Central Pacific Financial (NYSE: CPF) shifts executive officer designations

Rhea-AI Filing Summary

Central Pacific Financial Corp. reported a change in how certain senior leaders are classified under U.S. securities rules. Effective September 1, 2025, Anna Hu (Executive Vice President, Chief Credit Officer), Diane Murakami (Executive Vice President, Commercial Markets), and Kisan Jo (Executive Vice President, Retail & Wealth Markets) will no longer be treated as “executive officers” of the company for Exchange Act and Regulation S-K purposes, or as “officers” under Section 16.

All three executives will keep their current roles at Central Pacific Bank, the company’s bank subsidiary, and will continue serving on the bank’s Managing Committee. The change reflects a realignment of officer roles at the holding company level rather than a departure from their operating responsibilities at the bank.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of report (Date of earliest event reported): August 25, 2025

Central Pacific Financial Corp.

(Exact name of registrant as specified in its charter)

 

Hawaii

001-31567

99-0212597

(State or other jurisdiction of incorporation)

(Commission File Number)

(I.R.S. Employer Identification No.)

220 South King Street, Honolulu, Hawaii

(Address of principal executive office)

96813

(Zip Code)

(808) 544-0500

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol

Name of each exchange on which registered

Common stock, no par value

CPF

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements with Certain Officers

Effective September 1, 2025, as part of a realignment of Central Pacific Financial Corp. ("Company") officers, Anna Hu (Executive Vice President, Chief Credit Officer), Diane Murakami (Executive Vice President, Commercial Markets), and Kisan Jo (Executive Vice President, Retail & Wealth Markets) will each no longer be an "executive officer" of the Company for purposes of the Securities Exchange Act of 1934, as amended, or Regulation S-K, or an "officer" for purposes of Section 16 of the Exchange Act; however each will continue to serve in these same positions they currently hold at Central Pacific Bank ("CPB"), the Company’s bank subsidiary, and will continue to serve on CPB's Managing Committee.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

									Central Pacific Financial Corp.
									(Registrant)
Date:			August 25, 2025			By:			/s/ Glenn K.C. Ching
									Glenn K.C. Ching
									Executive Vice President, Chief Legal Officer and Corporate Secretary

FAQ

What executive changes did Central Pacific Financial Corp. (CPF) disclose?

Central Pacific Financial Corp. disclosed that, effective September 1, 2025, Anna Hu, Diane Murakami, and Kisan Jo will no longer be considered “executive officers” of the company under the Exchange Act, Regulation S-K, or Section 16, as part of an officer realignment.

Do the affected CPF executives lose their roles at Central Pacific Bank?

No. The filing states that all three executives will continue in the same positions at Central Pacific Bank and will remain on the bank’s Managing Committee despite no longer being classified as executive officers at the holding-company level.

When do the officer status changes at CPF become effective?

The change in officer classification for Anna Hu, Diane Murakami, and Kisan Jo becomes effective on September 1, 2025, according to the report.

Are any of the CPF executives resigning or leaving the company?

The disclosure does not indicate any resignations. It specifies that the executives will no longer be “executive officers” of Central Pacific Financial Corp. but will continue their roles at Central Pacific Bank and on its Managing Committee.

How does this 8-K affect Section 16 reporting for CPF insiders?

The filing states that, effective September 1, 2025, the three named executives will no longer be considered “officers” for Section 16 of the Exchange Act, which means they will no longer be subject to Section 16 officer reporting requirements at the company level.

Why did CPF change the executive officer classification of these leaders?

The company explains that the change is part of a realignment of officers at Central Pacific Financial Corp. It does not provide additional detail on strategic reasons beyond this realignment.