David S. Morimoto

2019

In 2019, David S. Morimoto earned a total compensation of $733K as Executive Vice President, Chief Financial Officer & Treasurer at Central Pacific Financial, a 17% increase compared to previous year.

Compensation breakdown

Change in Pension Value and Nonqualified Deferred Compensation Earnings$18,021
Non-Equity Incentive Plan$180,000
Salary$350,000
Stock Awards$174,983
Other$9,999
Total$733,003

Morimoto received $350K in salary, accounting for 48% of the total pay in 2019.

Morimoto also received $18K of change in pension value and nonqualified deferred compensation earnings, $180K in non-equity incentive plan, $175K in stock awards and $10K in other compensation.

Rankings

In 2019, David S. Morimoto's compensation ranked 10,541st out of 13,971 executives tracked by ExecPay. In other words, Morimoto earned more than 24.6% of executives.

ClassificationRankingPercentile
All
10,541
out of 13,971
25th
Division
Finance, Insurance, And Real Estate
2,038
out of 2,901
30th
Major group
Depository Institutions
659
out of 1,223
46th
Industry group
Commercial Banks
567
out of 1,011
44th
Industry
State Commercial Banks
310
out of 627
51st

Pay ratio

David S. Morimoto's Pay$733,003
Median Employee's Pay$62,237
Pay Ratio

12

to 1

In 2019, the annual total compensation of David S. Morimoto was $733,003.

The annual total compensation of the median employee at Central Pacific Financial was $62,237.

The ratio of David S. Morimoto's pay to the pay of median employee was therefore 12 to one.

Source: SEC filing on March 9, 2020.

Morimoto's colleagues

We found four more compensation records of executives who worked with David S. Morimoto at Central Pacific Financial in 2019.

2019

Paul Yonamine

Central Pacific Financial

Chief Executive Officer

2019

A Ngo

Central Pacific Financial

President

2019

Arnold Martines

Central Pacific Financial

Group Executive Vice President, Revenue

2019

David Hudson

Central Pacific Financial

Executive Vice President Community Banking

News

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