This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

BBCN Mourns Loss Of Honorary Chairman Ki Suh Park

Stocks in this article: BBCN

With profound sadness, BBCN Bancorp, Inc. (NASDAQ:BBCN) today announced the passing of Honorary Chairman Ki Suh Park, who died peacefully at home yesterday at the age of 80, after a spirited battle with cancer. He had served as a member of the board of directors of BBCN Bancorp, Inc. (formerly Nara Bancorp, Inc.) since 2001 and was a member of the Nomination and Governance Committee and the Executive Committee. The company said his seat on the Board of Directors would not be filled, reducing the membership to 12.

“Chairman Park will be sadly missed by all of us at BBCN,” said Kevin S. Kim, Chairman of the Board. “He was an integral participant in the transformational establishment of the company as the premier Korean-American bank in the nation. In addition, Chairman Park will be remembered for his distinguished career and success as an architect and city planner. His legacy will remain a source of inspiration for generations of Korean-Americans. Our thoughts and deepest sympathies are with his wife, three sons and all other members of his family.”

Honorary Chairman Park immigrated to the United Sates in the early 1950s and is highly regarded as a successful architect and city planner with 50 years of professional experience. From 1981 to 2011, he served as Chief Executive Officer of Los Angeles-based Gruen Associates, a global architecture, planning, and interior design firm. During his illustrious career, Honorary Chairman Park was responsible for many large-scale landmark building and transportation projects throughout the United States and overseas in Korea, Vietnam, Indonesia, Canada, Mexico and Germany. In 2000, he received a Presidential Design Award from President Bill Clinton for his work on the I-70 Highway through the scenic Glenwood Canyon in Colorado. Honorary Chairman Park is also well respected as a community leader and has been active on numerous community-based, non-profit boards, including the Harvard-Westlake School, the Korean American Coalition (Chairman), the Korean American Museum (Chairman), the California Community Foundation, the Public Policy Institute of California, the Los Angeles County Natural History Museum, and the Los Angeles World Affairs Council. In 1996, he received a Korean Broadcasting System (KBS) Award in recognition for his significant worldwide contribution to the arts, business and industry.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,959.44 +154.64 0.87%
S&P 500 2,078.54 +7.89 0.38%
NASDAQ 4,781.4240 +16.0440 0.34%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs