{"schema_version":"secwatch.filing_event.v1","accession":"0000701347-25-000009","form_type":"8-K","ticker":"CPF","cik":"0000701347","company_name":"CENTRAL PACIFIC FINANCIAL CORP","filed_at":"2025-02-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.093209+00:00","generated_at":"2026-05-26T02:49:15.300738+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Central Pacific Financial promotes Morimoto to COO, Matsumoto to CFO","bullets":["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)."],"urls":{"canonical":"https://secwatch.observer/filing/0000701347-25-000009","json":"https://secwatch.observer/filing/0000701347-25-000009.json","markdown":"https://secwatch.observer/filing/0000701347-25-000009.md","text":"https://secwatch.observer/filing/0000701347-25-000009.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/701347/000070134725000009/0000701347-25-000009-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/701347/000070134725000009/cpf-20250225.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T02:49:15.300738+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"40feedb8b2","claim":"David Morimoto changed role as Vice Chairman and Chief Operating Officer at CENTRAL PACIFIC FINANCIAL CORP.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/701347/000070134725000009/0000701347-25-000009-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"promoted"},{"label":"Role","value":"Vice Chairman and Chief Operating Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}