Corporate Board Profile
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| Filing Date | Source Excerpt |
|---|---|
| 2017-04-13 | Richard Sun is nominated for election as a Class III director. No compensation information is provided for him as he is a nominee and not currently serving. |
| 2019-04-11 | Richard Sun is the President of SSS Development, Inc... Member of Audit Committee. |
| 2020-04-16 | Richard Sun has been a Director of Bancorp and Cathay Bank since May 2017. The Board has determined that Richard Sun is independent. Richard Sun serves on the Audit Committee. The following table sets forth for 2019 a summary of the compensation paid to all directors who were not also a Named Executive Officer: Richard Sun total compensation was $178,720. |
| 2021-04-15 | Richard Sun has been a Director of Bancorp and Cathay Bank since 2017... Chair of the Risk Committee... Director Compensation: Richard Sun total compensation $189,132. |
| 2022-04-07 | Richard Sun is the President of SSS Development, Inc., a real estate investment, development, and management company. Dr. Sun received his D.D.S. in Dentistry in 1982 and practiced for 18 years. He also served as the Mayor for the City of San Marino, California from 2012-2013, 2016-2017 and the city’s Council Member from 2009 to 2017. Dr. Sun has over 30 years of experience in real estate investment and 10 years of experience serving on the boards of financial institutions. Simultaneously, he served in numerous leadership and management roles including his directorships on Trust Bank Board of Directors from 1995 to 2004 and on Omni Bank Board of Directors from 2008 to 2009. He has been awarded certification by the UCLA Anderson Graduate School of Management’s Director Training and Certification Program. Dr. Sun is a community leader and has many years of civic service. He served on the Board of Governors of the Los Angeles County Natural History Museum from 2003 to 2017, as President of the Chinese American Elected Officials from 2015 to 2017, as a Committee Member of both the Economic Development Committee for Monterey Park and the Design Review Committee for San Marino from 2001 to 2004, and Board Member of the Workforce Investment Committee for Los Angeles County from 2000 to 2002. He also served on the Methodist Hospital Foundation Board from 2007 to 2016 and chaired the foundation in 2013. Dr. Sun currently serves as a board member of the Cathay Bank Foundation and is an emeritus board member of the Methodist Hospital Foundation. Dr. Sun has been a Director of Bancorp and Cathay Bank since 2017. He brings with him board experiences at financial institutions as well as his depth of knowledge and experience in both public and private companies. The Board believes that his diversified skills add valuable entrepreneurial, managerial, and leadership perspectives to the Board. |
| 2023-04-06 | Dr. Sun has been a Director of Bancorp and Cathay Bank since 2017. Board Committees: Compensation (Chair), Audit, Nomination and Governance. Director Compensation: Richard Sun total $216,725. |
| 2024-04-11 | Richard Sun has been a Director of Bancorp and Cathay Bank since 2017. Independent Director. Director since 2017 | Age 71. Board Committees: Compensation (Chair), Audit, Nomination and Governance. Director Compensation: Total $219,731. |
Data sourced from SEC filings. Last updated: 2026-02-03