bank. Mr. Chung earned his B.S. degree in accounting from the University of Illinois in Champaign-Urbana.

David Rosenblum

Mr. David L. Rosenblum has been appointed as Independent Director of Hanmi Financial Corp, he served as director effective April 1, 2014. Mr. Rosenblum is retired and a former Senior Principal at Deloitte Consulting LLP (1979 to 2013), where he was the National Managing Director of Consulting Corporate Development and a key leader of the Strategy & Operations practice. Mr. Rosenblum currently serves as Chairman of the Southern California Chapter of National Association of Corporate Directors (“NACD”) and is an advisor to a Los Angeles based private equity firm. He previously served as the Chairman of the Echo Foundation from 2004 to 2009. Prior to his current roles, he served on the board of Deloitte Consulting LLP, was the Vice Chair of the Library Foundation of Los Angeles board, and was a member of the Wesleyan University board of trustees. Mr. Rosenblum earned his B.A. degree in economics from Wesleyan University and his M.B.A. degree in finance from the Wharton School at the University of Pennsylvania.

Thomas Williams

Mr. Thomas J. Williams is Independent Director of the Company. he serves as director since 2016. Mr. Williams brings over 30 years of experience in the bank regulatory and banking industry. Specifically, Mr. Williams brings extensive experience across a broad range of risk and lending activities. Prior to his retirement in May 2015, Mr. Williams served as Senior Vice President and Chief Risk Officer at BofI Federal Bank, overseeing all risk and control-related functions. Before that role, he served as Executive Director of Commercial Credit Review at Capital One and Director of Regulatory Relations at Silicon Valley Bank. Earlier in his career, Mr. Williams spent five years as Principal Examiner at the Federal Reserve Bank of San Francisco and ten years as a National Bank Examiner with the OCC. Mr. Williams earned his B.S. degree in economics from the University of South Dakota.

Michael Yang

Mr. Michael Yang is Independent Director of the Company., He serves as director effective February 2, 2016. Mr. Yang brings over 30 years of experience as a successful entrepreneur and corporate executive. He is currently the Founder and Chief Executive Officer of Michael Yang Capital Management, LLC, an investment management company that invests in public equities of disruptive technology companies. Prior to his current role, Mr. Yang was Co-Founder and Chief Executive Officer of three technology start-ups that were sold to larger enterprises at significant premiums, including mySimon.com Inc., which was acquired by CNET. Mr. Yang began his career at Xerox Corporation and Samsung Electronics Co., Ltd., where he held positions of increasing responsibility in engineering, marketing and corporate development. Mr. Yang earned his B.S. degree in electrical engineering from the University of California, Berkeley, his M.S. degree in computer science from Columbia University and his M.B.A. degree from the Haas School of Business, University of California, Berkeley.

Basic Compensation

Name Fiscal Year Total

Joseph Rho

163,552

Chong Kum

1,346,560

John Ahn

115,615

Romolo Santarosa

789,356

Bonita Lee

560,266

Matthew Fuhr

635,369

Greg Kim

--

Jean Lim

463,133

Min Park

538,415

Richard Pimentel

--

Scott Diehl

--

Kiho Choi

--

Christie Chu

117,315

Harry Chung

115,900

David Rosenblum

118,015

Thomas Williams

114,000

Michael Yang

115,600
As Of  30 Dec 2017