Hope Bancorp Extends CEO Kevin S. Kim Through 2031, Bars Auto-Renewal Beyond 2033
Updated
Updated · TradingView · Aug 24
Hope Bancorp Extends CEO Kevin S. Kim Through 2031, Bars Auto-Renewal Beyond 2033
1 articles · Updated · TradingView · Aug 24
Summary
August 24’s amendment keeps Kevin S. Kim in place as Hope Bancorp president and CEO, and as Bank of Hope CEO, with term protection through Aug. 31, 2031.
The revised contract also states the employment term will not automatically renew beyond Aug. 31, 2033, setting a clear outer limit on the extension.
Hope said the change amends Kim’s fourth amended and restated employment agreement dated April 22, 2022; the company did not disclose a reason for the extension.
The filing disclosed no replacement plans or related board and committee role changes, signaling continuity in leadership at the company and its bank unit.