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Hawaiian Electric Industries Inc. (HE)

-NYSE

27.94 Up 0.03(0.11%) 1:38PM EDT - Nasdaq Real Time Price

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Hawaiian Electric Industries Inc.
900 Richards Street
Honolulu, HI 96813
United States - Map
Phone: 808-543-5662
Fax: 808-543-7966
Website: http://www.hei.com

Details 
Index Membership:N/A
Sector:Utilities
Industry:Electric Utilities
Full Time Employees:3,870

Business Summary 

Hawaiian Electric Industries, Inc., through its subsidiaries, primarily engages in electric utility and banking businesses primarily in Hawaii. It operates in two segments, Electric Utility and Bank. The company is involved in the production, purchase, transmission, distribution, and sale of electricity from renewable energy sources, such as wind, solar, photovoltaic, geothermal, wave, hydroelectric, sugarcane waste, municipal waste, and other biofuels, as well as from fuel oil. It distributes and sells electricity on the islands of Oahu, Hawaii, Maui, Lanai, and Molokai; and serves suburban communities, resorts, the United States armed forces installations, and agricultural operations. The company also provides a range of banking and other financial services, such as accepting deposits, as well as provision of loans comprising residential and commercial real estate, residential mortgage, construction and development, multifamily residential, consumer, and commercial loans to consumers and businesses. As of December 31, 2012, it operated 57 branches and 118 automated teller machines. Hawaiian Electric Industries, Inc. was founded in 1891 and is headquartered in Honolulu, Hawaii.

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Corporate Governance 
Hawaiian Electric Industries Inc.’s ISS Governance QuickScore as of May 1, 2013 is 3. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 5; Compensation: 4.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Ms. Constance H. Lau , 60
Chief Exec. Officer, Pres, Director, Member of Exec. Committee, Chairman of American Savings Bank, Chairman of Hawaiian Electric Company Inc, Chief Exec. Officer of American Savings Bank and Pres of American Savings Bank
2.30M0.00
Mr. James A. Ajello , 60
Chief Financial Officer, Exec. VP and Treasurer
1.12M0.00
Mr. Chester A. Richardson , 64
Chief Admin. Officer, Exec. VP, Gen. Counsel and Sec.
792.00K0.00
Mr. Richard M. Rosenblum , 62
Chief Exec. Officer of Hawaiian Electric Company, Pres of Hawaiian Electric Company and Director of Hawaiian Electric Company
1.12M0.00
Mr. Richard F. Wacker , 50
Chief Exec. Officer of American Savings Bank F S B, Pres of American Savings Bank F S B and Director of American Savings Bank F S B
1.22M0.00
Amounts are as of Dec 30, 2012 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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