secwatch.observer — SEC 8-K summary
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Issuer:     CENTRAL PACIFIC FINANCIAL CORP (CPF)
CIK:        0000701347
Form:       8-K
Filed at:   2022-01-04T23:59:59+00:00
Accession:  0000701347-22-000003
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/701347/000070134722000003/0000701347-22-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/701347/000070134722000003/cpf-20211231.htm
  HTML page:      https://secwatch.observer/filing/0000701347-22-000003

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer