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Cathay General Bancorp (CATY.OQ)

CATY.OQ on NASDAQ Stock Exchange Global Select Market

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Summary

Name Age Since Current Position

Dunson Cheng

72 2016 Executive Chairman of the Board of the Company and the Bank

Pin Tai

63 2017 President, Chief Executive Officer, Director

Anthony Tang

63 2014 Vice Chairman of the Board of the Company and the Bank

Peter Wu

68 2014 Vice Chairman of the Board of the Company and the Bank

Heng Chen

64 2004 Chief Financial Officer, Executive Vice President, Treasurer of the Company and Executive Vice President, Chief Financial Officer of the Bank

Donald Chow

66 2014 Executive Vice President, Chief Credit Officer of the Bank

Irwin Wong

68 2015 Senior Executive Vice President, Chief Operating Officer of the Bank

Kim Bingham

60 2014 Executive Vice President, Chief Risk Officer of the Bank

Thomas Chiu

69 2003 Director of the Company and the Bank

Kelly Chan

70 1990 Independent Director of the Company and the Bank

Michael Chang

79 2010 Independent Director of the Company and the Bank

Nelson Chung

64 2005 Independent Director of the Company and the Bank

Felix Fernandez

66 2013 Independent Director of the Company and the Bank

Jane Jelenko

68 2012 Independent Director of the Company and the Bank

Ting Liu

80 2003 Independent Director of the Company and the Bank

Joseph Poon

70 2011 Independent Director of the Company and the Bank

Richard Sun

64 Independent Director of the Company and the Bank

Monica Chen

2012 IR Contact Officer

Biographies

Name Description

Dunson Cheng

Mr. Dunson K. Cheng, Ph.D., is Executive Chairman of the Board of the Company and the Bank, since October 1, 2016. He was the Chairman of the Board, President, and Chief Executive Officer of Bancorp and Chairman of the Board and Chief Executive Officer of Cathay Bank from 1994 to September 2016, and the President of Cathay Bank from 1985 to March 2015. Mr. Cheng has over 30 years of banking experience. He also serves on the boards of DiCon Fiberoptics, Inc. (a supplier of optical components, integrated modules, and test equipment for the fiber optics industry) and Tsinghua Education Foundation (N.A.) Inc. He formerly served on the board of directors of the California Bankers Association. Mr. Cheng received a Ph.D. in Physics. He has been a Director of Cathay Bank since 1982 and of Bancorp since it was formed as a holding company in 1990.

Pin Tai

Mr. Pin Tai is President, Chief Executive Officer, Director of the Company. Mr. Tai has been the Chief Executive Officer and President of Cathay General Bancorp and Chief Executive Officer of Cathay Bank since October 1, 2016, and President and a Director of Cathay Bank since April 1, 2015. Mr. Tai joined Cathay Bank in 1999 as a general manager.

Anthony Tang

Mr. Anthony M. Tang is Vice Chairman of the Board of the Company and the Bank. He was an Executive Vice President of Bancorp from 1994 to September 2013, Senior Executive Vice President of Cathay Bank from 1998 to 2013, Chief Lending Officer of Cathay Bank from 1985 to September 2013, and Executive Vice Chairman of the Board of Bancorp and Cathay Bank from October 2013 to August 20, 2014. Mr. Tang was formerly the Chief Financial Officer and Treasurer of Bancorp from 1990 to 2003. He received a Master of Business Administration degree. Mr. Tang has been a Director of Cathay Bank since 1986 and of Bancorp since it was formed as a holding company in 1990.

Peter Wu

Mr. Peter Wu, Ph.D., is Vice Chairman of the Board of the Company and the Bank. He has been Vice Chairman of the Board of Bancorp and Cathay Bank since August 21, 2014, and a Director, Chairman of the Board, President, and Chief Executive Officer of Cathay Bank Foundation since 2005. He was Chief Operating Officer of Bancorp and Cathay Bank from 2003 to June 2014, and Executive Vice Chairman of the Board of Bancorp and Cathay Bank from 2003 to August 20, 2014. He was the Chairman of the Board of GBC Venture Capital, Inc. from 1997 to 2014 and President and Chief Executive Officer of GBC Venture Capital, Inc. from 2003 to 2014. Prior to joining Bancorp, Mr. Wu was a co-founder, Chairman of the Board, President, and Chief Executive Officer of General Bank and its publicly-held bank holding company, GBC Bancorp, until they merged with Cathay Bank and Bancorp in 2003. Mr. Wu received a Ph.D. in Mathematics. He has been a Director of Bancorp and Cathay Bank since 2003.

