People: Hawaiian Electric Industries Inc (HE)
HE on New York Consolidated
26.71USD
24 May 2013
26.71USD
24 May 2013
Price Change (% chg)
$-0.27 (-1.00%)
$-0.27 (-1.00%)
Prev Close
$26.98
$26.98
Open
$26.92
$26.92
Day's High
$26.98
$26.98
Day's Low
$26.61
$26.61
Volume
345,196
345,196
Avg. Vol
466,513
466,513
52-wk High
$29.24
$29.24
52-wk Low
$23.65
$23.65
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Jeffrey Watanabe |
70 | 2006 | Non-Executive Independent Chairman of the Board |
Constance Lau |
2006 | President, Chief Executive Officer, Director | |
James Ajello |
59 | 2011 | Chief Financial Officer, Executive Vice President, Treasurer |
Richard Rosenblum |
62 | 2009 | President, Chief Executive Officer of Hawaiian Electric Company, Inc. |
Richard Wacker |
50 | 2010 | President, Chief Executive Officer of American Savings Bank, F.S.B. |
Chester Richardson |
64 | 2011 | Chief Administrative Officer, Executive Vice President, General Counsel, Secretary |
Jennifer Loo |
52 | 2013 | Interim Chief Accounting Officer |
Thomas Fargo |
2005 | Independent Director | |
Peggy Fowler |
61 | 2011 | Independent Director |
A. Maurice Myers |
72 | 1991 | Independent Director |
Keith Russell |
67 | 2011 | Independent Director |
James Scott |
61 | 1995 | Independent Director |
Kelvin Taketa |
58 | 1993 | Independent Director |
Barry Taniguchi |
65 | 2004 | Independent Director |
Shelee Kimura |
IR Contact Officer |
Biographies
| Name | Description |
|---|---|
Jeffrey Watanabe |
Mr. Jeffrey N. Watanabe serves as Non-Executive Independent Chairman of the Board of Hawaiian Electric Industries Inc. He was Managing Partner, Watanabe Ing & Komeiji LLP, 1972-2007; Director since 2003 and Compensation and Corporate Governance Committee Member, Alexander & Baldwin, Inc.; Director since 1988 and Audit and Executive Committee Member, American Savings Bank, F.S.B. (HEI subsidiary) and Director, Hawaiian Electric Company, Inc. (HEI subsidiary), from 1999-2006 and since 2008. He has experience with strategic planning from providing strategic counsel to local business clients and prospective investors from the continental United States and the Asia Pacific region for 25 years of his law practice. |
Constance Lau |
Ms. Constance H. Lau serves as President, Chief Executive Officer, Director of Hawaiian Electric Industries Inc. She also serves as President and Chief Executive Officer and Director, HEI, since 2006, Chairman of the Board, Hawaiian Electric Company, Inc. (HEI subsidiary), since 2006, Chairman of the Board, American Savings Bank, F.S.B. (HEI subsidiary), since 2006, Chairman of the Board and Chief Executive Officer, American Savings Bank, F.S.B., 2008-2010, Chairman of the Board, President and Chief Executive Officer, American Savings Bank, F.S.B., 2006-2008, President and Chief Executive Officer and Director, American Savings Bank, F.S.B., 2001-2006, Senior Executive Vice President and Chief Operating Officer and Director, American Savings Bank, F.S.B., 1999-2001, Treasurer, HEI, 1989-1999, Financial Vice President and Treasurer, HEI Power Corp. (former HEI subsidiary), 1997-1999, Treasurer, Hawaiian Electric Company, Inc., and Assistant Treasurer, HEI, 1987-1989, Assistant Corporate Counsel, Hawaiian Electric Company, Inc., 1984-1987. |
James Ajello |
Mr. James A. Ajello serves as Chief Financial Officer, Executive Vice President, Treasurer of Hawaiian Electric Industries Inc. Mr. Ajello joined HEI after eight years at Reliant Energy in Houston, Texas, where he was most recently Senior Vice President-Business Development, Reliant's effort to expand and grow competitive electricity markets across the United States. Ajello joined Reliant following deregulation of Texas's electric markets, and as President of Reliant Energy Solutions LLC and Senior Vice President and General Manager of Commercial & Industrial Marketing, led the development and operations of a new line of business that provides integrated energy solutions to commercial and industrial customers in seven states. Mr. Ajello holds a bachelor's degree from the State University of New York and a master's degree in public administration from Syracuse University. He is also a graduate of the Advanced Management Program of the European Institute of Business Administration (INSEAD) in Fontainebleau, France. |
Richard Rosenblum |
