People: Cathay General Bancorp (CATY.OQ)
Mr. Kelly L. Chan serves as Independent Director of the Company and the Bank of the Company. Mr. Chan is a long-time 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 80 years. Mr. Chan was reappointed as Vice President of Finance of Phoenix Bakery in November 2017 after retiring in 2012 from that position. Mr. Chan is a Certified Public Accountant with over 35 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. Mr. Chan also serves as a member of the Cathay Bank Foundation Audit Committee.
|Total Annual Compensation, USD||--|
|Restricted Stock Award, USD||74,970|
|Long-Term Incentive Plans, USD||--|
|All Other, USD||109,000|
|Fiscal Year Total, USD||183,970|