Heng Chen

Mr. Heng W. Chen is Chief Financial Officer, Executive Vice President, Treasurer of the Company and Executive Vice President, Chief Financial Officer of the Bank. He was Vice President and Chief Financial Officer of Cathay Real Estate Investment Trust from 2003 to 2013 and has been a Director, Vice President, and Chief Financial Officer of GBC Venture Capital, Inc. since 2003. Prior to joining Bancorp, Mr. Chen had over 25 years of experience in the areas of finance, accounting, and banking at City National Bank and its publicly-held bank holding company, City National Corporation, and at Price Waterhouse. Mr. Chen was formerly a Certified Public Accountant and received a Master of Business Administration degree.

Donald Chow

Mr. Donald S. Chow is Executive Vice President and Chief Credit Officer of the Bank, a subsidiary of Cathay General Bancorp. Mr. Chow joined Cathay Bank in August 2013 as a Consultant of the Office of the President. Prior to joining Cathay Bank, Mr. Chow was Executive Vice President and Senior Supervisor at East West Bank from 2009 to 2013 and President of Desert Community Bank, a Division of East West Bank, from 2007 to 2009. Mr. Chow has over 25 years of banking experience in the areas of credit and commercial lending.

Irwin Wong

Mr. Irwin Wong is Senior Executive Vice President, Chief Operating Officer of Cathay Bank, a subsidiary of Cathay General Bancorp. Mr. Wong joined Cathay Bank in 1988 as Vice President of Branch Administration, advanced to Senior Vice President of Branch Administration in 1989, served as Executive Vice President of Branch Administration from 1998 to 2011, as Executive Vice President and Chief Risk Officer from 2011 to 2013, and as Chief Retail Administration and Regulatory Affairs Officer from January 2014 to March 2015. He has also been a Director of Cathay Bank Foundation since 2002, and Chief Financial Officer/Treasurer of Cathay Bank Foundation from 2004 to 2011. Mr. Wong has over 35 years of banking experience. Mr. Wong is active in community organizations and serves as a director of Junior Achievement of Southern California, the California Council on Economic Education, and the Los Angeles Nashi Hongwanji Buddhist Temple.

Kim Bingham

Mr. Kim R. Bingham is Executive Vice President, Chief Risk Officer of Cathay Bank, a subsidiary Company of Cathay General Bancorp. Mr. Bingham joined Cathay Bank in 2004 as Chief Credit Officer and served in that capacity until December 2013. Prior to joining Cathay Bank, Mr. Bingham managed Private Banking for Mellon Bank in the Western United States and prior to this position, Mr. Bingham served in a series of increasingly responsible staff and management positions in lending and credit for City National Bank.

Thomas Chiu

Dr. Thomas C. T. Chiu, M.D., is Director of the Company and the Bank. He is a medical doctor, had served as President and Chief Executive Officer of an independent physicians association, chairman of its governing board, and chair of various committees at a healthcare facility in Monterey Park, California. He had been a director of General Bank and its publicly-held bank holding company, GBC Bancorp, for 10 years until they merged with Cathay Bank and Bancorp in 2003. Dr. Chiu has been a Director of Bancorp and Cathay Bank since 2003. Dr. Chiu is a well-respected medical doctor in Southern California. He is an active participant in the Chinese-American community, which is served by Cathay Bank. He also provides institutional knowledge of the history and operations of General Bank and GBC Bancorp.

Kelly Chan

Mr. Kelly L. Chan is Independent Director of the Company and the Bank. Mr. Chan is an owner of Phoenix Bakery Inc., a family-owned retail bakery that began in Los Angeles Chinatown and has been serving the Los Angeles area for over 75 years. He retired as Vice President of Phoenix Bakery Inc. in 2012. Mr. Chan is a Certified Public Accountant with over 30 years of experience, and received a Master of Business Administration degree. He served in the U.S. Navy from 1970 to 1973 and in the U.S. Naval Reserve until his retirement in 2000 with the rank of Captain. Also, he has been awarded certification by the UCLA Anderson Graduate School of Management’s Director Training and Certification Program. Mr. Chan has been a Director of Cathay Bank since 1981 and of Bancorp since it was formed as a holding company in 1990.

Michael Chang

Mr. Michael M. Y. Chang is Independent Director of the Company and the Bank. Mr. Chang is a retired attorney, having practiced law in Los Angeles for 30 years until retiring in 2000. He was the Secretary of Bancorp and Cathay Bank from 2001 to 2010. Mr. Chang is one of the founders of the Southern California Chinese Lawyers Association. He formerly served as a director of Chinatown Service Center, a community-based Chinese-American health and human services organization in Southern California. He received a Juris Doctor degree and a Bachelor of Science degree in Accounting. Mr. Chang has been a Director of Cathay Bank since 1983 and of Bancorp since it was formed as a holding company in 1990. Mr. Chang has been a well-respected attorney in Los Angeles for over 30 years, with the emphasis of his practice being in areas of business law, real estate, corporations, and taxation. The Board benefits from his legal experience and analysis of issues. His participation in the Chinese-American community in Southern California provides knowledge of the local economy, as well as business opportunities for Cathay Bank.

Nelson Chung

Mr. Nelson Chung is Independent Director of the Company and the Bank. Mr. Chung is President of Pacific Communities Builder, Inc., which has built more than 4,000 home sites and developed more than 150 communities in Southern California. He received a Master of Urban Design degree and is a licensed architect, general contractor, and real estate broker in California. Mr. Chung has been a Director of Bancorp and Cathay Bank since 2005.

Felix Fernandez

Mr. Felix S. Fernandez is Independent Director of the Company and the Bank. He has served as a leader at Wells Fargo in various capacities for over 15 years. In 2011, he retired as a Corporate Executive Vice President and Regional President of Community Banking for Wells Fargo in the Northern California region, responsible for up to 150 branches, $15 billion in deposits and $1.5 billion in loans, and 2,700 employees. Prior to working at Wells Fargo, Mr. Fernandez served as Executive Vice President of International Business Banking at State National Bank in El Paso, Texas, where he was responsible for the Mexico business market, and also served in various positions at Valley National Bank of Arizona (later a part of Chase Bank). Mr. Fernandez has been active in the community and business organizations throughout his career, including affiliations with the United Way, Boys and Girls Club of America, Boy Scouts of America, Bankers Association for Finance and Trade, and the Greater Sacramento Chamber of Commerce. He also served on the board of Sacramento State University Enterprise, Inc., Dignity Health Sacramento Service Region Board, Crocker Art Museum, the California Bankers Association, and Pan American Bank. He received a Master of Business Administration degree, with an emphasis in Finance.

Jane Jelenko

Ms. Jane Jelenko is Independent Director of the Company and the Bank. Ms. Jelenko was a partner at KPMG LLP, a global audit, tax, and advisory services firm, where she became the first female consulting partner in 1983, and served over 25 years (from 1977 to 2003) in various capacities including the National Industry Director for its Banking and Finance group, a member of the firm’s Board of Directors, and the leader for the firm’s Banking and Investment Services Consulting group. She has also served on the Countrywide Bank board (Audit and Operations Committees), the Los Angeles Area Chamber of Commerce Executive Committee, and the Organization of Women Executives board. She currently serves on the boards of two SunAmerica Mutual Funds families, and on non-profit boards, including the United States Holocaust Memorial Museum, the Center Dance Arts of the Los Angeles Music Center, Dizzy Feet Foundation, The Gabriella Foundation, and the Constitutional Rights Foundation (emeritus). She received a Master of Business Administration degree in Finance. Also, she has been awarded certification by the UCLA Anderson Graduate School of Management’s Director Training and Certification Program. Ms. Jelenko has been a Director of Bancorp and Cathay Bank since 2012.

