Central Pacific Financial CEO Paul Yonamine's 2019 pay jumps 763% to $2.5M
Central Pacific Financial reports 2019 executive compensation
By ExecPay News
Published: March 9, 2020
Central Pacific Financial reported fiscal year 2019 executive compensation information on March 9, 2020.
In 2019, five executives at Central Pacific Financial received on average a compensation package of $1.1M, a 98% increase compared to previous year.
Average pay of disclosed executives at Central Pacific Financial
Paul K. Yonamine, Chief Executive Officer, received $2.5M in total, which increased by 763% compared to 2018. 59% of Yonamine's compensation, or $1.4M, was in stock awards. Yonamine also received $422K in non-equity incentive plan, $566K in salary, as well as $35K in other compensation.
For fiscal year 2019, the median employee pay was $62,237 at Central Pacific Financial. Therefore, the ratio of Paul K. Yonamine's pay to the median employee pay was 40 to one.
A. Catherine Ngo, President, received a compensation package of $1.2M, which increased by 8% compared to previous year. 42% of the compensation package, or $487K, was in salary.
David S. Morimoto, Chief Financial Officer, earned $733K in 2019, a 17% increase compared to previous year.
Arnold D. Martines, Group Executive Vice President, Revenue, received $682K in 2019, which increases by 48% compared to 2018.
David W. Hudson, Executive Vice President Community Banking, earned $477K in 2019, a 3% increase compared to previous year.
Related executives
Paul Yonamine
Central Pacific Financial
Chief Executive Officer
A Ngo
Central Pacific Financial
President
David Morimoto
Central Pacific Financial
Chief Financial Officer
Arnold Martines
Central Pacific Financial
Executive Vice President, Chief Banking Officer
David Hudson
Central Pacific Financial
Executive Vice President Community Banking
You may also like
Source: SEC filing on March 9, 2020.