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United States

Central Pacific Financial Corp (CPF.N)

CPF.N on New York Stock Exchange

30.41USD
15 Dec 2017
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Summary

Name Age Since Current Position

John Dean

69 2015 Executive Chairman of the Board of the Company and the Bank

Agnes Ngo

56 2015 President, Chief Executive Officer, Director of the Company and the Bank

David Morimoto

49 2015 Chief Financial Officer, Executive Vice President

Lee Moriwaki

58 2015 Executive Vice President, Chief Information Officer

Wayne Kirihara

62 2016 Executive Vice President, Chief Marketing Officer

Patricia Foley

58 2016 Executive Vice President, Division Manager, Human Resources

Glenn Ching

58 2016 Executive Vice President, Chief Legal Officer and Division Manager of Risk Management, Corporate Secretary

Blenn Fujimoto

58 2014 Executive Vice President, Specialized Markets Division Manager,

Anna Hu

43 2016 Executive Vice President, Chief Credit Officer

David Hudson

58 2011 Executive Vice President - Community Banking Manager of the Company and the Bank

Denis Isono

65 2016 Executive Vice President, Corporate Services

Arnold Martines

52 2016 Executive Vice President, Commercial Markets Division Manager

Crystal Rose

59 2014 Lead Independent Director of the Company and the Bank

Paul Yonamine

59 2017 Director

Christine Camp

50 2004 Independent Director

Earl Fry

58 2005 Independent Director

Wayne Kamitaki

65 2015 Independent Director of the Company and the Bank

Paul Kosasa

59 2002 Independent Director

Duane Kurisu

63 2012 Independent Director

Colbert Matsumoto

64 2004 Independent Director

Saedene Ota

48 2015 Independent Director

Biographies

Name Description

John Dean

Mr. John C. Dean is Executive Chairman of the Board of the Central Pacific Financial Corp., parent company of Central Pacific Bank. He is no longer Chairman of the Board, Chief Executive Officer of the Company and the Bank effective June 1, 2014. From June 2010 through April 20, 2011, Mr. Dean served as the Executive Chairman and a Director of the Company and the Bank. Previously, Mr. Dean has served in various capacities in the banking industry for thirty years (30), including as the Chief Executive Officer and then Chairman of the Board of Silicon Valley Bancshares and Silicon Valley Bank, the President and Chief Executive Officer of Pacific First Bank, the Chairman and Chief Executive Officer of First Interstate Bancorp and First Interstate Bank of Washington, the Chairman and Chief Executive Officer of First Interstate Bank of Oklahoma and as an executive of First Interstate System, Inc., National Funding Corporation and Bank of America. Since 2003, Mr. Dean has been the managing general partner of Startup Capital Ventures and has served as managing director of Tuputele Ventures Fund, a small private equity firm investing in early-stage technology companies and venture capital funds. Mr. Dean is a graduate of the Wharton School of the University of Pennsylvania, with an MBA in Finance, and currently serves as an advisor to the board of the Wharton School.

Agnes Ngo

Ms. Agnes Catherine Ngo is President, Chief Executive Officer, Director of the Company and the Bank, a Subsidiary of the Bank. She is no longer Chief Operating Officer of the Company and the Bank effective June 1, 2014. Ngo will oversee all aspects of the company's non-line operations, including the administrative, operational and risk management functions. She is currently Executive Vice President and Chief Administrative Officer responsible for the administrative oversight and the delivery of support services, including legal and compliance, human resources, marketing, product and channel management, loan operations, information security, audit and credit review. Ngo has been with CPF since 2010 and has over 20 years of executive experience in the banking and private equity industries, including EVP and General Counsel of Silicon Valley Bank, Chief Operating Officer of Silicon Valley Bank's investment subsidiary, Alliant Partners, and founding General Partner of venture capital firm Startup Capital Ventures. Ngo is a graduate of the University of Virginia and the University of Virginia School of Law. She currently serves as board trustee of the University of Hawaii Foundation and as director on the boards of Enterprise Honolulu, Pacific Asian Center for Entrepreneurship, and The Nature Conservancy of Hawaii.

David Morimoto

Mr. David S. Morimoto is Executive Vice President, Chief Financial Officer of the Central Pacific Financial Corp, and parent company of Central Pacific Bank. He has been with the Company since 1991 and currently serves as Senior Vice President and Treasurer. He is responsible for the Bank's asset/liability management, investment portfolio management, debt and capital management, liquidity management, and investor relations. Morimoto is a graduate of the University of Hawaii with a degree in Finance, and received his Master of Business Administration from Chaminade University. His current affiliations include serving as director of the Institute for Human Services and director of the Hawaii Council of Economic Education.

Lee Moriwaki

Mr. Lee Y. Moriwaki is Executive Vice President, Chief Information Officer of the Company and the Bank. As CIO, Mr. Moriwaki is responsible for the Company-wide strategic direction and management of technology and Bank operations, which includes managing computer and network operations, loan and deposit operations, and the Bank’s customer service center. Mr. Moriwaki has been with the Bank since 2011 and has more than thirty (30) years of experience in the banking industry. He has a diverse background in retail banking, retail brokerage, finance, investments, operations and information technology. He previously served as the Bank’s Senior Vice President and Manager, Loan and Deposit Operations. Prior to joining the Bank, Mr. Moriwaki served as Senior Executive Vice President and a Managing Committee Member at Bank of Hawaii where he began his banking career in 1981. His management experience includes mortgage and consumer lending, bank operations and call center, electronic banking, investment services and trust, treasury and finance and computer operations and programming. Mr. Moriwaki has been instrumental in streamlining and improving processes in the Bank’s Loan Operations Division. He has experience managing

Wayne Kirihara

Mr. Wayne H. Kirihara is Executive Vice President, Chief Marketing Officer of the Central Pacific Financial Corp, and parent Company of Central Pacific Bank. prior to that he had been the Bank’s Chief Marketing Officer since March 2010. Additionally, Mr. Kirihara has been with the Bank for twenty-six (26) years in various management capacitites. As Chief Marketing Officer, Mr. Kirihara oversees the corporate communications, marketing, product management, and electronic banking channels areas of the Company and Bank. In aggregate at the Bank, Mr. Kirihara has twenty-one (21) years of experience managing marketing and corporate communications, thirteen (13) years of experience managing product development, and eleven (11) years of experience managing electronic banking. Mr. Kirihara previously managed the Retail Banking Group of the Bank for eight (8) years, overseeing branch operations, consumer loan center, marketing, electronic banking, merchant services, and product development. Mr. Kirihara began his career at the Bank planning and implementing special projects, and later as a commercial loan officer.

Patricia Foley

Ms. Patricia (“Patty”) L. Foley is Executive Vice President, Division Manager, Human Resources of the Company and the Bank effective June 1, 2014, and has held various managerial positions within the Bank’s Human Resources Division since her arrival to the Bank in July 2008. Ms. Foley is an experienced human resources professional with twenty-five (25) years in the field, and was prior to joining the Bank, Corporate Director of Human Resources for Outrigger Hotels and Resorts (“Outrigger”), a Hawaii-based family owned business with over 3,000 employees worldwide. During her eighteen (18) years at Outrigger, Ms. Foley actively supported the growth of Outrigger from a Oahu-based employer focused on managing it's owned properties to a world-wide diversified organization managing contracts for other hotel owners and expansion in to the timeshare and condominium management business. Ms. Foley is recognized in the local Human Resources industry for her progressive management of health care expense through a focus on the health and well-being of employees.

Glenn Ching

Mr. Glenn K.C. Ching is Executive Vice President, Chief Legal Officer and Division Manager of Risk Management, Corporate Secretary of the Central Pacific Financial Corp, and parent company of Central Pacific Bank. Ching joined CPB in 2002 as legal counsel, and has worked in the financial services industry in the Legal and Compliance areas since 1992. He was previously in private law practice with the firm of Ashford & Wriston in Honolulu, Hawaii , specializing in real estate and banking law. Ching also served in the United States Air Force and held the officer's rank of captain. A graduate of the United States Air Force Academy , Ching also received his Masters of Business Administration from the University of North Dakota , Juris Doctorate from the University of Hawaii School of Law, and is a licensed attorney in the State of Hawaii. Ching also serves as a director and executive committee member of the Better Business Bureau of Hawaii .

