Hope Bancorp, Inc. Announces Appointment of Mary E. (“Mimi”) Thigpen to the Board of Directors
August 03, 2021 at 01:45 am IST
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Hope Bancorp, Inc. announced the appointment of Mary E. (“Mimi”) Thigpen to the Board of Directors of the Company and Bank effective August 1, 2021. Ms. Thigpen will serve as a member of the Board Risk Committee and Audit Committee. This appointment increases the membership of the Board of Directors from 10 to 11. Ms. Thigpen, age 61, is an innovative strategic business executive and consultant with more than 38 years’ experience in the technology and communication industries, including cybersecurity and data management strategies. Most recently, she served as Chief Executive Officer of OpsDataStore, Inc., a real-time analytic and artificial intelligence platform for IT Operations, and North Plains, Inc., a digital asset management software company. Earlier in her career, Ms. Thigpen served as Senior Vice President of Strategy and Innovation for Cox Communications, Inc., Managing Director of BearingPoint, Inc., and Partner for Arthur Andersen Business Consulting. She began her career with the Hewlett-Packard Company, where she led multiple global sales, marketing, and product teams.
Hope Bancorp, Inc. is the holding company of Bank of Hope (the Bank). The Company's loan portfolio segments include commercial real estate (CRE) loans, commercial and industrial (C&I) loans, residential mortgage loans, and consumer and other loans. CRE loans are extended for the purchase and refinance of commercial real estate and are generally secured by first deeds of trust and are collateralized by residential or commercial properties. C&I loans are loans provided to businesses for various purposes such as for working capital, purchasing inventory, debt refinancing, business acquisitions, international trade finance activities, and other business related financing needs, and also include syndicated loans. Residential mortgage loans are extended for personal, family, or household use and are secured by a mortgage or deed of trust. Consumer and other loans consist of home equity, credit cards, and other personal loans. It operates over 54 full-service branches in the United States.