---
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"
generated_at: "2026-05-26T02:49:15.300738+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Central Pacific Financial promotes Morimoto to COO, Matsumoto to CFO

## Summary
- 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).

## SEC filing metadata
- 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
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000701347-25-000009
- JSON: https://secwatch.observer/filing/0000701347-25-000009.json
- Plain text: https://secwatch.observer/filing/0000701347-25-000009.txt

## Key facts
- Executive change
  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
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/701347/000070134725000009/0000701347-25-000009-index.htm

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