Blenn Fujimoto

Mr. Blenn A. Fujimoto Executive Vice President, Specialized Markets Division Manager, of the Central Pacific Financial Corp, and parent Company of Central Pacific Bank. Mr. Fujimoto has over thirty (30) years of banking experience in the Hawaii market. Before joining the Company and the Bank, Mr. Fujimoto was employed by Bank of Hawaii ($10 billion in assets) for nineteen (19) years and held various management positions to include Vice President, District Manager. Mr. Fujimoto was first employed by the Bank in 2000 as Senior Vice President, and Retail Division Manager. Mr. Fujimoto is a graduate of the Pacific Coast Banking School. This individual was also an executive officer of the Bank, which is subject to a Consent Order, effective December 8, 2009, by the Federal Deposit Insurance Corporation and Hawaii Division of Financial Institutions, relating to various deficiencies by the Bank, which the Bank is currently working on addressing.

Anna Hu

Ms. Anna M. Hu is Executive Vice President, Chief Credit Officer of the Central Pacific Financial Corp, and parent Company of Central Pacific Bank. Senior Vice President, Interim Chief Credit Officer, Central Pacific Financial Corp. and Central Pacific Bank (8/28/2015-9/30/2016); Senior Vice President, Credit Administration Division Manager, Central Pacific Bank (3/30/2015—8/27/2015); Vice President, Corporate Banking Relationship Manager, Bank of Hawaii (12/28/2009-3/27/2015

David Hudson

Mr. David W. Hudson is Executive Vice President - Community Banking of Central Pacific Financial Corp and Central Pacific Bank. Prior to his appointment, Mr. Hudson was Senior Vice President, Community Banking Division Manager for the Bank. As Community Banking Division Manager, Mr. Hudson oversees the Bank's entire branch network, comprising thirty-five (35) branches throughout the State of Hawaii, to include branches on the islands of Oahu, Hawaii, Maui, and Kauai. Mr. Hudson has more than thirty (30) years of experience in the finance industry in Hawaii and California. He started his banking career in corporate, international and commercial real estate lending with Crocker National and First Nationwide banks. More recently, Mr. Hudson's career has focused on retail and branch banking. Prior to joining the Bank in 2009, Mr. Hudson spent six (6) years as Senior Vice President of the consumer and business banking division of Hawaii-based American Savings Bank. In addition, Mr. Hudson has also served at Honfed Bank and Bank of America in Hawaii and California in various positions from process design executive to consumer region executive.

Denis Isono

Mr. Denis K. Isono is Executive Vice President, Corporate Services of the Central Pacific Financial Corp, and parent company of Central Pacific Bank. Mr. Isono has over forty-one (41) years of banking and financial experience in the Hawaii market. Before joining the Company and the Bank, Mr. Isono was employed by Bank of Hawaii for eighteen (18) years and held various senior management positions to include Executive Vice President, Operations, and Senior Vice President, Controller. In addition, Mr. Isono also began his banking career at City Bank where he worked for six (6) years. Mr. Isono is a Certified Public Accountant, Certified Management Accountant, Certified Bank Auditor, Certified Internal Auditor, and a graduate of the Stanford University Executive Program and the University of Hawaii Advanced Management Program. Mr. Isono also spent six (6) years with Ernst & Ernst, and held the position of Audit Supervisor.

Arnold Martines

Mr.Arnold D Martines is Executive Vice President, Commercial Markets Division Manager of the Central Pacific Financial Corp, and parent Company of Central Pacific Bank. Prior to his appointment, Mr. Martines was Senior Vice President, Commercial Real Estate Lending Division Manager of the Bank. As Commercial Real Estate Lending Division Manager, Mr. Martines oversees the Bank’s construction and income property loan portfolios. Mr. Martines has over nineteen (19) years of banking experience. Mr. Martines started his banking career in 1995 as an Assistant Branch Manager at Bank of Hawaii. He subsequently took on increasing responsibility in both line and credit management roles for small business, middle market and corporate lending before joining the Bank in February 2004 as Vice President and Portfolio Management Approval Manager where he oversaw commercial and industrial loan approvals for the Bank. Mr. Martines also served as the Bank’s Senior Vice President, Community Banking Division Manager and Senior Vice President, Chief Credit Administrator before he was appointed to lead the Bank’s Commercial Real Estate Lending Division in March 2011. Prior to his banking career, Mr. Martines was employed with HPM Building Supply for eight (8) years serving in various sales and management roles.

