Central Pacific Financial CEO Paul Yonamine's 2020 pay falls 41% to $1.5M

Central Pacific Financial reports 2020 executive compensation

By ExecPay News

Published: March 10, 2021

Central Pacific Financial reported fiscal year 2020 executive compensation information on March 10, 2021.
In 2020, five executives at Central Pacific Financial received on average a compensation package of $1.1M, a 5% decrease compared to previous year.
Average pay of disclosed executives at Central Pacific Financial
Paul K. Yonamine, Chief Executive Officer, received $1.5M in total, which decreased by 41% compared to 2019. 39% of Yonamine's compensation, or $563K, was in salary. Yonamine also received $422K in non-equity incentive plan, $450K in stock awards, as well as $20K in other compensation.
For fiscal year 2020, the median employee pay was $61,648 at Central Pacific Financial. Therefore, the ratio of Paul K. Yonamine's pay to the median employee pay was 24 to one.
A. Catherine Ngo, President, received a compensation package of $1.2M, which increased by 5% compared to previous year. 41% of the compensation package, or $500K, was in salary.
Kevin V. Dahlstrom, Chief Marketing Officer, earned $1M in 2020.
David S. Morimoto, Chief Financial Officer, received $804K in 2020, which increases by 10% compared to 2019.
Arnold D. Martines, Executive Vice President, Chief Banking Officer, earned $774K in 2020, a 14% 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

Kevin Dahlstrom

Central Pacific Financial

Chief Marketing Officer

Arnold Martines

Central Pacific Financial

Executive Vice President, Chief Banking Officer

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Source: SEC filing on March 10, 2021.