trending Market Intelligence /marketintelligence/en/news-insights/trending/SPuBDQrg7x_L0LvGjb_e_g2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Hanmi Financial officially mandates chairman/CEO split

Blog

Banking Essentials Newsletter - April Edition

Blog

Tracking Credit Risk of a Major U.S. Retailer

Blog

Banking Essentials Newsletter: March Edition - Part 2

Blog

A Bank Takes Its Project Finance Assessments to a New Level


Hanmi Financial officially mandates chairman/CEO split

on March 23amended and restated its bylaws, resulting in an official mandatory separationbetween company's chairman and CEO roles, among other things.

According toa Form 8-K filed March 29, the amendment mandates a separation between theboard's chairman and the CEO, "in line with long-held boardpractices." Separate positions were also created for president and CEO,while still allowing a single officer to take on both roles.

The companyalso extended the advance notice for proposed business and stockholder directornominations at annual meetings to 90-120 days, from the previous 60-90 days.