ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS;
APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.
Appointment of Certain Officers
On October 29, 2009, UCBH Holdings, Inc. and United Commercial Bank
(collectively, the "Company") received all required regulatory approvals for the
appointment of Ms. Doreen Woo Ho, age 62, as President and Chief Executive
Officer of the Company. As previously announced, Ms. Ho was appointed Acting
President and Chief Executive Officer in September 2009, subject to final
approval by the appropriate regulatory agencies. An employment agreement between
the Company and Ms. Ho was previously reported in a Current Report on Form 8-K,
as filed with the Securities and Exchange Commission on January 14, 2009.
Prior to this appointment, Ms. Ho served as President of Community Banking of
the Company since January 2009. Previously, Ms. Ho joined Wells Fargo & Company
in 1998, where she headed its Consumer Credit Group. Ms. Ho also oversaw Wells
Fargo's Enterprise Marketing Group, where she was responsible for its global
branding, advertising and marketing programs, as well as strategic oversight for
all lines of business marketing groups across the organization. Prior to Wells
Fargo, Ms. Ho was with Citibank from 1974 through 1998, where she held multiple
positions in corporate banking, consumer lending, retail banking and business
banking. Ms. Ho is a graduate of Smith College and Columbia University, where
she earned a bachelor's degree and master's degree respectively in History and
East Asian Studies.
Appointment of Director
On October 29, 2009, the Company received all required regulatory approvals
for the appointment of Ms. Doreen Woo Ho to the Board of Directors of the
Company. This appointment is effective upon receiving all such approvals.