secwatch.observer — SEC 8-K summary
======================================

Issuer:     CENTRAL PACIFIC FINANCIAL CORP (CPF)
CIK:        0000701347
Form:       8-K/A
Filed at:   2022-01-28T23:59:59+00:00
Accession:  0000701347-22-000010
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/701347/000070134722000010/0000701347-22-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/701347/000070134722000010/cpf-20211026.htm
  HTML page:      https://secwatch.observer/filing/0000701347-22-000010

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