Central Pacific EVP/CSO resigns to lead fintech initiative; Farias named CMO

CENTRAL PACIFIC FINANCIAL CORP

Kevin Dahlstrom resigned effective Dec 31, 2021 to lead a new fintech initiative formed in partnership with Central Pacific Bank.
Dahlstrom receives $315,000 incentive payment and $182,000 discretionary bonus for 2021 work.
Brandt Farias, veteran Hawaii marketing exec who joined CPB in June 2021, named EVP and CMO.
Departure is part of CPB's Banking-As-A-Service strategy; details to be announced with upcoming earnings.

item 5.02 item 9.01

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Departed

Kevin Dahlstrom

Executive Vice President and Chief Strategy Officer

CPF · CENTRAL PACIFIC FINANCIAL CORP

Effective: 2021-12-31
Filed: January 4, 2022, 6:59 PM ET

On December 31, 2021, Mr. Kevin Dahlstrom, Executive Vice President and Chief Strategy Officer, Central Pacific Financial Corp. (the “Company”) and Central Pacific Bank (the “Bank”) provided notice of his resignation effective December 31, 2021.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Kevin Dahlstrom resigned as Executive Vice President and Chief Strategy Officer at CENTRAL PACIFIC FINANCIAL CORP.

Action: resigned
Role: Executive Vice President and Chief Strategy Officer

Exact text from the filing

On December 31, 2021, Mr. Kevin Dahlstrom, Executive Vice President and Chief Strategy Officer, Central Pacific Financial Corp. (the “Company”) and Central Pacific Bank (the “Bank”) provided notice of his resignation effective December 31, 2021.

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Source: SEC EDGAR

accession 0000701347-22-000003

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