{"id":928256,"date":"2026-01-16T16:23:16","date_gmt":"2026-01-16T21:23:16","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/hope-bancorp-announces-retirement-of-director-scott-whang\/"},"modified":"2026-01-16T16:23:16","modified_gmt":"2026-01-16T21:23:16","slug":"hope-bancorp-announces-retirement-of-director-scott-whang","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/hope-bancorp-announces-retirement-of-director-scott-whang\/","title":{"rendered":"Hope Bancorp Announces Retirement of Director Scott Whang"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Hope Bancorp Announces Retirement of Director Scott Whang<\/b><\/p>\n<p>LOS ANGELES&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nHope Bancorp, Inc. (NASDAQ: HOPE) (the \u201cCompany\u201d), the holding company of Bank of Hope (the \u201cBank\u201d), today announced that Scott Yoon-Suk Whang has elected not to stand for re-election and will be retiring from his position as a member of the Boards of Directors of the Company and the Bank in connection with the Company\u2019s 2026 Annual Meeting of Stockholders.<\/p>\n<p>\n\u201cOn behalf of the Board, I would like to thank Director Whang for his many years of service and dedication,\u201d said Kevin S. Kim, Chairman, President and Chief Executive Officer. \u201cDirector Whang was instrumental in the creation of Hope Bancorp, with the first merger of equals between our predecessor companies, Nara Bancorp, Inc. and Center Financial Corporation. His continued leadership and insight on the Board have helped Bank of Hope grow from its roots as a community bank to the regional bank that it is today.\u201d<\/p>\n<p>\n\u201cIt has been a privilege and honor to serve as a director on the Boards of Hope Bancorp and Bank of Hope, and my time with the board members will stand out as a highlight of my career,\u201d said Whang. \u201cI wish Hope Bancorp continued success in the years ahead.\u201d<\/p>\n<p>\nSince his appointment to the Board in 2007, Whang has served in various roles, including serving as the Chairman of the Board from 2017 to 2019 and the Lead Independent Director of the Board from 2019 to 2024, and has been a strong advocate committed to enhancing board leadership and governance.<\/p>\n<p>\nScott Yoon-Suk Whang, 79, a serial entrepreneur, founded and served as Chairman of Orange Circle Studios, which provides premier lines of gift product and calendar publishing services. He also started Codra Enterprises and Avalanche Publishing, Inc. Whang has received many awards and recognitions, including \u2018Entrepreneur of the Year Award\u2019 by the Korean American Chamber of Commerce in recognition of his success in the publishing industry and as an exemplary minority entrepreneur.<\/p>\n<p>\nFollowing Director Whang\u2019s retirement, the size of the Company\u2019s Board will be reduced to nine directors in connection with the 2026 Annual Meeting of Stockholders. The Company has filed a Form 8-K disclosing Director Whang\u2019s retirement as well as amendments to its bylaws and certain other governance documents made pursuant to its periodic review of its bylaws and governance policies.<\/p>\n<p><b>About Hope Bancorp, Inc.<\/b><\/p>\n<p>\nHope Bancorp, Inc. (NASDAQ: HOPE) is the holding company for Bank of Hope, the only regional Korean American bank in the United States, with $18.51 billion in total assets as of September 30, 2025. Following the addition of Territorial Savings as a division of Bank of Hope, the Company became the largest regional bank serving multicultural customers across the continental United States and Hawaii. Headquartered in Los Angeles, Bank of Hope offers a comprehensive range of commercial, corporate and consumer banking products and services, including commercial and commercial real estate lending, SBA lending, residential mortgage and consumer lending, treasury management, foreign exchange solutions, interest rate derivatives, and international trade finance. Bank of Hope operates 45 full-service branches in California, New York, New Jersey, Washington, Texas, Illinois, Alabama and Georgia under the Bank of Hope banner, and 29 branches in Hawaii under the Territorial Savings banner. Bank of Hope also operates SBA loan production offices, commercial loan production offices, and residential mortgage loan production offices throughout the United States, and a representative office in Seoul, South Korea. Bank of Hope is a California-chartered bank, and its deposits are insured by the FDIC to the extent provided by law. Bank of Hope is an Equal Opportunity Lender. For additional information, please go to <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.bankofhope.com&amp;esheet=54398826&amp;newsitemid=20260116482193&amp;lan=en-US&amp;anchor=www.bankofhope.com&amp;index=1&amp;md5=d3ded2370573ae3b31fe97674c4e88d0\">www.bankofhope.com<\/a> for Bank of Hope and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.tsbhawaii.bank&amp;esheet=54398826&amp;newsitemid=20260116482193&amp;lan=en-US&amp;anchor=www.tsbhawaii.bank&amp;index=2&amp;md5=c986b2cd9653087aff2f6b2d6fe12e9b\">www.tsbhawaii.bank<\/a> for Territorial Savings, a division of Bank of Hope. By including the foregoing website address links, the Company does not intend to and shall not be deemed to incorporate by reference any material contained or accessible therein.<\/p>\n<p><b>Forward Looking Statements<\/b><\/p>\n<p><i>Some statements in this new release may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, but are not limited to, statements preceded by, followed by or that include the words \u201cwill,\u201d \u201cbelieves,\u201d \u201cexpects,\u201d \u201canticipates,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201cestimates\u201d or similar expressions. With respect to any such forward-looking statements, Hope Bancorp claims the protection provided for in the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties. Hope Bancorp\u2019s actual results, performance or achievements may differ significantly from the results, performance or achievements expressed or implied in any forward-looking statements. Hope Bancorp does not undertake, and specifically disclaims any obligation, to update any forward-looking statements to reflect the occurrence of events or circumstances after the date of such statements except as required by law.