Mr. Richard M. Rosenblum serves as President, Chief Executive Officer of Hawaiian Electric Company Inc., a subsidiary of Hawaiian Electric Industries Inc. Prior to joining the Company: Southern California Edison Company Senior Vice President of Generation and Chief Nuclear Officer, 11/05 until his retirement in 5/08. |
Richard Wacker |
Mr. Richard F. Wacker serves as President, Chief Executive Officer of American Savings Bank, F.S.B., a subsidiary of Hawaiian Electric Industries Inc. Prior to joining the Company, he served in Korea Exchange Bank, Chairman, 4/09 to 11/10, and Korea Exchange Bank, Chairman and Chief Executive Officer, 4/07 to 3/09. |
Chester Richardson |
Mr. Chester A. Richardson serves as Chief Administrative Officer, Executive Vice President, General Counsel, Secretary of Hawaiian Electric Industries Inc. He was Vice President, General Counsel of the company since August 6, 2007 to December 2008. He is currently deputy general counsel for Alliant Energy. Prior to that, he spent many years of his career in Hawaii, starting with the Army's Judge Advocate General Corps at Schofield Barracks, followed by the law firm of Case, Kay & Lynch, and then at Amfac where he rose to general counsel. He followed Amfac's acquirer, JMB, to the mainland. He holds a bachelor of science degree in engineering from West Point, a masters in business administration from Northwestern University, and a juris doctorate from Georgetown University. |
Jennifer Loo |
Ms. Jennifer B. Loo serves as Interim Chief Accounting Officer of Hawaiian Electric Industries Inc. Ms. Loo has served in financial reporting and accounting positions with HEI companies since 1985. Ms. Loo served as HECO Associate Financial Accountant, Financial Accountant, Administrator, Financial Reporting and Director, Financial Reporting and Standards, before moving to HEI as Director, Financial Reporting and Standards in 1989. While in such position, Ms. Loo served as HEI Assistant Treasurer from 1991 to 2005 and was appointed HEI Assistant Controller in 2008. Prior to joining the HEI companies, Ms. Loo worked in public accounting at a predecessor of KPMG LLP. |
Thomas Fargo |
Admiral Thomas B. Fargo serves as an Independent Director of Hawaiian Electric Industries Inc. He has been Operating Executive Board Member, J.F. Lehman & Company (private equity firm), since 2008; Owner, Fargo Associates, LLC (defense and homeland/national security consultancy), since 2005; Chief Executive Officer, Hawaii Superferry, Inc. (interisland ferry), 2008-2009; President, Trex Enterprises Corporation (defense research and development firm), 2005-2008; Commander, U.S. Pacific Command, 2002-2005; Chairman of the Board and Compensation and Governance Committee Member, Huntington Ingalls Industries, Inc., since 2011; Director, Alexander & Baldwin, Inc., since 2011; Director, Northrop Grumman Corporation, 2008-2011; Director, Hawaiian Holdings, Inc., 2005-2008; Director, Hawaiian Electric Company, Inc. (HEI subsidiary), since 2005. He has experience with corporate governance, including audit, compensation and governance committees, from service on several public and private company boards. |
Peggy Fowler |
Ms. Peggy Y. Fowler serves as an Independent Director of Hawaiian Electric Industries Inc. She Co-Chief Executive Officer, Portland General Electric Company (PGE), 2009, President and Chief Executive Officer, PGE, 2000-2008, Director, PGE, 1998-2012, Chairman of the Board and Executive Committee since 2012 and director since 2009, Umpqua Holdings Corp. Director and Audit Committee Member, Hawaiian Electric Company, Inc. (HEI subsidiary), since 2009 |
A. Maurice Myers |
Mr. A. Maurice Myers serves as an Independent Director of Hawaiian Electric Industries Inc. He serves as Chief Executive Officer and Owner, Myers Equipment Leasing LLC (equipment leasing company), since 2010, Chief Executive Officer and Director, POS Hawaii LLC (provider of point-of-sale business systems for restaurants and retailers), since 2009, Chief Executive Officer and Director, Wine Country Kitchens LLC (manufacturer of gourmet food products), since 2007, Chairman, Chief Executive Officer and President, Waste Management, Inc. (waste and environmental services provider), 1999-2004, Director, Hawaiian Electric Company, Inc. (HEI subsidiary), 2004-2006 and 2009-2011, Director since 2011and Risk Committee Member, American Savings Bank, F.S.B. (HEI subsidiary). |
Keith Russell |
