IRIS S. CHAN - Corporate Board Profile

EAST WEST BANCORP INC

Filing Date	Source Excerpt
2010-04-26	Iris S. Chan spent over 20 years with Wells Fargo Bank in San Francisco and recently retired as the Head of the National Commercial Banking Group... Ms. Chan currently serves on the Board of Directors of the Asia Society and was twice named one of the "25 Most Powerful Women in Banking" by U.S. Banker Magazine.
2011-04-14	In 2010, non-employee directors received an annual retainer of $25,000 in cash and an annual restricted stock award of approximately $40,000 in shares. The restricted stock vests 100% after the third anniversary of the grant date. The committee chairs each receive an additional annual cash retainer as follows: Audit—$10,000; Compensation—$7,000; Risk Oversight—$5,000; Nominating/Corporate Governance—$5,000. In addition, one independent non-employee director represents and reports to the Board of Directors of the Company by serving as non-executive Chairman of the Board of the Company’s subsidiary bank in China, and receives an additional annual retainer of $125,000 paid by the Company. Non-employee directors also receive a meeting fee of $1,000 for each Board and committee meeting attended. Non-employee directors may elect to receive their annual $25,000 cash retainer in the form of Common Stock, at a 25% risk premium (i.e., $31,250 of common stock) if they agree to hold the stock for at least one year. In 2010, all non-employee directors elected to receive their annual cash retainer in the form of Common Stock.
2012-04-20	The Compensation Committee currently consists of Iris S. Chan, Paul H. Irving and Andrew S. Kane as chairman. All members of the Compensation Committee have been determined by the Board to be independent under the standards of Rule 5605(a)(2) of the NASDAQ listing standards. ... 2011 Non-Employee Director Compensation Table: Iris S. Chan Fees Earned Paid in Cash: $0, Stock Awards: $9000, All Other Compensation: $90000, Total: $99000.
2013-04-18	Iris S. Chan is currently the Chief Executive Officer of Ameriway, which she founded in 1989. ... The Compensation Committee currently consists of Iris S. Chan, Paul H. Irving and Andrew S. Kane as chairman. ... The Risk Oversight Committee currently consists of Iris S. Chan, Jack C. Liu, Herman Y. Li, and Rudolph I. Estrada as chairman. ... In 2012, non-employee directors received an annual retainer of $40,000, distributable in cash or Common Stock and an annual stock award of $50,000. Iris S. Chan's total compensation was $100,500.
2014-03-27	The Audit Committee currently consists of Iris Chan, Tak-Chuen Clarence Kwan, and Keith W. Renken, as chairman. The Compensation Committee currently consists of Iris S. Chan, Paul H. Irving and Andrew S. Kane, as chairman. In 2013, non-employee directors received an annual cash retainer of $40,000 and an annual stock award of $70,000 of Common Stock. Iris S. Chan received total compensation of $125,000.
2015-03-24	The Risk Oversight Committee currently consists of Iris S. Chan, Tak-Chuen Clarence Kwan, John M. Lee and Rudolph I. Estrada, as chairman. The following table summarizes the compensation paid by the Company to non-employee directors for the fiscal year ended December 31, 2014: Iris S. Chan Fees Earned Paid in Cash $49,000, Stock Awards $70,000, Total $119,000.
2016-04-21	Iris S. Chan is currently the CEO of Ameriway... Board Committees: BSA/AML & OFAC Compliance, Risk Oversight... 2015Non-Employee Director Compensation Table... Iris S. Chan $55,529 Paid in Cash, $99,971 Stock Awards, Total $155,500.
2017-04-19	Iris S. Chan is currently the CEO of Ameriway... Board Committees: BSA/AML & OFAC Compliance, Risk Oversight. In 2016, non-employee directors received an annual cash retainer of $45,000 and an annual stock award of $100,000 of Common Stock. Iris S. Chan received total compensation of $170,500.
2018-04-17	Iris S. Chan is currently the CEO of Ameriway... Board Committees: BSA/AML & OFAC Compliance, Risk Oversight. 2017 Non-Employee Director Compensation Table: Iris S. Chan $205,500 total.
2019-04-18	Iris S. Chan is currently the CEO of Ameriway. Director Since 2010. Board Committees: BSA/AML & OFAC Compliance, Risk Oversight. In 2018, non-employee directors received an annual cash retainer of $80,000 and an annual award of $100,000 of common stock. Iris S. Chan received $99,535 in fees and $99,965 in stock awards, totaling $199,500.
2020-04-10	Iris S. Chan is currently the CEO of Ameriway... Board Committees: BSA/AML & OFAC Compliance (Chair), Risk Oversight... 2019 Non-Employee Director Compensation Table: Iris S. Chan total $228,500.
2021-04-15	Iris S. Chan is currently the CEO of Ameriway, which she founded in 1989. Ameriway focuses on innovative investments and cross-border trade between North America and Asia. She was the former Executive Vice President and Group Head of Wells Fargo’s National Commercial Banking Group and a member of the Wells Fargo Management Committee. Earlier in her career, Ms. Chan held various management and international banking positions with Bank of America and Citicorp. Ms. Chan is involved in many community and professional organizations. Currently, she is on the board of governors of the San Francisco Symphony. Ms. Chan has received various awards and recognition for her work. In 2007 and 2008, she was named one of the “25 Most Powerful Women in Banking” by American Banker magazine. Ms. Chan brings to the Board a deep understanding of commercial lending and credit risk oversight, in addition to her perspectives on U.S.–Asia cross-border trade and investment. The Company believes that Ms. Chan’s high-level executive and oversight experience in the financial services industry, including in financial oversight and internal controls, well qualifies her to serve on our Board. 2020 Non-Employee Director Compensation Table: Iris S. Chan: Fees Earned or Paid in Cash ($) 118,533; Stock Awards ($) 109,967; Total ($) 228,500.
2022-04-13	Iris S. Chan is the CEO of Ameriway. She serves as Chair of the BSA/AML & OFAC Compliance Committee and is a member of the Risk Oversight Committee. In 2021, she received total compensation of $227,000.