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WIBC > SEC Filings for WIBC > Form 8-K on 6-Dec-2013All Recent SEC Filings

Show all filings for WILSHIRE BANCORP INC | Request a Trial to NEW EDGAR Online Pro

Form 8-K for WILSHIRE BANCORP INC


6-Dec-2013

Change in Directors or Principal Officers, Financial Statements and Exhibits


ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION
OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATION ARRANGEMENTS OF CERTAIN OFFICERS

On December 2, 2013, Jung Hak Son, Executive Vice President and Chief Marketing Officer of Wilshire Bancorp, Inc. (the "Company") and its wholly-owned subsidiary, Wilshire Bank (the "Bank"), notified the Company and the Bank of his resignation effective December 4, 2013. Mr. Son's departure is not due to any disagreements with the Bank or the Company.

The Company and the Bank have agreed to pay for Mr. Son's COBRA premium payments until February 28, 2014. Such COBRA premium payments will be discontinued if Mr. Son begins full-time employment with another company prior to February 28, 2014.

The Company's press release related to Mr. Son's resignation is filed as Exhibit 99.1 to this Form 8-K and is incorporated by reference herein.



ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

(d)                 Exhibits



Exhibit 99.1      Press release, dated December 6, 2013, issued by Wilshire
Bancorp, Inc.


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

WILSHIRE BANCORP, INC.

Date: December 6, 2013 By: /s/ Alex Ko Alex Ko, Executive Vice President, Chief Financial Officer


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