Central Pacific Financial approves new compensation for promoted President/COO and CFO

CENTRAL PACIFIC FINANCIAL CORP

Arnold Martines promoted to President and COO, effective Jan 1, 2022.
David Morimoto promoted to Senior EVP and CFO, effective Jan 1, 2022.
Martines: base $475k, annual bonus opportunity up to 65% of base, LTI grant up to 75% of base.
Morimoto: base $450k, annual bonus opportunity up to 55% of base, LTI grant up to 70% of base.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Arnold Martines

President and Chief Operating Officer

CPF · CENTRAL PACIFIC FINANCIAL CORP

Effective: 2022-01-01
Filed: January 28, 2022, 6:59 PM ET

approved the promotion of Arnold Martines to President and Chief Operating Officer

Role change

David Morimoto

Senior Executive Vice President and Chief Financial Officer

CPF · CENTRAL PACIFIC FINANCIAL CORP

Effective: 2022-01-01
Filed: January 28, 2022, 6:59 PM ET

and David Morimoto to Senior Executive Vice President and Chief Financial Officer

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Arnold Martines changed role as President and Chief Operating Officer at CENTRAL PACIFIC FINANCIAL CORP.

Action: promoted
Role: President and Chief Operating Officer

Exact text from the filing

approved the promotion of Arnold Martines to President and Chief Operating Officer

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

David Morimoto changed role as Senior Executive Vice President and Chief Financial Officer at CENTRAL PACIFIC FINANCIAL CORP.

Action: promoted
Role: Senior Executive Vice President and Chief Financial Officer

Exact text from the filing

and David Morimoto to Senior Executive Vice President and Chief Financial Officer

View on SEC.gov

CENTRAL PACIFIC FINANCIAL CORP filing history →

Source: SEC EDGAR

accession 0000701347-22-000010

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