HE - Hawaiian Electric Industries, Inc.

NYSE - Nasdaq Real Time Price. Currency in USD

Hawaiian Electric Industries, Inc.

1001 Bishop Street
Suite 2900
Honolulu, HI 96813
United States
808-543-5662
http://www.hei.com

SectorUtilities
IndustryUtilities—Regulated Electric
Full Time Employees3,898

Key Executives

NameTitlePayExercisedYear Born
Ms. Constance Hee LauPres, CEO & Director3.52MN/A1953
Mr. Gregory C. HazeltonCFO, Exec. VP & Treasurer1.17MN/A1964
Mr. Richard F. WackerPres, CEO & Director of American Savings Bank FSB2.62MN/A1962
Mr. Alan M. OshimaPres, CEO & Director of Hawaiian Electric Company Inc.1.71MN/A1948
Kurt K. MuraoVP of Legal & Admin. and Corp. Sec.N/AN/AN/A
Amounts are as of December 31, 2018 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.

Description

Hawaiian Electric Industries, Inc., through its subsidiaries, engages in the electric utility and banking businesses primarily in the state of Hawaii. The company's Electric Utility segment is involved in generating, purchasing, transmitting, distributing, and selling electric energy. Its renewable energy sources and potential sources include wind, solar, photovoltaic, geothermal, wave, hydroelectric, municipal waste, and other bio fuels. This segment 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. Its Bank segment operates a savings bank that offers banking and other financial services, including deposit products, such as savings accounts and checking accounts; and loans comprising residential and commercial real estate, residential mortgage, construction and development, multifamily residential and commercial real estate, consumer, and commercial loans to consumers and business. This segment operates 49 branches, including 34 branches in Oahu, 6 branches in Maui, 5 branches in Hawaii, 3 branches in Kauai, and 1 branch in Molokai. The company's Other segment focuses on investing in non-regulated renewable energy and infrastructure in the State of Hawaii. Hawaiian Electric Industries Inc. was founded in 1891 and is headquartered in Honolulu, Hawaii.

Corporate Governance

Hawaiian Electric Industries, Inc.’s ISS Governance QualityScore as of October 4, 2019 is 2. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 6; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.