OP Bancorp CEO Min Kim's 2021 pay jumps 69% to $1.7M
OP Bancorp reports 2021 executive compensation
By ExecPay News
Published: May 13, 2022
OP Bancorp reported fiscal year 2021 executive compensation information on May 13, 2022.
In 2021, four OP Bancorp executives received on average a compensation package of $961K, a 150% increase compared to previous year.
Min J. Kim, Chief Executive Officer, received $1.7M in total, which increased by 69% compared to 2020. 37% of Kim's compensation, or $636K, was in stock awards. Kim also received $550K in non-equity incentive plan, $525K in salary, as well as $20K in other compensation.
Sang K. Oh, Executive Vice President and Chief Credit Officer, received a compensation package of $835K, which increased by 1930% compared to previous year. 53% of the compensation package, or $446K, was in stock awards.
Ihnsuk J. Bang, Executive Vice President and Chief Banking Officer, earned $817K in 2021, a 1969% increase compared to previous year.
Christine Y. Oh, Chief Financial Officer, received $463K in 2021, which increases by 7% compared to 2020.