Central Pacific Financial CEO Paul Yonamine's 2021 pay jumps 140% to $3.5M
Central Pacific Financial reports 2021 executive compensation
By ExecPay News
Published: February 28, 2022
Central Pacific Financial reported fiscal year 2021 executive compensation information on February 28, 2022.
In 2021, five executives at Central Pacific Financial received on average a compensation package of $1.9M, a 76% increase compared to previous year.
Average pay of disclosed executives at Central Pacific Financial
Paul K. Yonamine, Chief Executive Officer, received $3.5M in total, which increased by 140% compared to 2020. 46% of Yonamine's compensation, or $1.6M, was in stock awards. Yonamine also received $1.3M in non-equity incentive plan, $607K in salary, as well as $34K in other compensation.
For fiscal year 2021, the median employee pay was $70,162 at Central Pacific Financial. Therefore, the ratio of Paul K. Yonamine's pay to the median employee pay was 50 to one.
A. Catherine Ngo, President, received a compensation package of $2M, which increased by 60% compared to previous year. 37% of the compensation package, or $722K, was in stock awards.
Kevin V. Dahlstrom, Chief Marketing Officer, earned $1.3M in 2021, a 33% increase compared to previous year.
David S. Morimoto, Chief Financial Officer, received $1.3M in 2021, which increases by 56% compared to 2020.
Arnold D. Martines, Executive Vice President, Chief Banking Officer, earned $1.2M in 2021, a 57% 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 February 28, 2022.