Mr. Keith P. Russell serves as an Independent Director of Hawaiian Electric Industries Inc. He has been President, Russell Financial, Inc. (strategic and financial consulting firm servicing business and high net worth families and individuals), since 2001, Vice Chair/Chief Risk Officer, Mellon Financial Corp., then Chairman, Mellon West, 1991-2001, Senior Executive Vice President, then Director, President and Chief Operating Officer, GLENFED/Glendale Federal Bank, 1983-1991, Director since 2010, Risk Committee Chair and Audit Committee Member, American Savings Bank, F.S.B. (HEI subsidiary), Director, Nationwide Health Properties, 2002-2011, Director, Sunstone Hotel Investors, since 2003, Director, Countrywide Financial, 2003-2008. |
James Scott |
Mr. James K. Scott, Ed.D., serves as an Independent Director of Hawaiian Electric Industries Inc. He serves as President, Punahou School (K-12 independent school), since 1994, Director, American Savings Bank, F.S.B. (HEI subsidiary), since 2008. |
Kelvin Taketa |
Mr. Kelvin H. Taketa serves as an Independent Director of Hawaiian Electric Industries Inc. He is President and Chief Executive Officer, Hawaii Community Foundation, since 1998 and Director, Hawaiian Electric Company, Inc. (HEI subsidiary), since 2004. He has proficiency in risk assessment, strategic planning and organizational leadership as well as marketing and public relations obtained from his current position at the Hawaii Community Foundation and his prior experience as Vice President and Executive Director of the Asia/Pacific Region for The Nature Conservancy and as Founder, Managing Partner and Director of Sunrise Capital Inc. He has knowledge of corporate and nonprofit governance issues gained from his prior service as a director for Grove Farm Company, Inc., his current service as Vice Chair of the Independent Sector and Director of the Stupski Foundation and through publishing articles and lecturing on governance of tax-exempt organizations. |
Barry Taniguchi |
Mr. Barry K. Taniguchi serves as an Independent Director of Hawaiian Electric Industries Inc. He has been President and Chief Executive Officer, KTA Super Stores (grocery store chain), since 1989, President, K. Taniguchi Ltd. (real estate lessor), since 1989, Director since 2002 and Audit Committee Chair, American Savings Bank, F.S.B. (HEI subsidiary), Director 2001-2011 and Audit Committee Chair, Hawaiian Electric Company, Inc. (HEI subsidiary), Director, Hawaii Electric Light Company, Inc. (HEI subsidiary), 1997-2009, Director, Maui Electric Company, Limited (HEI subsidiary), 2006-2009. |
Shelee Kimura |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Jeffrey Watanabe |
-- |
Constance Lau |
5,823,670 |
James Ajello |
2,184,730 |
Richard Rosenblum |
2,487,490 |
Richard Wacker |
1,812,120 |
Chester Richardson |
1,571,040 |
Jennifer Loo |
-- |
Thomas Fargo |
-- |
Peggy Fowler |
-- |
A. Maurice Myers |
-- |
Keith Russell |
-- |
James Scott |
-- |
Kelvin Taketa |
-- |
Barry Taniguchi |
-- |
Shelee Kimura |
-- |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Jeffrey Watanabe |
0 | 0 |
Constance Lau |
503,123 | 4,010,148 |
James Ajello |
0 | 0 |
Richard Rosenblum |
0 | 0 |
Richard Wacker |
0 | 0 |
Chester Richardson |
55,452 | 444,281 |
Jennifer Loo |
0 | 0 |
Thomas Fargo |
0 | 0 |
Peggy Fowler |
0 | 0 |
A. Maurice Myers |
0 | 0 |
Keith Russell |
0 | 0 |
James Scott |
0 | 0 |
Kelvin Taketa |
0 | 0 |
Barry Taniguchi |
0 | 0 |
Shelee Kimura |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
FOWLER PEGGY Y |
294 | $27.63 |
WACKER RICHARD F |
19 | $26.71 |
KOSTECKI DAVID M |
10 | $26.71 |
ROSENBLUM RICHARD M |
57 | $26.71 |
AJELLO JAMES A |
53 | $26.71 |
RICHARDSON CHESTER A |
27 | $26.71 |
LAU CONSTANCE H |
129 | $26.71 |
LAU CONSTANCE H |
13,078 | $27.15 |
AJELLO JAMES A |
3,142 | $27.15 |
RICHARDSON CHESTER A |
514 | $27.15 |
KOSTECKI DAVID M |
233 | $27.15 |
ROSENBLUM RICHARD M |
4,002 | $27.15 |
ROSENBLUM RICHARD M |
1,682 | $27.08 |
ROSENBLUM RICHARD M |
3,718 | $26.95 |
RICHARDSON CHESTER A |
2,110 | $26.95 |
KOSTECKI DAVID M |
468 | $27.08 |
LAU CONSTANCE H |
9,480 | $26.95 |
RICHARDSON CHESTER A |
1,132 | $27.08 |
WACKER RICHARD F |
795 | $27.08 |
AJELLO JAMES A |
1,508 | $27.08 |
KOSTECKI DAVID M |
1,103 | $26.95 |
AJELLO JAMES A |
3,049 | $26.95 |
LAU CONSTANCE H |
3,603 | $27.08 |
KOSTECKI DAVID M |
2,643 | $0.00 |
AJELLO JAMES A |
9,815 | $0.00 |

