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.
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.
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Paul Yonamine
Central Pacific Financial
Chief Executive Officer
A Ngo
Central Pacific Financial
President
David Morimoto
Central Pacific Financial
Chief Financial Officer
Kevin Dahlstrom
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Arnold Martines
Central Pacific Financial