HONOLULU, June 8, 2011 /PRNewswire/ -- Central Pacific Bank (CPB) has appointed Glen Blackmon as Executive Vice President and Chief Information Officer (CIO). As CIO, Blackmon is responsible for the company-wide strategic direction and management of technology for new and existing products and services, and is a member of the executive management committee. Blackmon has more than 30 years of experience in multiple industries including financial services, high technology and third-party administrative business services.
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"Glen brings to the bank a wealth of proven experience and knowledge across many industries in leveraging information management for growth and profitability," said John C. Dean, President and Chief Executive Officer for Central Pacific Bank. "His role with Central Pacific will be key to our competitive positioning in a dynamic financial services industry going forward."
Blackmon worked under Dean at Silicon Valley Bank during the company's turnaround as its Chief Information Officer and Chief Financial Officer from 1993 to 1997. Prior to joining Central Pacific Bank, Blackmon, age 56, was the Managing Principal and founder of Trinity M&A Group LLC, a mergers and acquisitions advisory service and consulting firm based in Houston, Texas. He was also President and Chief Operating Officer for Internet America, Inc.
As a consultant, his assignments included managing technology procurement and implementation projects, leading strategic planning and technology planning projects for commercial banks and credit unions, and advising companies in industries as diverse as firearms manufacturing, energy, Internet services and telecommunications in mergers and acquisition activities and technology issues.
Blackmon has led seven companies, including four publicly traded, as chief executive of technology, finance, and/or operations; directed multiple successful "turnarounds" at the company and divisional levels; managed over 10 large technology implementation projects; and served as an advisor or principal in over 25 M&A and investment banking transactions.
His experience in the commercial banking sector, either in management or in consulting/advisory services, included: Silicon Valley Bank (Santa Clara, CA), First Interstate (Iowa, Wisconsin and California), Union National Bank (Tulsa, Oklahoma), Lakeside National Bank (Lake Charles, Louisiana), and Coastal Bank Group (Dickinson, Texas).
Blackmon earned a bachelor's degree in finance/economics from McNeese State University in Lake Charles, Louisiana. He currently resides in Honolulu.
About Central Pacific Bank
Central Pacific Bank is the primary subsidiary of Central Pacific Financial Corp. (NYSE: CPF), a Hawaii-based bank holding company with $4.0 billion in assets. Central Pacific Bank operates 34 branches, 120 ATMs, and a residential mortgage subsidiary in the state of Hawaii. For more information, please visit the Company's website at http://www.centralpacificbank.com.
SOURCE Central Pacific Financial Corp.
