Central Pacific

Christine Camp Stepping Down From Central Pacific Financial and Central Pacific Bank Boards of Directors

Retrieved on: 
Wednesday, March 6, 2024

After 20 years of faithful service, Christine Camp, president and CEO of the Avalon Group, has decided to step down from the boards of Central Pacific Financial (CPF) and Central Pacific Bank (CPB), effective immediately.

Key Points: 
  • After 20 years of faithful service, Christine Camp, president and CEO of the Avalon Group, has decided to step down from the boards of Central Pacific Financial (CPF) and Central Pacific Bank (CPB), effective immediately.
  • Camp has a long tenure with the bank, having served on the boards since 2004.
  • I’m confident that current management will lead the bank to even greater accomplishments,” Camp said.
  • In acknowledging her years of contributions, CPB President and CEO Arnold Martines said, “The advice and counsel that Christine has provided to our bank the past two decades has been invaluable.

Maui Land & Pineapple Company appoints new board members to support next chapter of growth

Retrieved on: 
Wednesday, January 3, 2024

“Catherine and Ken embody esteemed leadership and we are honored to add them to our diverse slate of Directors.

Key Points: 
  • “Catherine and Ken embody esteemed leadership and we are honored to add them to our diverse slate of Directors.
  • We look forward to their thoughtful guidance as we chart the course for a future of growth,” said Race Randle, CEO of Maui Land & Pineapple Company.
  • He is also a board member of the private equity and real estate company, Tradewind Capital.
  • With the addition of Ngo and Ota, Maui Land & Pineapple Company’s Board of Directors will be comprised of seven independent directors of diverse communities with versatile expertise.

Landmark Oceans Futures Platform Projects the Arctic, Gulf of Guinea, and Central Pacific to be among future climate-driven fisheries conflict hotspots

Retrieved on: 
Saturday, November 18, 2023

The analysis, based on global climate and fisheries models, highlights 20 regions of the world that will likely see conflict, food insecurity, or geo-political tensions over fisheries rise by 2030.

Key Points: 
  • The analysis, based on global climate and fisheries models, highlights 20 regions of the world that will likely see conflict, food insecurity, or geo-political tensions over fisheries rise by 2030.
  • These regions include the waters surrounding the Arctic Ocean, Cameroon, Syria, Ecuador, Indonesia, and Micronesia.
  • This early warning enables the international community to take bold, collaborative action on conservation and conflict prevention to foster a peaceful environment for people and nature.
  • Oceans Futures is powered by partnerships with the Environmental Defense Fund (EDF), the International Conservation Caucus Foundation (ICCF), and Ode Partners.

Central Pacific Financial Reports Third Quarter Earnings of $13.1 Million

Retrieved on: 
Wednesday, October 25, 2023

Net interest income was $51.9 million for the third quarter of 2023, which decreased by $0.8 million, or 1.5% from the previous quarter, and decreased by $3.4 million, or 6.2% from the year-ago quarter.

Key Points: 
  • Net interest income was $51.9 million for the third quarter of 2023, which decreased by $0.8 million, or 1.5% from the previous quarter, and decreased by $3.4 million, or 6.2% from the year-ago quarter.
  • Other operating income totaled $10.0 million for the third quarter of 2023, compared to $10.4 million in the previous quarter and $9.6 million in the year-ago quarter.
  • Other operating expense totaled $39.6 million for the third quarter of 2023, compared to $39.9 million in the previous quarter and $42.0 million in the year-ago quarter.
  • Net charge-offs totaled $3.9 million in the third quarter of 2023, compared to net charge-offs of $3.4 million in the previous quarter, and net charge-offs of $1.6 million in the year-ago quarter.

Global Fishing Watch and Palau Enter Partnership to Enhance Transparency in Fisheries Sector

Retrieved on: 
Thursday, September 21, 2023

NEW YORK, U.S., Sept. 21, 2023 (GLOBE NEWSWIRE) -- Global Fishing Watch welcomes a new partnership with Palau that aims to strengthen sustainable fisheries management and promote transparency as a principle of ocean governance.

Key Points: 
  • NEW YORK, U.S., Sept. 21, 2023 (GLOBE NEWSWIRE) -- Global Fishing Watch welcomes a new partnership with Palau that aims to strengthen sustainable fisheries management and promote transparency as a principle of ocean governance.
  • “By making our vessel tracking data publicly available on the Global Fishing Watch map , we hope to increase transparency and accountability of fishing activities in our waters,” said the Honorable Steven Victor, Minister of Agriculture, Fisheries, and the Environment, Palau.
  • “This partnership underscores our mutual commitment to combating illegal fishing while also signaling transparency as a powerful tool in driving responsible fishing practices.
  • Global Fishing Watch is an international nonprofit organization dedicated to advancing ocean governance through increased transparency of human activity at sea.

Central Pacific Financial Reports Second Quarter Earnings of $14.5 Million

Retrieved on: 
Wednesday, July 26, 2023

Net interest income for the second quarter of 2023 was $52.7 million, which decreased by $1.5 million, or 2.7% from the previous quarter, and decreased by $0.2 million, or 0.5% from the year-ago quarter.