Crystal Rose

Ms. Crystal K. Rose, J.D., is Lead Independent Director of the Company and the Bank effective June 1, 2014. Ms. Rose is a named partner in the law firm of Bays Lung Rose & Holma, and has been actively practicing law for thirty-two (32) years, specializing in the areas of real estate, trust and commercial litigation, commercial real estate transactions, trusts and estates, and construction law. Ms. Rose has been a director of Hawaiian Holdings, Inc. (a publicly traded company listed on NASDAQ, and the parent company of Hawaiian Airlines, Inc.) since June 2006, and serves as Chair of the Compensation Committee, and is a member of the Governance and Nominating Committee and the Executive Committee of its Board of Directors.

Paul Yonamine

Mr. Paul Yonamine serves as Director of the company. He is an executive advisor and board member of IBM Japan, Ltd. Mr. Yonamine was Country General Manager and President of IBM Japan, Ltd. from April 2010 through March 31, 2017.

Christine Camp

Ms. Christine H. H. Camp is Independent Director of Central Pacific Financial Corp. Ms. Camp has over twenty-four (24) years experience in real estate, and her company Avalon Group, is a full service real estate company which provides detailed financial and market analysis to a wide range of investors involved in various real estate transactions and development scenarios, and also real estate brokerage, market and financial consulting. Prior to establishing Avalon Group, Ms. Camp was Vice President of Development at A&B Properties, Inc., a subsidiary of Alexander & Baldwin, Inc. (a publicly traded company listed on the NYSE), and was in charge of that company's real estate development and investment acquisition activities. Ms. Camp also was the Senior Project Coordinator of Planning and Engineering at Castle & Cooke Properties, Inc., where she handled site acquisition and development of non-company owned properties. Ms. Camp's real estate, financial, and public company knowledge and experience gained from her prior and current positions, makes her a valuable resource to the Board and management in many areas, but particularly in connection with the Company's real estate lending and other real estate related activities, to include the evaluation of real estate related risks, investments, opportunities, and asset management oversight.

Earl Fry

Mr. Earl E. Fry is Independent Director of Central Pacific Financial Corp. For the last fourteen (14) years, Mr. Fry has served as Chief Financial Officer of Informatica Corporation (a publicly traded company listed on NASDAQ), a company which provides data integration software and services and which has reported annual revenue in excess of $900 million. As Chief Financial Officer of Informatica Corporation, Mr. Fry has effected, among other things, numerous major capital and financial transactions, to include credit lines, equity offerings, convertible rate issuances, stock/bond buyback plans, over fifteen (15) technology acquisitions, and he has established development and support centers in Bangalore, India, Dublin, Ireland, and Tel Aviv, Israel, and he established Informatica's enterprise risk management program. In addition, Mr. Fry also oversees and manages the Global Customer Support, Consulting Services, Human Resources, Legal and Contracts Administration, Information Technology, Investor Relations and Finance areas of Informatica Corporation. Prior to joining Informatica Corporation, Mr. Fry was Chief Financial Officer of Omnicell Technologies, Inc. (a publicly traded company listed on NASDAQ) for four (4) years, Chief Financial Officer of C.ATS Software, Inc. for two (2) years, Chief Financial Officer of Weitek Corporation for three (3) years, and also served at other technology companies in various finance and other capacities. Mr. Fry began his professional career at Ernst & Whinney, CPAs (now known as Ernst & Young), where he held the position of Senior Auditor. Mr. Fry is a graduate of the Stanford Graduate School of Business. Mr. Fry was voted Software Chief Financial Officer of the Year by Institutional Investor in 2010, 2011, 2012 and 2013.

Wayne Kamitaki

Mr. Wayne Kamitaki is Independent Director of the Central Pacific Financial Corp., parent company of Central Pacific Bank., effective September 16, 2015. Mr. Kamitaki is CEO of Maui Varieties, Ltd., a holding company, which through various subsidiaries, owns and operates Ace Hardware and Ben Franklin Crafts stores throughout the State of Hawaii, and in the States of Washington and Oregon, and Las Vegas, Nevada, and owns, operates and/or invests in numerous other commercial business ventures. Mr. Kamitaki, who resides on the Island of Hawaii, is Chairman of the Board of the Hawaii Japanese Center (Hilo), and also serves on the Board of the Hawaii Academy of Science and on the Board of Governors of the Japanese Cultural Center of Hawaii.

