OP Bancorp Management
Management criteria checks 3/4
OP Bancorp's CEO is Min Kim, appointed in Apr 2010, has a tenure of 14.42 years. total yearly compensation is $1.15M, comprised of 49% salary and 51% bonuses, including company stock and options. directly owns 4.13% of the company’s shares, worth €6.77M. The average tenure of the management team and the board of directors is 3.9 years and 8.7 years respectively.
Key information
Min Kim
Chief executive officer
US$1.1m
Total compensation
| CEO salary percentage | 49.0% |
| CEO tenure | 14.4yrs |
| CEO ownership | 4.1% |
| Management average tenure | 3.9yrs |
| Board average tenure | 8.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | US$21m |
| Mar 31 2024 | n/a | n/a | US$21m |
| Dec 31 2023 | US$1m | US$562k | US$23m |
| Sep 30 2023 | n/a | n/a | US$26m |
| Jun 30 2023 | n/a | n/a | US$30m |
| Mar 31 2023 | n/a | n/a | US$32m |
| Dec 31 2022 | US$1m | US$510k | US$33m |
| Sep 30 2022 | n/a | n/a | US$34m |
| Jun 30 2022 | n/a | n/a | US$33m |
| Mar 31 2022 | n/a | n/a | US$31m |
| Dec 31 2021 | US$2m | US$525k | US$29m |
| Sep 30 2021 | n/a | n/a | US$23m |
| Jun 30 2021 | n/a | n/a | US$19m |
| Mar 31 2021 | n/a | n/a | US$15m |
| Dec 31 2020 | US$1m | US$494k | US$13m |
| Sep 30 2020 | n/a | n/a | US$13m |
| Jun 30 2020 | n/a | n/a | US$14m |
| Mar 31 2020 | n/a | n/a | US$15m |
| Dec 31 2019 | US$984k | US$487k | US$16m |
| Sep 30 2019 | n/a | n/a | US$16m |
| Jun 30 2019 | n/a | n/a | US$15m |
| Mar 31 2019 | n/a | n/a | US$15m |
| Dec 31 2018 | US$952k | US$453k | US$14m |
| Sep 30 2018 | n/a | n/a | US$12m |
| Jun 30 2018 | n/a | n/a | US$11m |
| Mar 31 2018 | n/a | n/a | US$10m |
| Dec 31 2017 | US$1m | US$390k | US$9m |
Compensation vs Market: Min's total compensation ($USD1.15M) is above average for companies of similar size in the German market ($USD815.10K).
Compensation vs Earnings: Min's compensation has been consistent with company performance over the past year.
CEO
Min Kim (64 yo)
14.4yrs
Tenure
US$1,147,263
Compensation
Ms. Min Jung Kim has been the Chief Executive Officer, President and Director of OP Bancorp since April 2010. She has been Chief Executive Officer, President and Director of Open Bank since April 1, 2010....
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 14.4yrs | US$1.15m | 4.13% $ 6.8m | |
| Executive VP | 8.5yrs | US$556.23k | 0.88% $ 1.4m | |
| Executive VP & Chief Credit Officer | 3.9yrs | US$391.60k | 0.18% $ 299.1k | |
| Executive Vice President and Chief SBA Officer of Open Bank | 2.6yrs | no data | no data | |
| Executive VP & Chief Lending Officer of Open Bank | 10.9yrs | no data | 0.30% $ 489.0k | |
| Executive VP & Chief Banking Officer of Open Bank | 3.9yrs | US$359.49k | 0.18% $ 289.3k | |
| Executive VP & Chief Risk Officer - Open Bank | 2.3yrs | no data | 0.035% $ 57.0k |
3.9yrs
Average Tenure
57yo
Average Age
Experienced Management: OP3's management team is considered experienced (3.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 14.4yrs | US$1.15m | 4.13% $ 6.8m | |
| Independent Director | 8.7yrs | US$90.00k | 3.34% $ 5.5m | |
| Independent Director | 8.7yrs | US$90.00k | 1.63% $ 2.7m | |
| Independent Chairman of the Board | 8.7yrs | US$126.00k | 8.8% $ 14.4m | |
| Independent Director | 1.7yrs | US$65.00k | 0.024% $ 39.9k | |
| Independent Director | 1.3yrs | US$65.00k | 0.024% $ 39.9k | |
| Director | less than a year | no data | 0.14% $ 226.0k |
8.7yrs
Average Tenure
64yo
Average Age
Experienced Board: OP3's board of directors are considered experienced (8.7 years average tenure).