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Central Pacific Financial Announces Key Executive Promotions

Story Highlights
  • Central Pacific Financial Corp. promoted David Morimoto and Dayna Matsumoto to key executive roles.
  • These appointments aim to align the executive team with strategic objectives and enhance leadership depth.
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Central Pacific Financial Announces Key Executive Promotions

The latest announcement is out from Central Pacific Financial ( (CPF) ).

On February 25, 2025, Central Pacific Financial Corp. and Central Pacific Bank announced the promotion of David Morimoto to Vice Chairman and Chief Operating Officer, and Dayna Matsumoto to Executive Vice President and Chief Financial Officer, effective March 1, 2025. These appointments are part of the company’s strategy to align its executive team with strategic, financial, and business objectives, enhancing leadership depth and experience. Morimoto, with over 30 years at the bank, and Matsumoto, with 18 years, bring extensive experience to their new roles, which is expected to positively impact the company’s operations and strategic positioning.

More about Central Pacific Financial

Central Pacific Financial Corp. is a Hawaii-based bank holding company with approximately $7.47 billion in assets as of December 31, 2024. Its primary subsidiary, Central Pacific Bank, operates 27 branches and 55 ATMs in the State of Hawaii. The company is publicly traded on the New York Stock Exchange under the symbol ‘CPF.’

YTD Price Performance: 5.41%

Average Trading Volume: 217,746

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $780.3M

See more insights into CPF stock on TipRanks’ Stock Analysis page.

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