I'm LongbridgeAI, I can summarize articles.Hope Bancorp has extended the employment agreement of Kevin S. Kim as President, CEO of Hope Bancorp, and CEO of Bank of Hope. The extension confirms his continued service with term protections through August 31, 2031, and prevents automatic renewal beyond August 31, 2033. This amendment applies to the Fourth Amended and Restated Employment Agreement dated April 22, 2022, with the extension executed on August 24, 2026.
Hope Bancorp extended Kevin S. Kim’s employment, confirming he will continue as President and Chief Executive Officer of the company and Chief Executive Officer of the Bank with term protections through August 31, 2031 and not automatically renewed beyond August 31, 2033.
| Individual | Kevin S. Kim |
| Role | President and Chief Executive Officer of Hope Bancorp; Chief Executive Officer of Bank of Hope |
| Type of Change | Extension of Employment Agreement (continuation) |
| Effective Date | August 24, 2026 (extension executed); Initial Term ends August 31, 2031; Term not extended by automatic renewal beyond August 31, 2033 |
| Reason | Not disclosed |
| Replacement Info | Not disclosed |
| Background Details | Extension amends Fourth Amended and Restated Employment Agreement dated April 22, 2022; continues service as President and CEO of company and CEO of the Bank |
| Board/Committee Role Changes | Not disclosed |
Original SEC Filing: HOPE BANCORP INC [ HOPE ] - 8-K - Aug. 25, 2026