Central Pacific Financial Corp. (CPF)

28.90 -0.10 (-0.34%) At close: 04:00PM EST

Central Pacific Financial Corp.

220 South King Street
Honolulu, HI 96813
United States
808 544 0500
https://www.cpb.bank

Sector(s): Financial Services
Industry: Banks—Regional
Full Time Employees: 764

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Paul K. Yonamine CPA	Chairman & CEO	1M	N/A	1957
Ms. Anli Ngo	Exec. Vice Chairman	847.15k	N/A	1961
Mr. Arnold D. Martines	Pres & COO	553.53k	N/A	1965
Mr. David S. Morimoto	Sr. Exec. VP, Treasurer & CFO	565.14k	N/A	1968
Mr. Kevin Vincent Dahlstrom	Exec. VP & Chief Strategy Officer	633.64k	N/A	1972
Mr. Lee Yasuo Moriwaki	Exec. VP & Chief Information Officer	N/A	N/A	1959
Mr. Glenn K. C. Ching	Exec. VP, Corp. Sec., Chief Legal Officer & Risk Mgt. Division Mang.	N/A	N/A	1959
Ms. Patricia L. Foley	Exec. VP of HR & Division Mang.	N/A	N/A	1959
Mr. Denis K. Isono	Exec. VP of Corp. Services	N/A	N/A	1951
Mr. David H. Hudson	Exec. VP of Retail Markets & Community Banking Division Mang.	N/A	N/A	N/A

Amounts are as of December 31, 2020 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Central Pacific Financial Corp. operates as the holding company for Central Pacific Bank that provides commercial banking products and services to businesses, professionals, and individuals in the United States. The company operates through three segments: Banking Operations, Treasury, and All Others. It offers various deposit products and services, including personal and business checking and savings accounts, money market accounts, and time certificates of deposit. The company's lending activities comprise commercial loans, financial and agricultural loans, commercial mortgages, and construction loans to small and medium-sized companies, business professionals, and real estate investors and developers, as well as residential mortgages, home equity, and consumer loans to local homebuyers and individuals. It also provides debit cards, internet and mobile banking, cash management and electronic banking services, traveler's checks, safe deposit boxes, international banking services, night depository facilities, foreign exchange and wire transfers, trust services, retail brokerage, and wholesale funding services. In addition, the company offers wealth management products and services, including non-deposit investment products, annuities, insurance, investment management, asset custody, and general consultation and planning services. As of December 31, 2020, it operated 31 branches and 69 automated teller machines in the state of Hawaii. The company was founded in 1954 and is headquartered in Honolulu, Hawaii.

Corporate Governance

Central Pacific Financial Corp.’s ISS Governance QualityScore as of September 26, 2021 is 4. The pillar scores are Audit: 2; Board: 4; Shareholder Rights: 5; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.