Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(d) Election of Directors
On January 27, 2021, Hanmi Financial Corporation (the "Company"), a Delaware
corporation and its wholly-owned subsidiary, Hanmi Bank (the "Bank"), appointed
Gideon Yu to the Board of Directors of Company and Bank.
Mr. Yu is currently a co-owner and former President of the San Francisco 49ers.
Mr. Yu holds the distinction of being the first President of color of any team
in the history of the National Football League. Mr. Yu previously served as the
Chief Financial Officer of Facebook and YouTube. Mr. Yu was also a General
Partner at Khosla Ventures, a venture capital firm focused on early-stage
technology companies, where he led the firm's investment in Square, Inc. and was
its first outside board member.
Mr. Yu serves on the Board of Trustees of the Monterey Bay Aquarium and the
Council of Korean Americans, and is on the National Leadership Council of the
Navy SEAL Foundation.
Upon his appointment to the Board, Mr. Yu became entitled to the Company's
customary non-employee director compensation. Mr. Yu was appointed to the
Compensation and Human Resources Committee and the Risk, Compliance and Planning
Committee of the Company Board, as well as the Asset Liability Committee of the
Bank.
There are no arrangements or understandings between Mr. Yu and any other persons
pursuant to which he was selected as a director. There are no family
relationships between Mr. Yu and any director, executive officer or any person
nominated or chosen by the Company to become a director or executive officer.
No information is required to be disclosed with respect to Mr. Yu pursuant to
Item 404(a) of Regulation S-K.
A copy of the Company's press release announcing Mr. Yu's appointment is
included as Exhibit 99.1 to this report and incorporated herein.
Item 9.01. Financial Statements and Exhibits.
(a) Financial Statements of Businesses Acquired. Not applicable.
(b) Pro Forma Financial Information. Not applicable.
(c) Shell Company Transactions. Not applicable.
(d) Exhibits Description
99.1 Press release issued by Hanmi Financial Corporation dated
January 28, 2021
104 Cover Page Interactive Data File (embedded within Inline XBRL
document).
© Edgar Online, source Glimpses