John C. Dean is a seasoned finance expert with a notable history as the CEO of Central Pacific Financial Corporation and its subsidiary, Central Pacific Bank. Born on August 15, 1953, he has significant experience leading financial institutions. He took...

John C. Dean is a seasoned finance expert with a notable history as the CEO of Central Pacific Financial Corporation and its subsidiary, Central Pacific Bank. Born on August 15, 1953, he has significant experience leading financial institutions. He took on the CEO role in 2011, transitioning from being Executive Chairman. In 2019, he announced his retirement, marking the end of an impressive tenure. What's particularly interesting about Dean's time in charge is his focus on performance-based incentives instead of traditional bonuses. For instance, in 2013, he earned a bonus of $288,288 due to surpassing performance targets. His overall compensation varied, reflecting the company’s performance and strategic goals, with a total of $893,594 reported in 2014 while his salary alone dropped to $265,625 by 2015 due to changing compensation philosophies. On the investment side, Dean's insider trading activity is notable; in late 2019, he made several significant trades, including one valued at approximately $1.94 million. This suggests a strong belief in the company’s future, further reflecting his financial acumen. Overall, his journey through ups and downs tells a compelling story of leadership in finance and strategic decision-making that connects executive compensation to company performance.