Central Pacific Financial Appoints John C. Dean as Executive Chairman

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Central Pacific Financial Corp. (NYSE: CPF) the parent company of Central Pacific Bank, has appointed John C. Dean as its Executive Chairman of the Board. Dean will assume his position as Executive Chairman immediately. Ronald K. Migita, will retire from his position as President and CEO and also step down as Chairman of the Board upon Dean’s appointment, and will remain a director of the holding company and the bank.

Central Pacific Financial Corp. is a Hawaii-based bank holding company with $4.9 billion in assets. Central Pacific Bank, its primary subsidiary, operates 37 branches and approximately 100 ATMs throughout Hawaii.

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