---
schema_version: "secwatch.filing_event.v1"
accession: "0000701347-23-000036"
form_type: "8-K"
ticker: "CPF"
cik: "0000701347"
company_name: "CENTRAL PACIFIC FINANCIAL CORP"
filed_at: "2023-09-22T23:59:59+00:00"
generated_at: "2026-06-10T09:57:17.320755+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# Central Pacific Financial amends bylaws for universal proxy rules and governance updates

## Summary
- Board adopted amended and restated bylaws effective Sept 21, 2023, primarily to align with new SEC universal proxy rules.
- Shareholders using universal proxy must certify compliance and provide evidence at least five business days before meeting.
- Advance notice provisions updated: nominating shareholders must provide detailed info and complete questionnaire if requested.
- Chair of meeting can determine compliance and disregard non-compliant nominations or proposals.
- Clarifies that directors may only be removed for cause at a meeting called per Hawaii law.

## SEC filing metadata
- accession: 0000701347-23-000036
- form_type: 8-K
- ticker: CPF
- cik: 0000701347
- company_name: CENTRAL PACIFIC FINANCIAL CORP
- filed_at: 2023-09-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/701347/000070134723000036/0000701347-23-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/701347/000070134723000036/cpf-20230921.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000701347-23-000036
- JSON: https://secwatch.observer/filing/0000701347-23-000036.json
- Plain text: https://secwatch.observer/filing/0000701347-23-000036.txt

## Key facts
- Governance Changes
  CENTRAL PACIFIC FINANCIAL CORP: Amended and restated bylaws to comply with universal proxy rules and update various procedural provisions, effective immediately upon board approval on September 21, 2023 (effective 2023-09-21).
  - Change: bylaw amendment
  - Effective: 2023-09-21
  source text: On September 21, 2023, in connection with the effectiveness of new Securities and Exchange Commission rules regarding universal proxy cards and a periodic review of the bylaws of Central Pacific Financial Corp. (the “Company”), the Company’s board of directors (the “Board”) approved and adopted the Company’s amended and restated bylaws (the “Amended and Restated Bylaws”), which became immediately effective.
  evidence_url: https://www.sec.gov/Archives/edgar/data/701347/000070134723000036/0000701347-23-000036-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.