EWBC PROXY DEC 31 2005 -
[Cached Version]
Published on: 4/11/2006
Last Visited: 4/12/2006
John Kooken
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Specifically, the following individuals have the right to acquire the shares indicated after their names upon the exercise of such stock options: Mr. Ng, 1,322,550; Ms. Gouw, 216,050; Ms. Cherng, 15,000; Mr. Lewis, 46,400; Mr. Li, 17,500; Mr. Liu, 29,500; Mr. Kooken, 15,000; Mr. Krause, 18,450; and Mr. Renken, 37,500.
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The directors proposed for election at the Meeting, John Kooken, Jack C. Liu and Keith W. Renken, were appointed to the Board of Directors in 2002, 1998, and 2000, respectively.
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In the event that Mr. Kooken, Mr. Liu or Mr. Renken should be unable to serve as a director, it is intended that the Proxies will be voted for the election of such substitute nominee, if any, as shall be designated by the Board of Directors.
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Management has no reason to believe that Mr. Kooken, Mr. Liu or Mr. Renken will be unavailable to serve on the Board of Directors.
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Nominees for term expiring 2009: John Kooken
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John Kooken has garnered a broad banking experience, having retired as Chief Financial Officer and Vice Chairman of Security Pacific Corp., the parent of former Security Pacific National Bank.He served as a director of Golden State Bancorp until its acquisition in 2002.Among his community activities, he is a member of the boards of Huntington Memorial Hospital and of the Children's Bureau of Southern California.
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These independent directors are: Peggy Cherng, Rudolph I. Estrada, John Kooken, John Lee, Herman Y. Li, Jack C. Liu and Keith W. Renken.
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Based on its review, the Board determined that at least two of the three members of the Audit Committee, John Kooken, its chairman, and Keith W. Renken, qualify as "financial experts" by reason of their prior job experience as the chief financial officer of a publicly traded company and a certified public accountant, respectively.