secwatch.observer — SEC 8-K summary
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Issuer:     CENTRAL PACIFIC FINANCIAL CORP (CPF)
CIK:        0000701347
Form:       8-K
Filed at:   2025-01-29T23:59:59+00:00
Accession:  0000701347-25-000003
Event type: leadership
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Central Pacific Financial appoints Dr. Diane Paloma to its Board of Directors
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- Dr. Diane Paloma appointed to CPF and CPB boards effective Jan. 28, 2025; board size increased to 12.
- She is President & CEO of Hawaii Dental Service; will receive $125,000 annual retainer.
- Dr. Paloma also serves on University of Hawaii Board of Regents and other non-profit boards.
- HDS has been CPB's dental plan provider for over 25 years; 2024 payments were ~$390k (arm's-length).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/701347/000070134725000003/0000701347-25-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/701347/000070134725000003/cpf-20250128.htm
  HTML page:      https://secwatch.observer/filing/0000701347-25-000003

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