Key Points: 
  • Net interest income for the second quarter of 2023 was $52.7 million, which decreased by $1.5 million, or 2.7% from the previous quarter, and decreased by $0.2 million, or 0.5% from the year-ago quarter.
  • Other operating income for the second quarter of 2023 totaled $10.4 million, compared to $11.0 million in the previous quarter and $17.1 million in the year-ago quarter.
  • Other operating expense for the second quarter of 2023 totaled $39.9 million, compared to $42.1 million in the previous quarter and $45.3 million in the year-ago quarter.
  • Net charge-offs in the second quarter of 2023 totaled $3.4 million, compared to net charge-offs of $2.3 million in the previous quarter, and net charge-offs of $1.0 million in the year-ago quarter.

Central Pacific Financial Reports Fourth Quarter Earnings of $20.2 Million and Full Year 2022 Earnings of $73.9 Million

Retrieved on: 
Wednesday, January 25, 2023

Central Pacific Financial Corp. (NYSE: CPF) (the "Company"), parent company of Central Pacific Bank (the "Bank" or "CPB"), today reported net income for the fourth quarter of 2022 of $20.2 million, compared to $16.7 million in the previous quarter and $22.3 million in the year-ago quarter.

Key Points: 
  • Central Pacific Financial Corp. (NYSE: CPF) (the "Company"), parent company of Central Pacific Bank (the "Bank" or "CPB"), today reported net income for the fourth quarter of 2022 of $20.2 million, compared to $16.7 million in the previous quarter and $22.3 million in the year-ago quarter.
  • Net interest income for the fourth quarter of 2022 was $56.3 million, an increase of $0.9 million, or 1.7% from the previous quarter, and an increase of $3.2 million, or 6.0% from the year-ago quarter.
  • Other operating income for the fourth quarter of 2022 totaled $11.6 million, compared to $9.6 million in the previous quarter and $11.6 million in the year-ago quarter.
  • Other operating expense for the fourth quarter of 2022 totaled $40.4 million, compared to $42.0 million in the previous quarter and $42.4 million in the year-ago quarter.

Global Land Survey Equipment Market Forecast to 2028 - Development of Terrestrial Laser Scanners Presents Opportunities - ResearchAndMarkets.com

Retrieved on: 
Friday, December 9, 2022

The "Land Survey Equipment Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Solution, Industry, Application and Hardware" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Land Survey Equipment Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Solution, Industry, Application and Hardware" report has been added to ResearchAndMarkets.com's offering.
  • Terrestrial laser scanners with high precision systems can work under various environmental conditions and circumstances, such as deep mines.
  • Thus, the use of terrestrial laser scanners for land surveys is one of the major factors contributing towards the land survey equipment market growth in the coming years.
  • Such projects will increase the requirement for land survey equipment, which will boost the land survey equipment market growth in SAM.

Pew Commends Fisheries Commission for 'Seminal Moment' Towards Sustainably Managing Atlantic Bluefin Tuna

Retrieved on: 
Monday, November 21, 2022

VALE DO LOBO, Portugal, Nov. 21, 2022 /PRNewswire/ -- The Pew Charitable Trusts today praised the International Commission for the Conservation of Atlantic Tunas (ICCAT) for adopting a modernized fisheries management plan for Atlantic bluefin tuna, one of the most valuable fishes in the world.

Key Points: 
  • VALE DO LOBO, Portugal, Nov. 21, 2022 /PRNewswire/ -- The Pew Charitable Trusts today praised the International Commission for the Conservation of Atlantic Tunas (ICCAT) for adopting a modernized fisheries management plan for Atlantic bluefin tuna, one of the most valuable fishes in the world.
  • Significantly, the management procedure will allow the western Atlantic population of the species to achieve a healthy level and lock in the recent recovery of the once highly depleted eastern Atlantic and Mediterranean bluefin tuna population.
  • "Atlantic bluefin, with commercial fisheries worth more than $1 billion each year, was once the poster child for overfishing.
  • "That could change when the Western and Central Pacific Fisheries Commission (WCPFC) meets 27 November-3 December in Da Nang, Vietnam.

Pew Commends Fisheries Commission for 'Seminal Moment' Towards Sustainably Managing Atlantic Bluefin Tuna

Retrieved on: 
Monday, November 21, 2022

VALE DO LOBO, Portugal, Nov. 21, 2022 /PRNewswire/ -- The Pew Charitable Trusts today praised the International Commission for the Conservation of Atlantic Tunas (ICCAT) for adopting a modernized fisheries management plan for Atlantic bluefin tuna, one of the most valuable fishes in the world.

Key Points: 
  • VALE DO LOBO, Portugal, Nov. 21, 2022 /PRNewswire/ -- The Pew Charitable Trusts today praised the International Commission for the Conservation of Atlantic Tunas (ICCAT) for adopting a modernized fisheries management plan for Atlantic bluefin tuna, one of the most valuable fishes in the world.
  • Significantly, the management procedure will allow the western Atlantic population of the species to achieve a healthy level and lock in the recent recovery of the once highly depleted eastern Atlantic and Mediterranean bluefin tuna population.
  • "Atlantic bluefin, with commercial fisheries worth more than $1 billion each year, was once the poster child for overfishing.
  • "That could change when the Western and Central Pacific Fisheries Commission (WCPFC) meets 27 November-3 December in Da Nang, Vietnam.