People: Cathay General Bancorp (CATY.OQ)
Mr. Michael M. Y. Chang serves as Independent Director of the Company and the Bank of the Company. 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.
|Total Annual Compensation, USD||--|
|Restricted Stock Award, USD||74,970|
|Long-Term Incentive Plans, USD||--|
|All Other, USD||115,000|
|Fiscal Year Total, USD||189,970|