Form 4: Director Paul Yonamine Departs Central Pacific Financial Board
Director Departure Notification
Paul K. Yonamine's directorship at Central Pacific Financial Corp. concluded effective November 6, 2025, ending his Section 16 reporting obligations.
Summary
- Paul K. Yonamine's position as a director of Central Pacific Financial Corp. (CPF) ended effective November 6, 2025.
- As a result of his departure, Mr. Yonamine is no longer subject to Section 16 of the Securities Exchange Act of 1934.
- He will no longer be required to report transactions in CPF equity securities on Form 4 or Form 5.
Sentiment
Score: 5
Explanation: The filing is neutral, reporting a routine change in directorship without any disclosed positive or negative implications for the company's operations or financial health.
Future Outlook
N/A
Industry Context
Director departures are a routine aspect of corporate governance in the financial industry, often occurring due to retirement, term limits, or pursuit of other opportunities. This announcement does not provide specific context linking it to broader industry trends or competitive dynamics.
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
| Director | Paul K. Yonamine | N/A | 11/06/2025 | End of directorship |
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Board Composition Change | Paul K. Yonamine's directorship at Central Pacific Financial Corp. concluded, altering the board's composition. | 11/06/2025 | This is a routine change in board composition; the filing does not provide information to assess broader governance impacts beyond the individual's departure. |
Stakeholder Impact
- Shareholders: May observe a change in board expertise or perspective with the departure of a director.
- Employees: No direct impact indicated by this filing.
- Customers: No direct impact indicated by this filing.
Next Steps
- Central Pacific Financial Corp. may announce a replacement director in due course, if applicable.
Key Dates
| Date | Description |
|---|---|
| 06/27/2017 | Paul Yonamine signed the Power of Attorney authorizing company officers to file Section 16 reports on his behalf. |
| 11/06/2025 | Effective date of Paul K. Yonamine's departure as a director from Central Pacific Financial Corp. |
| 11/17/2025 | Date the Form 4 was signed by Stacey Rocha, attorney-in-fact for Mr. Yonamine. |
Recommendation
holdThe filing reports a routine change in corporate governance with the departure of a director. There are no disclosed financial or operational details that would warrant a change in investment recommendation based solely on this information. Investors should hold their position and monitor for further announcements regarding board composition or strategic direction.
Keywords
Central Pacific Financial Corp, CPF, Paul Yonamine, Director Departure, SEC Form 4, Corporate Governance, Board Change
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