Ting Liu

Mr. Ting Y. Liu, Ph.D., is Independent Director of the Company and the Bank. He was a co-founder and a director of General Bank and its publicly-held bank holding company, GBC Bancorp, until they merged with Cathay Bank and Bancorp in 2003. Mr. Liu was an aerospace research scientist for over 12 years, has been a real estate developer of motels and hotels, and co-founded Western Underwriter, an insurance company, in 1985. He also co-founded the Southern California Hotel/Motel Association in the early 1980s and was active in the Holiday Inn Franchisee Association where he served as the regional committee member for many terms. Mr. Liu received a Ph.D. in Aerospace Science. Also, he attended the UCLA Anderson Graduate School of Management’s Director Training and Certification Program. He has been a Director of Bancorp and Cathay Bank since 2003.

Joseph Poon

Mr. Joseph C. H. Poon is Independent Director of the Company and the Bank. Mr. Poon is the President of Edward Properties, LLC, a real estate development company that specializes in residential, industrial, and commercial projects, and has over 30 years of experience in real estate development. He received a Master of Business Administration degree and a Master of Science degree in Civil Engineering. Mr. Poon has been a Director of Cathay Bank since 1981 and of Bancorp since it was formed as a holding company in 1990. He served as the Lead Independent Director of Bancorp from July 2010 to May 2011.

Richard Sun

Dr. Richard Sun is Independent Director of the Company and the Bank. Mr. Sun is the President of SSS Development, Inc., a real estate investment, development, and management company. He is also the current Mayor and Council Member for the City of San Marino, California. Dr. Sun received his D.D.S. in Dentistry in 1982 and practiced for 18 years. Dr. Sun has over 30 years of experience in real estate investment and 10 years of experience serving on the boards of financial institutions. Simultaneously, he served in numerous leadership and management roles including his directorships on Trust Bank Board of Directors from 1995 to 2004 and on Omni Bank Board of Directors from 2008 to 2009. Dr. Sun is a community leader and served as Council Member for the City of San Marino since 2009 and has many years of civic service. He served as a Committee Member of both the Economic Development Committee for Monterey Park and the Design Review Committee for San Marino from 2001 to 2004, and Board Member of the Workforce Investment Committee for Los Angeles County from 2000 to 2002. He also served on the Methodist Hospital Foundation Board from 2007 to 2016 and chaired the foundation in 2013. Dr. Sun currently serves on the Board of Governors of the Los Angeles County Natural History Museum, and a Board Member and President of the Chinese American Elected Officials, a non-profit organization that focuses on civic engagement, membership education, and community outreach.

Monica Chen

Basic Compensation

Name Fiscal Year Total

Dunson Cheng

3,176,890

Pin Tai

2,700,710

Anthony Tang

347,127

Peter Wu

359,754

Heng Chen

1,291,480

Donald Chow

922,974

Irwin Wong

1,304,600

Kim Bingham

--

Thomas Chiu

156,985

Kelly Chan

147,985

Michael Chang

155,485

Nelson Chung

122,110

Felix Fernandez

151,735

Jane Jelenko

132,985

Ting Liu

150,232

Joseph Poon

136,360

Richard Sun

--

Monica Chen

--
As Of  31 Dec 2016

Options Compensation

Name Options Value

Dunson Cheng

1,586,464 15,912,200

Pin Tai

25,000 265,750

Anthony Tang

290,820 4,129,545

Peter Wu

611,844 6,994,894

Heng Chen

288,124 979,202

Donald Chow

0 0

Irwin Wong

246,796 2,670,831

Kim Bingham

0 0

Thomas Chiu

0 0

Kelly Chan

0 0

Michael Chang

0 0

Nelson Chung

0 0

Felix Fernandez

0 0

Jane Jelenko

0 0

Ting Liu

0 0

Joseph Poon

0 0

Richard Sun

0 0

Monica Chen

0 0