Cathay General Bancorp Chairman Dunson Cheng's 2020 pay slips 17% to $2.5M
Cathay General Bancorp reports 2020 executive compensation
By ExecPay News
Published: April 15, 2021
Cathay General Bancorp reported fiscal year 2020 executive compensation information on April 15, 2021.
In 2020, six executives at Cathay General Bancorp received on average a compensation package of $1.4M, a 23% decrease compared to previous year.
Average pay of disclosed executives at Cathay General Bancorp
Dunson K. Cheng, Chairman, received $2.5M in total, which decreased by 17% compared to 2019. 44% of Cheng's compensation, or $1.1M, was in stock awards. Cheng also received $35K of change in pension value and nonqualified deferred compensation earnings, $493K in non-equity incentive plan, $830K in salary, as well as $29K in other compensation.
For fiscal year 2020, the median employee pay was $64,514 at Cathay General Bancorp. Therefore, the ratio of Dunson K. Cheng's pay to the median employee pay was 39 to one.
Chang M. Liu, Chief Executive Officer, received a compensation package of $2.1M, which increased by 95% compared to previous year. 56% of the compensation package, or $1.2M, was in stock awards.
Heng W. Chen, Chief Financial Officer, earned $1.3M in 2020, a 9% decrease compared to previous year.
Kim R. Bingham, Executive Vice President and Chief Risk Officer of Cathay Bank, received $884K in 2020.
Pin Tai, Chief Executive Officer, earned $742K in 2020, a 62% decrease compared to previous year.
Mark H. Lee, Executive Vice President and Chief Credit Officer of Cathay Bank, received $741K in 2020.
Related executives
Chang Liu
Cathay General Bancorp
Chief Executive Officer
Pin Tai
Cathay General Bancorp
Chief Executive Officer
Heng Chen
Cathay General Bancorp
Chief Financial Officer
Dunson Cheng
Cathay General Bancorp
Chairman
Kim Bingham
Cathay General Bancorp
Executive Vice President and Chief Risk Officer of Cathay Bank
Mark Lee
Cathay General Bancorp
Executive Vice President and Chief Credit Officer of Cathay Bank
You may also like
Source: SEC filing on April 15, 2021.