The estimated Net Worth of Dominic Ng is at least $99.7 Million dollars as of 12 February 2024. Mr. Ng owns over 30 units of East West stock worth over $70,087,137 and over the last 21 years he sold EWBC stock worth over $22,218,514. In addition, he makes $7,413,240 as Chairman of the Board and Chief Executive Officer of the Company and the Bank at East West.
Dominic has made over 90 trades of the East West stock since 2003, according to the Form 4 filled with the SEC. Most recently he exercised 30 units of EWBC stock worth $2,348 on 12 February 2024.
The largest trade he's ever made was exercising 200,000 units of East West stock on 31 October 2005 worth over $1,000,000. On average, Dominic trades about 13,511 units every 43 days since 2003. As of 12 February 2024 he still owns at least 895,339 units of East West stock.
You can see the complete history of Mr. Ng stock trades at the bottom of the page.
Dominic Ng serves as Chairman of the Board, Chief Executive Officer of the Company and the Bank of the Company. He is Chairman of the Board and CEO of East West Bancorp, Inc. and East West Bank. Mr. Ng transformed East West Bank from a small savings and loan association with $600 million in assets and a market capitalization of $40 million in 1991, into the full-service international and commercial bank it is today - with $44.2 billion in assets and a market capitalization of $7.1 billion as of December 31, 2019. East West Bank has been ranked in the top 15 of “America’s 100 Best Banks” by Forbes since 2010. Prior to taking the helm of East West Bank, he was President of Seyen Investment, and also spent ten years as a CPA with Deloitte & Touche, LLP in Houston and Los Angeles. Mr. Ng currently serves on the board of Mattel, Inc. He is also a member of the Academy Museum of Motion Pictures and University of Southern California’s Board of Trustees. He also served on the board of directors of the Federal Reserve Bank of San Francisco, Los Angeles Branch. Mr. Ng was named by Forbes as one of the 25 most notable Chinese Americans, by the Los Angeles Times as one of the 100 most influential people in Los Angeles, and by the Los Angeles Business Journal as Business Person of the Year. In 2017, American Banker recognized Mr. Ng as Banker of the Year, for successfully executing his vision while maintaining discipline on credit, and building East West Bank into one of the nation’s most profitable regional banks. Mr. Ng is also known for his community leadership. In 2016, Mr. Ng received The United Way Alexis de Tocqueville Global Award presented by United Way Worldwide that recognizes his exceptional and sustained engagement and philanthropic leadership. The Company believes that Mr. Ng’s extensive management experience and financial expertise well qualifies him to serve on the Board.
As the Chairman of the Board and Chief Executive Officer of the Company and the Bank of East West, the total compensation of Dominic Ng at East West is $7,413,240. There are no executives at East West getting paid more.
Dominic Ng is 61, he's been the Chairman of the Board and Chief Executive Officer of the Company and the Bank of East West since 2018. There are 8 older and 11 younger executives at East West. The oldest executive at East West Bancorp, Inc. is Iris Chan, 74, who is the Independent Director.
Dominic's mailing address filed with the SEC is Mattel, 333, Continental Boulevard, El Segundo, Los Angeles County, California, 90245, United States.
Over the last 21 years, insiders at East West have traded over $67,700,754 worth of East West stock and bought 237,903 units worth $5,614,124 . The most active insiders traders include Dominic Ng, Julia S Gouw, and Douglas Paul Krause. On average, East West executives and independent directors trade stock every 24 days with the average trade being worth of $1,065,939. The most recent stock trade was executed by Jack C Liu on 23 August 2024, trading 2,000 units of EWBC stock currently worth $167,000.
east west bancorp is a publicly owned company with $31.1 billion in assets and is traded on the nasdaq global select market under the symbol “ewbc”. the company’s wholly owned subsidiary, east west bank, is one of the largest independent banks headquartered in california. east west is a premier bank focused exclusively on the united states and greater china markets and operates over 130 locations on both sides of the pacific, including in the united states markets of california, georgia, nevada, new york, massachusetts, texas and washington. in greater china, east west’s presence includes full service branches in hong kong, shanghai, shantou and shenzhen, and representative offices in beijing, chongqing, guangzhou, taipei and xiamen. east west bank is one of the 25 largest public banks in the united states ranked by market capitalization. it was named in the top 15 of the “100 best banks in america” by forbes for five consecutive years from 2010 to 2014. as the premier ‘financial b
East West executives and other stock owners filed with the SEC include: