Central Pacific Financial promotes Morimoto to COO, Matsumoto to CFO

CENTRAL PACIFIC FINANCIAL CORP

David Morimoto promoted to Vice Chairman and COO, effective March 1, 2025.
Dayna Matsumoto promoted to Executive VP and CFO (principal financial and accounting officer).
Morimoto's base salary set at $525,000; eligible for 75% target annual incentive and 75% LTIP.
Matsumoto's base salary set at $362,000; eligible for 50% target annual incentive and 50% LTIP.
Both are long-tenured internal promotions: Morimoto (33+ yrs), Matsumoto (18+ yrs).

item 5.02 item 9.01

Executive movements

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

Role change

David Morimoto

Vice Chairman and Chief Operating Officer

CPF · CENTRAL PACIFIC FINANCIAL CORP

Effective: 2025-03-01
Filed: February 27, 2025, 6:59 PM ET

On February 25, 2025, the Boards of Directors of Central Pacific Financial Corp. (the “Company”) and Central Pacific Bank (the “Bank”) approved, to be effective as of March 1, 2025, the appointment and promotion of David Morimoto to Vice Chairman (corporate title) and Chief Operating Officer of the Company and the Bank

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

David Morimoto changed role as Vice Chairman and Chief Operating Officer at CENTRAL PACIFIC FINANCIAL CORP.

Action: promoted
Role: Vice Chairman and Chief Operating Officer

Exact text from the filing

On February 25, 2025, the Boards of Directors of Central Pacific Financial Corp. (the “Company”) and Central Pacific Bank (the “Bank”) approved, to be effective as of March 1, 2025, the appointment and promotion of David Morimoto to Vice Chairman (corporate title) and Chief Operating Officer of the Company and the Bank

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CENTRAL PACIFIC FINANCIAL CORP filing history →

Source: SEC EDGAR

accession 0000701347-25-000009

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