Central Pacific Financial Management
Management criteria checks 3/4
Central Pacific Financial's CEO is Arnold Martines, appointed in Jan 2022, has a tenure of 2.25 years. total yearly compensation is $1.74M, comprised of 36.2% salary and 63.8% bonuses, including company stock and options. directly owns 0.19% of the company’s shares, worth $1.04M. The average tenure of the management team and the board of directors is 7.5 years and 7.7 years respectively.
Key information
Arnold Martines
Chief executive officer
US$1.7m
Total compensation
| CEO salary percentage | 36.2% |
| CEO tenure | 2.3yrs |
| CEO ownership | 0.2% |
| Management average tenure | 7.5yrs |
| Board average tenure | 7.7yrs |
Recent management updates
Recent updates
Central Pacific Financial (NYSE:CPF) Is Due To Pay A Dividend Of $0.26
Oct 29
Central Pacific Financial (NYSE:CPF) Is Due To Pay A Dividend Of $0.26
Aug 28Central Pacific Financial (NYSE:CPF) Has Affirmed Its Dividend Of $0.26
Jul 30Central Pacific Financial: Dividend Is Attractive But Earnings Outlook Is Worrisome
Jul 28Central Pacific Financial (NYSE:CPF) Is Paying Out A Dividend Of $0.26
May 14Central Pacific Financial (NYSE:CPF) Has Affirmed Its Dividend Of $0.26
Apr 30Central Pacific Financial GAAP EPS of $0.74 beats by $0.14, revenue of $67.89M beats by $1.06M
Jan 25Central Pacific Financial: A 5.4% Yield With A 45% Payout Ratio
Oct 27Central Pacific names Arnold Martines CEO
Oct 21Central Pacific Financial goes ex-dividend tomorrow
Aug 29Central Pacific Financial (NYSE:CPF) Is Increasing Its Dividend To US$0.26
Jan 29Central Pacific Financial (NYSE:CPF) Has Re-Affirmed Its Dividend Of US$0.24
Aug 15Central Pacific Financial (NYSE:CPF) Has Announced That It Will Be Increasing Its Dividend To US$0.24
Aug 01Central Pacific Financial raises dividend by ~4%
Apr 28We think Central Pacific Financial Corp.'s (NYSE:CPF) CEO May Struggle To See Much Of A Pay Rise This Year
Apr 24CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$55m |
| Dec 31 2023 | US$2m | US$629k | US$59m |
| Sep 30 2023 | n/a | n/a | US$64m |
| Jun 30 2023 | n/a | n/a | US$68m |
| Mar 31 2023 | n/a | n/a | US$71m |
| Dec 31 2022 | US$1m | US$472k | US$74m |
| Sep 30 2022 | n/a | n/a | US$76m |
| Jun 30 2022 | n/a | n/a | US$80m |
| Mar 31 2022 | n/a | n/a | US$81m |
| Dec 31 2021 | US$1m | US$368k | US$80m |
| Sep 30 2021 | n/a | n/a | US$70m |
| Jun 30 2021 | n/a | n/a | US$56m |
| Mar 31 2021 | n/a | n/a | US$47m |
| Dec 31 2020 | US$766k | US$310k | US$37m |
| Sep 30 2020 | n/a | n/a | US$39m |
| Jun 30 2020 | n/a | n/a | US$47m |
| Mar 31 2020 | n/a | n/a | US$51m |
| Dec 31 2019 | US$682k | US$290k | US$58m |
| Sep 30 2019 | n/a | n/a | US$60m |
| Jun 30 2019 | n/a | n/a | US$61m |
| Mar 31 2019 | n/a | n/a | US$61m |
| Dec 31 2018 | US$460k | US$243k | US$59m |
| Sep 30 2018 | n/a | n/a | US$48m |
| Jun 30 2018 | n/a | n/a | US$45m |
| Mar 31 2018 | n/a | n/a | US$42m |
| Dec 31 2017 | US$427k | US$229k | US$41m |
Compensation vs Market: Arnold's total compensation ($USD1.74M) is about average for companies of similar size in the US market ($USD2.37M).
Compensation vs Earnings: Arnold's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Arnold Martines (58 yo)
2.3yrs
Tenure
US$1,737,311
Compensation
Mr. Arnold D. Martines serves as Chief Executive Officer and Director at Central Pacific Financial Corp. since January 1, 2023. He serves as President of Central Pacific Financial Corp since January 01, 20...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.3yrs | US$1.74m | 0.19% $ 1.0m | |
| Senior EVP & CFO | 8.8yrs | US$1.15m | 0.20% $ 1.1m | |
| Executive VP & Chief Credit Officer | 7.5yrs | US$571.28k | 0.068% $ 383.3k | |
| Executive Vice President of Retail & Wealth Markets | less than a year | US$598.86k | 0.011% $ 63.6k | |
| Executive Vice President of Commercial Markets | 2.3yrs | US$567.74k | 0.012% $ 66.3k | |
| Executive VP & Chief Information Officer | 9.2yrs | US$484.91k | no data | |
| Executive VP | 21.3yrs | US$550.70k | no data | |
| Executive VP of Corporate Services | 22.3yrs | US$461.57k | no data | |
| Executive VP of Retail Markets & Community Banking Division Manager | 4.9yrs | no data | no data | |
| Senior VP & Treasurer | no data | no data | no data |
7.5yrs
Average Tenure
56.5yo
Average Age
Experienced Management: CPF's management team is seasoned and experienced (7.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.3yrs | US$1.74m | 0.19% $ 1.0m | |
| Independent Director | 6.3yrs | US$140.00k | 0.059% $ 333.2k | |
| Chairman | 8.8yrs | US$286.60k | 0.72% $ 4.0m | |
| Independent Director | 19.3yrs | US$150.00k | 0.19% $ 1.1m | |
| Independent Director | 12.3yrs | US$125.00k | 0.11% $ 631.8k | |
| Independent Director | 22.3yrs | US$140.00k | 0.25% $ 1.4m | |
| Lead Independent Director | 19.2yrs | US$155.00k | 0.10% $ 570.2k | |
| Chairman Emeritus | 6.8yrs | US$498.67k | 0.32% $ 1.8m | |
| Independent Director | 2.4yrs | US$125.00k | 0.029% $ 160.0k | |
| Independent Director | 8.6yrs | US$142.50k | 0.0061% $ 34.4k | |
| Independent Director | less than a year | no data | 0.0040% $ 22.3k | |
| Independent Director | 1.3yrs | US$125.00k | 0.019% $ 106.6k |
7.7yrs
Average Tenure
61.5yo
Average Age
Experienced Board: CPF's board of directors are considered experienced (7.7 years average tenure).