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AI brief of an SEC Form 8-K · Central Pacific Financial (CPF)

Central Pacific Financial adds Diane Paloma to board; HDS CEO, $125,000 retainer

Neutral Impact 2 of 5 leadership Written later

Central Pacific Financial Corp. appointed Dr. Diane S.L. Paloma, President and CEO of Hawaii Dental Service (HDS), to the boards of the company and Central Pacific Bank, effective January 28, 2025, and increased both boards to twelve directors. The filing also discloses that the bank paid approximately $390,000 to HDS in 2024 for its employee dental plan, and states that Dr. Paloma has no involvement in the bank's negotiation of that plan.

Key points

  • Dr. Diane S.L. Paloma appointed to both boards effective January 28, 2025; board size increased to twelve directors
  • Annual retainer of $125,000 for serving on both boards, consistent with other non-employee directors who do not chair committees
  • Dr. Paloma to serve on the Bank's Board Trust Committee
  • Bank paid approximately $390,000 to HDS in 2024 for its employee dental plan

The filing

CompanyCentral Pacific Financial (CPF)
Form8-K, current report
Filed with the SECJan 28, 2025, 5:37 PM ET
Accession number0000701347-25-000003

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:59 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 28, 2025.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.