Central Pacific Financial Corp. Reports Board Changes and Executive Compensation Updates
Ticker: CPF · Form: 8-K · Filed: Feb 27, 2025 · CIK: 701347
| Field | Detail |
|---|---|
| Company | Central Pacific Financial Corp (CPF) |
| Form Type | 8-K |
| Filed Date | Feb 27, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, executive-compensation, board-of-directors
Related Tickers: CPF
TL;DR
CPF board shakeup and pay adjustments announced.
AI Summary
Central Pacific Financial Corp. announced on February 25, 2025, changes in its board of directors and executive compensation. The filing details the departure of certain directors and the election of new ones, alongside updates to compensatory arrangements for key officers.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy, governance, and future performance, impacting investor confidence.
Risk Assessment
Risk Level: medium — Changes in board and executive compensation can indicate internal shifts that may affect future company performance and strategy.
Key Numbers
- 001-31567 — SEC File Number (Identifies the company's filing history with the SEC.)
- 99-0212597 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- Central Pacific Financial Corp. (company) — Registrant
- Hawaii (location) — State of incorporation
- Honolulu (location) — Principal executive offices city
FAQ
What specific reasons were given for the departure of directors?
The filing indicates 'Departure of Directors or Certain Officers' as an item, but specific reasons for individual departures are not detailed in the provided text.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on February 25, 2025.
What is the principal business address of Central Pacific Financial Corp.?
The principal executive offices are located at 220 South King Street, Honolulu, Hawaii 96813.
What is the Standard Industrial Classification code for Central Pacific Financial Corp.?
The SIC code is 6022 for State Commercial Banks.
What is the fiscal year end for Central Pacific Financial Corp.?
The fiscal year end is December 31.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on February 27, 2025 regarding CENTRAL PACIFIC FINANCIAL CORP (CPF).