Central Pacific Financial Corp. (CPF)

20.33 +0.24 (+1.19%) At close: 4:00PM EST

Central Pacific Financial Corp.

220 South King Street
Honolulu, HI 96813
United States
808-544-0500
http://ir.centralpacificbank.com

Sector(s): Financial Services
Industry: Banks—Regional
Full Time Employees: 789

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Paul K. Yonamine CPA	Chairman & CEO	1.02M	N/A	1957
Ms. Anli Ngo	Pres & Director	825.26k	N/A	1961
Mr. David S. Morimoto	Exec. VP, CFO & Treasurer	540k	N/A	1968
Mr. David William Hudson	Exec. VP of Retail Markets	377.33k	N/A	1959
Mr. Arnold D. Martines	Group Exec. VP of Revenue	456.87k	N/A	1965
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
Mr. Kevin V. Dahlstrom	Exec. VP & Chief Marketing Officer	N/A	N/A	1971
Ms. Patricia L. Foley	Exec. VP of HR & Division Mang.	N/A	N/A	1959
Mr. Blenn A. Fujimoto	Exec. VP of Small Bus. & Wealth Markets	N/A	N/A	1959

Amounts are as of December 31, 2019 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 in 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, construction loans, and leases 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. Central Pacific Financial Corp. also provides debit cards, internet and mobile banking, cash management 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, 2019, it operated 35 branches and 77 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 January 22, 2021 is 4. The pillar scores are Audit: 1; 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.