<\/i><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260116482193r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260116482193\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260116482193\/en\/<\/a><\/span><\/p>\n<p>\nJulianna Balicka<br \/>\n<br \/>Executive Vice President &amp; Chief Financial Officer<br \/>\n<br \/>213-235-3235<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:julianna.balicka@bankofhope.com\">julianna.balicka@bankofhope.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> California United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260116482193\/en\/2694700\/3\/Logo_HOPE.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Hope Bancorp Announces Retirement of Director Scott Whang LOS ANGELES&#8211;(BUSINESS WIRE)&#8211; Hope Bancorp, Inc. (NASDAQ: HOPE) (the \u201cCompany\u201d), the holding company of Bank of Hope (the \u201cBank\u201d), today announced that Scott Yoon-Suk Whang has elected not to stand for re-election and will be retiring from his position as a member of the Boards of Directors of the Company and the Bank in connection with the Company\u2019s 2026 Annual Meeting of Stockholders. \u201cOn behalf of the Board, I would like to thank Director Whang for his many years of service and dedication,\u201d said Kevin S. Kim, Chairman, President and Chief Executive Officer. \u201cDirector Whang was instrumental in the creation of Hope Bancorp, with the first merger of equals between our predecessor &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/hope-bancorp-announces-retirement-of-director-scott-whang\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Hope Bancorp Announces Retirement of Director Scott Whang&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-928256","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Hope Bancorp Announces Retirement of Director Scott Whang - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/hope-bancorp-announces-retirement-of-director-scott-whang\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hope Bancorp Announces Retirement of Director Scott Whang - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Hope Bancorp Announces Retirement of Director Scott Whang LOS ANGELES&#8211;(BUSINESS WIRE)&#8211; Hope Bancorp, Inc. (NASDAQ: HOPE) (the \u201cCompany\u201d), the holding company of Bank of Hope (the \u201cBank\u201d), today announced that Scott Yoon-Suk Whang has elected not to stand for re-election and will be retiring from his position as a member of the Boards of Directors of the Company and the Bank in connection with the Company\u2019s 2026 Annual Meeting of Stockholders. \u201cOn behalf of the Board, I would like to thank Director Whang for his many years of service and dedication,\u201d said Kevin S. Kim, Chairman, President and Chief Executive Officer. \u201cDirector Whang was instrumental in the creation of Hope Bancorp, with the first merger of equals between our predecessor &hellip; Continue reading &quot;Hope Bancorp Announces Retirement of Director Scott Whang&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/hope-bancorp-announces-retirement-of-director-scott-whang\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-01-16T21:23:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260116482193r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hope-bancorp-announces-retirement-of-director-scott-whang\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hope-bancorp-announces-retirement-of-director-scott-whang\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Hope Bancorp Announces Retirement of Director Scott Whang\",\"datePublished\":\"2026-01-16T21:23:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hope-bancorp-announces-retirement-of-director-scott-whang\\\/\"},\"wordCount\":846,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hope-bancorp-announces-retirement-of-director-scott-whang\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20260116482193r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hope-bancorp-announces-retirement-of-director-scott-whang\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hope-bancorp-announces-retirement-of-director-scott-whang\\\/\",\"name\":\"Hope Bancorp Announces Retirement of Director Scott Whang - 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(NASDAQ: HOPE) (the \u201cCompany\u201d), the holding company of Bank of Hope (the \u201cBank\u201d), today announced that Scott Yoon-Suk Whang has elected not to stand for re-election and will be retiring from his position as a member of the Boards of Directors of the Company and the Bank in connection with the Company\u2019s 2026 Annual Meeting of Stockholders. \u201cOn behalf of the Board, I would like to thank Director Whang for his many years of service and dedication,\u201d said Kevin S. Kim, Chairman, President and Chief Executive Officer. \u201cDirector Whang was instrumental in the creation of Hope Bancorp, with the first merger of equals between our predecessor &hellip; Continue reading \"Hope Bancorp Announces Retirement of Director Scott Whang\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/hope-bancorp-announces-retirement-of-director-scott-whang\/","og_site_name":"Market Newsdesk","article_published_time":"2026-01-16T21:23:16+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260116482193r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hope-bancorp-announces-retirement-of-director-scott-whang\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hope-bancorp-announces-retirement-of-director-scott-whang\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Hope Bancorp Announces Retirement of Director Scott Whang","datePublished":"2026-01-16T21:23:16+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hope-bancorp-announces-retirement-of-director-scott-whang\/"},"wordCount":846,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hope-bancorp-announces-retirement-of-director-scott-whang\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260116482193r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hope-bancorp-announces-retirement-of-director-scott-whang\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/hope-bancorp-announces-retirement-of-director-scott-whang\/","name":"Hope Bancorp Announces Retirement of Director Scott Whang - 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