Bank of Hawaii approves 2025 executive salaries and 2024 incentive awards
On February 27, 2025, the Human Resources and Compensation Committee approved 2024 performance-based incentive awards and 2025 base salaries for five named executive officers and granted performance-based restricted stock units to three of them. The filing says performance awards pay out only when pre-set results are achieved, so the changes are tied to the criteria the committee set for 2024.
Key points
- Chairman and CEO Peter S. Ho: 2024 EIP award of $1,500,000 and 2025 base salary of $925,000
- Ho received 33,581 performance-based RSUs; Shairson and McGuirk each received 6,087 RSUs
- Vice Chairman and CFO Dean Y. Shigemura: 2024 EIP award of $360,000 and 2025 base salary of $448,050
- Filing dated March 4, 2025; RSU grant agreement filed as Exhibit 10.1
The filing
Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 04, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.