President and Chief Operating Officer · Preferred Bank (PFBC)

Wellington Chen

A named executive officer of Preferred Bank in every fiscal year CompBrief holds from FY2024 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

Total disclosed compensation, FY2025

$1,875,076

FY2024: $1,774,462

Compensation figures as of the proxy filed April 13, 2026 (DEF 14A).

Wellington Chen compensation by year

Preferred Bank Summary Compensation Table · all 2 fiscal years held
In US dollars, as Preferred Bank reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2024FY2025
Salary$676,668$698,668
Bonus$0$0
Stock awards$483,728$509,922
Option awards$0$0
Non-equity incentive$571,501$619,693
Pension and deferred compensation$0$0
All other$42,565$46,793
Total$1,774,462$1,875,076

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Preferred Bank DEF 14A filed April 13, 2026, and prior-year filings. Open the filing on EDGAR.

$1.8M
$1.9M
FY24
FY25
SalaryNon-equity incentiveStock awardsAll other

Preferred Bank’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Li YuChairman and Chief Executive Officer$4,467,850
Wellington Chen · this pagePresident and Chief Operating Officer$1,875,076
Edward CzajkaExecutive Vice President and Chief Financial Officer$1,243,909
Nick PiExecutive Vice President and Chief Risk Officer$1,154,793
Johnny HsuExecutive Vice President, Deputy Chief Operating Officer$1,043,597

The full Preferred Bank compensation record

free company brief

This page is one person within Preferred Bank's record. The company brief lists every named executive, each linking to their own page.

Compensation, the day it’s disclosed

The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order Preferred Bank's full Executive Compensation Report with peer benchmarking.

How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Preferred Bank's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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