Central Pacific Financial Corp. Announces Director Changes and Executive Compensation
Ticker: CPF · Form: 8-K · Filed: Mar 6, 2024 · CIK: 701347
| Field | Detail |
|---|---|
| Company | Central Pacific Financial Corp (CPF) |
| Form Type | 8-K |
| Filed Date | Mar 6, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, executive-compensation, governance
Related Tickers: CPF
TL;DR
CPF board shakeup: Dean out, Harrison & Kashiwada in. Executive pay details also disclosed.
AI Summary
Central Pacific Financial Corp. announced on March 4, 2024, the departure of Director John C. Dean and the appointment of new directors, including Robert W. Harrison and Scott H. Kashiwada. The company also reported on compensatory arrangements for its named executive officers.
Why It Matters
Changes in board composition can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — This filing primarily concerns routine board changes and executive compensation disclosures, which typically carry low immediate risk.
Key Players & Entities
- Central Pacific Financial Corp. (company) — Registrant
- John C. Dean (person) — Departing Director
- Robert W. Harrison (person) — Appointed Director
- Scott H. Kashiwada (person) — Appointed Director
- March 4, 2024 (date) — Date of earliest event reported
FAQ
Who has departed from the Board of Directors of Central Pacific Financial Corp.?
John C. Dean has departed from the Board of Directors.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on March 4, 2024.
What are the new directors appointed to the board?
Robert W. Harrison and Scott H. Kashiwada have been appointed as directors.
What is the principal executive office address of Central Pacific Financial Corp.?
The principal executive office is located at 220 South King Street, Honolulu, Hawaii 96813.
What other information is disclosed in this filing besides director changes?
The filing also addresses the election of directors and compensatory arrangements of certain officers.
Filing Stats: 505 words · 2 min read · ~2 pages · Grade level 10.3 · Accepted 2024-03-06 13:31:49
Filing Documents
- cpf-20240304.htm (8-K) — 25KB
- 0000701347-24-000011.txt ( ) — 145KB
- cpf-20240304.xsd (EX-101.SCH) — 2KB
- cpf-20240304_lab.xml (EX-101.LAB) — 21KB
- cpf-20240304_pre.xml (EX-101.PRE) — 12KB
- cpf-20240304_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits Exhibit No. Description 104 Cover Page Interactive Data File (embedded in the cover page formatted in Inline XBRL)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Central Pacific Financial Corp. (Registrant) Date: March 6, 2024 /s/ Glenn K.C. Ching Glenn K.C. Ching Executive Vice President, Chief Legal Officer Corporate Secretary