Paul Kosasa

Mr. Paul J. Kosasa is Independent Director of Central Pacific Financial Corp. Mr. Kosasa has been President and Chief Executive Officer of MNS Ltd., doing business and more commonly known as ABC Stores, for the past fifteen (15) years, and has been with ABC Stores for thirty- four (34) years. As President and Chief Executive Officer of ABC Stores, Mr. Kosasa oversees a Hawaii-based retail convenience store operation with a major presence in Waikiki and other tourist locations throughout the Hawaiian Islands, as well as in other locations outside of Hawaii, such as Guam, Saipan, and Las Vegas, Nevada. As President and Chief Executive Officer of a sizable retail store chain which primarily serves the tourist industry, one of the largest industries in Hawaii, Mr. Kosasa provides the Board and Company with significant business and management knowledge and experience in all aspects of a business operation, which includes business strategy and planning, financial management and budgeting, employee compensation and benefits, labor, marketing, advertising, and real estate, among other business expertise. In addition, Mr. Kosasa provides a link and close connection to the Hawaii tourism industry, one of Hawaii's most profitable economic engines, and which provides a valuable source of banking business with respect to Hawaii businesses who support the Hawaii tourism industry, as well as retail customers from outside Hawaii who require or may desire Hawaii banking services.

Duane Kurisu

Mr. Duane K. Kurisu is Independent Director of Central Pacific Financial Corp. Mr. Kurisu was formerly a director of the Company from September 2004 through May 2008, and was reappointed to the Company's Board of Directors on January 25, 2012, on recommendation of the Company's President and Chief Executive Officer John C. Dean, on recommendation of the Company's Governance Committee, and with the unanimous approval of the Company's Board. Mr. Kurisu has served on the Board of Directors of the Bank since September 2004. Mr. Kurisu is involved in numerous and varied businesses and industries in Hawaii including, among others: (i) real estate—investment, ownership and management of office buildings, shopping centers and industrial parks in Hawaii; (ii) media—owner and publisher of a number of Hawaii magazines, newspapers and publications, development and consulting, radio; (iii) sports—professional baseball, sports equipment; (iv) food—bakery, restaurants, nutraceuticals. He is the Chairman, Chief Executive Officer and owner of aio, LLC, a holding company for brands focused on Hawaii and the Pacific in the areas of media, sports and food. He is also owner, a Director and Vice President of Hawaii Winter Baseball, Inc. (professional baseball), owner, a Director and Vice President of Nutricopia, Inc. (nutraceuticals), owner, Manager and Chief Executive Officer of PacificBasin Communications, LLC (publishing), and part owner and a Manager of K&F 1984 LLC (real estate). Mr. Kurisu serves on numerous Boards, to include, Island Holdings, Inc., Oahu Publications, Inc., and Tradewind Capital Group, Inc., and he also served as a Regent of the University of Hawaii.

Colbert Matsumoto

Mr. Colbert M. Matsumoto is Independent Director of Central Pacific Financial Corp. Mr. Matsumoto is the Chairman of the Board and Chief Executive Officer of Island Insurance Company, Ltd., Hawaii's largest locally owned and managed property and casualty insurance company, and has served in that capacity since 1999. Mr. Matsumoto is also the Chairman of the Board and President of Island Holdings, Inc., a corporate holding company. Mr. Matsumoto also serves as President and a director of Tradewind Capital Group, Inc., an investment and asset management company. Mr. Matsumoto is also an attorney (presently on inactive status), has been a member of the Hawaii State Bar Association for over thirty-six (36) years, and was a partner with the law firm of Fujiyama Duffy & Fujiyama until 1994 when he established his own law firm named Matsumoto LaFountaine & Chow until departing that firm to join Island Insurance Company, Ltd.

Saedene Ota

Ms. Saedene Ota is Independent Director of the Central Pacific Financial Corp., parent company of Central Pacific Bank., effective September 16, 2015. Ms. Ota is owner and creative director of Sae Design, Inc., a graphic design and visual marketing agency headquartered on the Island of Maui, and is also principal owner and manager of Maui Thing LLC, a lifestyle apparel company. In her over twenty-two (22) year career, Ms. Ota has received numerous design, graphics and marketing rewards and recognition. Ms. Ota, who resides on the Island of Maui, serves on the boards of the Chamber of Commerce of Hawaii, Maui Economic Development Board, Nissei Veterans Memorial Center, and Wailuku Community Association.

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