Felix S. Fernandez serves as Independent Director of the Company and the Bank of the Company. Mr. Fernandez has served as a leader at Wells Fargo in various capacities for over 15 years. In 2011, he retired as a Corporate Executive Vice President and Regional President of Community Banking for Wells Fargo in the Northern California region. He was responsible for up to 150 branches, $15 billion in deposits and $1.5 billion in loans, and 2,700 employees. Prior to working at Wells Fargo, Mr. Fernandez served as Executive Vice President of International Business Banking at State National Bank in El Paso, Texas, where he was responsible for the Mexico business market, and also served in various positions at Valley National Bank of Arizona (later a part of Chase Bank). Mr. Fernandez has been active in the community and business organizations throughout his career, including affiliations with the United Way, Boys and Girls Club of America, Boy Scouts of America, Bankers Association for Finance and Trade, and the Greater Sacramento Chamber of Commerce. He also served on the board of Sacramento State University Enterprise, Inc., Dignity Health Sacramento Service Region Board, Crocker Art Museum, the California Bankers Association, and Pan American Bank. He received a Master of Business Administration degree, with an emphasis in Finance. Mr. Fernandez has been a Director of Bancorp and Cathay Bank since 2013. Mr. Fernandez brings with him valuable financial skills and diverse experience, along with a leadership record in the banking industry, all of which enhance the Board’s capacity to guide our future growth and development.
As the Independent Director of the Company and the Bank of Cathay General Bancorp, the total compensation of Felix Fernandez at Cathay General Bancorp is $860,950. There are 6 executives at Cathay General Bancorp getting paid more, with Dunson Cheng having the highest compensation of $3,015,020.
Felix Fernandez is 69, he's been the Independent Director of the Company and the Bank of Cathay General Bancorp since 2013. There are 8 older and 9 younger executives at Cathay General Bancorp. The oldest executive at Cathay General Bancorp is Michael Chang, 82, who is the Independent Director of the Company and the Bank.
Over the last 21 years, insiders at Cathay General Bancorp have traded over $73,158,002 worth of Cathay General Bancorp stock and bought 1,502,019 units worth $17,795,563 . The most active insiders traders include Anthony M Tang, Dunson K Cheng, and Peter Wu. On average, Cathay General Bancorp executives and independent directors trade stock every 20 days with the average trade being worth of $1,076,316. The most recent stock trade was executed by Dunson K Cheng on 26 August 2024, trading 12,401 units of CATY stock currently worth $555,441.
in 1962, cathay bank opened for business with the mission of providing financial services to the growing but underserved chinese-american community in the greater los angeles area, thus becoming the first chinese-american bank in southern california. recognizing that the community it served was part of a more diverse one, cathay bank adopted the motto "an open door for all." its rapid expansion was fueled by successive waves of immigration, burgeoning trade between america and asia, and the economic development of the surrounding community. today, cathay bank is a subsidiary of cathay general bancorp (nasdaq: caty), a publicly held bank holding company. its service network extends from the west coast to new york and massachusetts on the eastern seaboard, north to the state of washington, and south to texas. overseas, it has a presence in the three important commercial centers in the asian-pacific rim—hong kong, taipei, and shanghai. cathay bank, with years of history and experience,
Cathay General Bancorp executives and other stock owners filed with the SEC include: