Jinho Doo
HOPE BANCORPAbout Jinho Doo
Independent director of Hope Bancorp, Inc. since October 29, 2014; age 69 at the record date. Former hedge fund CEO and portfolio manager with deep capital markets experience and prior banking roles; education includes B.A. in Portuguese (minor in Economics) from Hankuk University of Foreign Studies and M.S. in Finance from Texas A&M University. The company identifies him as independent; professional background emphasizes accounting/auditing, executive leadership, and finance/capital markets.
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Key Capital Management, LLC (NYC) | Chief Executive Officer; managed a hedge fund | 2012–2020 | Led investment management; capital markets exposure |
| JSD Investment Advisory Services, LLC (LA) | Chief Executive Officer | 2007–2012 | Provided investment advisory to Korean American community banks; FX consulting to FIs |
| DaeYu Investment Management Co., LTD (Seoul) | Managing Director | Prior to 2007 (years not specified) | Investment management leadership |
| BZW Asia Hong Kong (affiliate of Barclays Capital) | Director; Head of Korean Desk, Bonds Division | Prior to 1988 (years not specified) | Fixed income/capital markets leadership |
| Standard Chartered Bank (Seoul) | Foreign exchange trader | Began 1982 | FX trading experience |
| Hanmi Bank (Los Angeles) | Vice President; Manager of Investment & Accounting | 1988–1996 | Banking operations; investment and accounting leadership |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| — | — | — | No other current public-company directorships disclosed for Mr. Doo in HOPE’s 2025 proxy |
Board Governance
- Independence: Identified as independent; principal Board committees (Audit, Compensation, Nomination) are 100% independent .
- Committee assignments (current, effective May 23, 2024): Nomination Committee; Compensation Committee; Board Risk Committee; not shown on Executive Committee; committee meeting counts in 2024: Audit 15, Nomination 6, Compensation 8, Board Risk 8, Executive 6 .
- Attendance: All current directors attended at least 75% of aggregate Board and committee meetings in 2024; all attended the 2024 annual meeting .
- Leadership/structure: Lead Independent Director role separate from Chair/CEO; executive sessions of independent directors conducted by Lead Independent Director; annual Board/committee evaluations; anti-hedging and anti-pledging policies .
Note: The biography section lists Mr. Doo’s committee memberships as Audit, Nomination, and Board Risk, whereas the committee composition chart shows Nomination, Compensation, and Board Risk (no Audit). We use the composition chart (effective May 23, 2024) as authoritative for current assignments; the discrepancy should be clarified by the issuer.
Fixed Compensation
| Component (FY2024) | Amount |
|---|---|
| Fees Earned or Paid in Cash | $54,000 |
| Stock Awards (Grant-date fair value) | $54,000 |
| All Other Compensation (health insurance or cash in lieu) | $15,000 |
| Total | $123,000 |
- Program structure: Director annual retainer $54,000 cash + $54,000 equity RSUs; Committee chair annual retainers increased to $9,000 cash + $9,000 equity effective May 23, 2024 (not applicable to Doo unless chair); no meeting fees disclosed; Deputy Lead Independent Director fee added ($9,000 cash + $9,000 equity) .
Performance Compensation
| Instrument | Grant Date | Quantity | Fair Value/Strike | Vesting | Expiration | Performance Metrics |
|---|---|---|---|---|---|---|
| RSUs | July 3, 2024 | 5,137 | $54,000 at $10.51 closing price | Time-based; vest on one-year anniversary or earlier at next annual meeting (May 22, 2025) | N/A | None disclosed; time-based only |
| Stock Options | Sept 1, 2016 | 20,000 | $17.18 per share | Fully vested on Sept 1, 2018 | Sept 1, 2026 | None (legacy grant from merger) |
- RSU plan details: Equity awards are RSUs; value determined at grant; vesting on one-year anniversary or earlier at the next annual meeting; for 2024 grants, RSUs to vest at/around the May 22, 2025 annual meeting .
- No performance metrics (TSR, EPS, etc.) are tied to non-employee director equity; awards are time-based per policy .
Other Directorships & Interlocks
| Company | Public/Private | Role | Committee/Interlocks |
|---|---|---|---|
| — | — | — | No other public-company boards disclosed for Mr. Doo; no interlocks or shared directorships with competitors/suppliers/customers noted in proxy . |
Expertise & Qualifications
- Accounting, auditing and financial reporting; finance, capital markets and financial services; executive leadership and management roles .
Equity Ownership
| Measure (Record Date: Mar 24, 2025) | Quantity | Notes |
|---|---|---|
| Common shares owned (direct/indirect) | 12,104 | As reported; sole voting power unless otherwise noted |
| Options exercisable within 60 days | 20,000 | 2016 grant; strike $17.18; fully vested; exp. Sept 1, 2026 |
| RSUs to vest within 60 days | 5,137 | Time-based RSUs vest at/around May 22, 2025 annual meeting |
| Total beneficial ownership (shares + options + RSUs as defined) | 37,241 | Company methodology includes instruments exercisable/vesting within 60 days |
| % of shares outstanding | < 1% | Based on 121,074,988 shares outstanding |
| Ownership guideline target | 13,181 shares | Guideline = 3x $54,000 retainer at $12.29 price on Dec 31, 2024 |
| Shares held (for guideline test) | 17,241 | Guideline satisfied (ü) |
| Pledged shares | None disclosed | Exceptions list does not include Doo |
| Anti-hedging/anti-pledging policy | In place | Company policy applies to insiders/directors |
Governance Assessment
- Alignment: Meets director stock ownership guidelines (holds 17,241 vs target 13,181), plus legacy options provide additional alignment, though options are out-of-the-money at $17.18 strike unless stock appreciates materially .
- Independence and oversight: Independent director; serves on Nomination, Compensation, and Board Risk Committees, which are all independent; board conducts regular executive sessions and annual evaluations; attendance threshold (≥75%) met in 2024 .
- Compensation structure: Transparent mix of cash and time-based RSUs; no meeting fees; no discretionary bonuses; health insurance/cash-in-lieu standard; no performance conditions for director equity (typical for governance) .
- Conflicts/related-party exposure: No related-party transactions or family relationships disclosed for Doo; no pledging; anti-hedging/anti-pledging policies in place .
- Committee load and risk oversight: Board Risk membership provides enterprise risk exposure; Nomination and Compensation roles implicate governance/compensation oversight; not a committee chair (reduces overconcentration risk) .
RED FLAGS
- Documentation inconsistency on committee listing: Biography page shows Audit membership, while committee composition chart (effective May 23, 2024) shows Compensation instead of Audit. This should be clarified to avoid ambiguity in accountability and oversight roles.