Heng W. Chen

2021

In 2021, Heng W. Chen earned a total compensation of $1.5M as Executive Vice President and Chief Financial Officer of Bancorp and Cathay Bank at Cathay General Bancorp, a 20% increase compared to previous year.

Compensation breakdown

Non-Equity Incentive Plan$458,400
Salary$515,614
Stock Awards$549,923
Other$14,500
Total$1,538,437

Chen received $549.9K in stock awards, accounting for 36% of the total pay in 2021.

Chen also received $458.4K in non-equity incentive plan, $515.6K in salary and $14.5K in other compensation.

Rankings

In 2021, Heng W. Chen's compensation ranked 7,153rd out of 12,415 executives tracked by ExecPay. In other words, Chen earned more than 42.4% of executives.

ClassificationRankingPercentile
All
7,153
out of 12,415
42nd
Division
Finance, Insurance, And Real Estate
1,107
out of 2,276
51st
Major group
Depository Institutions
253
out of 1,000
75th
Industry group
Commercial Banks
219
out of 800
73rd
Industry
State Commercial Banks
112
out of 512
78th

Pay ratio

Heng W. Chen's Pay$1,538,437
Median Employee's Pay$70,522
Pay Ratio

22

to 1

In 2021, the annual total compensation of Heng W. Chen was $1,538,437.

The annual total compensation of the median employee at Cathay General Bancorp was $70,522.

The ratio of Heng W. Chen's pay to the pay of median employee was therefore 22 to one.

Source: SEC filing on April 7, 2022.

Chen's colleagues

We found four more compensation records of executives who worked with Heng W. Chen at Cathay General Bancorp in 2021.

2021

Dunson Cheng

Cathay General Bancorp

Chairman

2021

Chang Liu

Cathay General Bancorp

Chief Executive Officer

2021

Kim Bingham

Cathay General Bancorp

Executive Vice President and Chief Risk Officer of Cathay Bank

2021

Mark Lee

Cathay General Bancorp

Executive Vice President and Chief Credit Officer of Cathay Bank

News

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