Center Financial 8-K 2007
CENTER FINANCIAL CORPCLFC
Filed: April 9, 2007 (period: April 9, 2007)
Report of unscheduled material events or corporate changes.
Table of Contents
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE
ACT OF 1934
Date of Report (Date of earliest event reported) April 9, 2007
Center Financial Corporation
(Exact name of Registrant as specified in its charter)
(State or Other Jurisdiction of Incorporation)
3435 Wilshire Boulevard, Suite 700, Los Angeles, California 90010
(Address of principal executive offices)
(Registrants telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the follow provisions:
(c) On April 9, 2007, the Company and its wholly-owned subsidiary, Center Bank appointed Lonny Robinson as executive vice president and chief financial officer effective immediately. Mr. Robinson, age 49, has served as project specialist for Resources Global Professionals (a multi-national professional service firm) Louisville, Kentucky office where he has provided consulting services to financial institutions since July 2004. In his capacity as an independent consultant, Mr. Robinson previously assisted the Company from January through April 2006 in reengineering and streamlining the Companys financial reporting processes. Previously, Mr. Robinson served as chief administrative officer of Lightyear Communications in Louisville from January to May 2004; as President of First Bank, also in Louisville, from July 2002 to December 2003; and as president and principal of Alpine Natural Springs in New Waterford, Ohio from 2001 to March 2002.
Mr. Robinson will not be serving pursuant to an employment agreement, but will receive an initial annual base salary of $180,000 per year, plus customary scheduled bonuses as well as discretionary bonuses, an automobile allowance, reimbursement of certain business expenses, and customary medical insurance benefits. A one time moving allowance/signing bonus of $25,000 will also be provided.
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: