Rbb Bancorp (RBB) has issued an announcement.
RBB Bancorp has confirmed the appointment of Ms. Lynn M. Hopkins as the permanent Executive Vice President and Chief Financial Officer, effective April 22, 2024, with a comprehensive employment agreement that includes a base salary of $410,000, stock awards, and severance provisions. The agreement outlines automatic renewal terms, bonus opportunities, and protective clauses for both parties. This strategic move coincides with RBB Bancorp’s announcement of its first-quarter financial results and the declaration of a $0.16 per share quarterly cash dividend, reinforcing the company’s commitment to its growth and shareholder value.
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