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.
- Salary
- Stock
- Options
- Non-Equity Incentive
- Bonus
- Change in Pension Value & NQDC
- Other
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