Hanmi Financial Extends CEO and CFO Contracts

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Hanmi Financial Extends CEO and CFO Contracts

An announcement from Hanmi Financial ( (HAFC) ) is now available.

On March 4, 2025, Hanmi Financial Corporation and its subsidiary Hanmi Bank extended the employment agreements of key executives. The employment agreement for Bonita I. Lee, President and CEO, was extended to April 28, 2028, with automatic annual renewals unless notice is given. Similarly, the agreement for Romolo C. Santarosa, Senior Executive Vice President and CFO, was extended to December 31, 2027, also with automatic renewals. These extensions aim to ensure leadership stability within the company.

More about Hanmi Financial

Hanmi Financial Corporation, along with its wholly owned subsidiary Hanmi Bank, operates in the financial services industry, providing banking products and services.

YTD Price Performance: -1.11%

Average Trading Volume: 196,404

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $697.5M

See more insights into HAFC stock on TipRanks’ Stock Analysis page.

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