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Hawaiian Electric Industries, Inc. (HE)

NYSE - NYSE Delayed Price. Currency in USD
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42.75-0.03 (-0.07%)
At close: 04:00PM EDT
42.75 +0.01 (+0.02%)
After hours: 04:00PM EDT
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Hawaiian Electric Industries, Inc.

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

Sector(s)Utilities
IndustryUtilities—Diversified
Full Time Employees3,597

Key Executives

NameTitlePayExercisedYear Born
Mr. Scott W. H. SeuPres, CEO & Director1.11MN/A1966
Mr. Kurt K. MuraoExec. VP, Gen. Counsel, Chief Admin. Officer & Corp. Sec.860.51kN/A1970
Ms. Ann C. TeranishiCEO, Pres & Director of American Savings Bank1.1MN/A1975
Mr. Paul K. ItoVP of Tax, Controller, Treasurer & Interim CFON/AN/A1971
Julie R. SmolinskiVP of Investor Relations & Corp. SustainabilityN/AN/AN/A
Ms. Tayne S. Y. SekimuraSr. VP, CFO & Treasurer of Hawaiian Electric Company Inc.N/AN/A1963
Avelino J. Halagao Jr.VP of Corp. and Community Advancement & Pres of HEI Charitable FoundationN/AN/AN/A
Mr. Scott ValentinoPres of Pacific CurrentN/AN/AN/A
Mr. Clifford H. ChenMang. of Investor Relations & Strategic PlanningN/AN/A1973
Richard K. McQuainPres, HEI Power Corp.N/AN/AN/A
Amounts are as of December 31, 2021 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., together with its subsidiaries, engages in the electric utility, banking, and renewable/sustainable infrastructure investment businesses in the state of Hawaii. It operates in three segments: Electric Utility, Bank, and Other. The Electric Utility segment engages in the production, purchase, transmission, distribution, and sale of electricity in the islands of Oahu, Hawaii, Maui, Lanai, and Molokai. Its renewable energy sources and potential sources include wind, solar, photovoltaic, geothermal, wave, hydroelectric, municipal waste, and other biofuels. This segment serves suburban communities, resorts, the United States armed forces installations, and agricultural operations. The Bank segment operates a community bank that offers banking and other financial services to consumers and businesses, including savings 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. This segment operates 42 branches, including 29 branches in Oahu, 6 branches in Maui, 4 branches in Hawaii, 2 branches in Kauai, and 1 branch in Molokai. The Other segment invests in non-regulated renewable energy and sustainable infrastructure in the State of Hawaii. Hawaiian Electric Industries Inc. was incorporated in 1891 and is headquartered in Honolulu, Hawaii.

Corporate Governance

Hawaiian Electric Industries, Inc.’s ISS Governance QualityScore as of July 31, 2022 is 1. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 2; Compensation: 2.

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.
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