First Hawaiian Management

Management criteria checks 3/4

First Hawaiian's CEO is Bob Harrison, appointed in Jan 2012, has a tenure of 12.25 years. total yearly compensation is $5.37M, comprised of 19.2% salary and 80.8% bonuses, including company stock and options. directly owns 0.27% of the company’s shares, worth €6.99M. The average tenure of the management team and the board of directors is 2.9 years and 3.5 years respectively.

Key information

Bob Harrison

Chief executive officer

US$5.4m

Total compensation

CEO salary percentage	19.2%
CEO tenure	12.3yrs
CEO ownership	0.3%
Management average tenure	2.9yrs
Board average tenure	3.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Bob Harrison's remuneration changed compared to First Hawaiian's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$222m
Dec 31 2023	US$5m	US$1m	US$235m
Sep 30 2023	n/a	n/a	US$267m
Jun 30 2023	n/a	n/a	US$278m
Mar 31 2023	n/a	n/a	US$275m
Dec 31 2022	US$5m	US$1m	US$266m
Sep 30 2022	n/a	n/a	US$243m
Jun 30 2022	n/a	n/a	US$238m
Mar 31 2022	n/a	n/a	US$266m
Dec 31 2021	US$4m	US$969k	US$266m
Sep 30 2021	n/a	n/a	US$270m
Jun 30 2021	n/a	n/a	US$271m
Mar 31 2021	n/a	n/a	US$205m
Dec 31 2020	US$6m	US$966k	US$186m
Sep 30 2020	n/a	n/a	US$192m
Jun 30 2020	n/a	n/a	US$201m
Mar 31 2020	n/a	n/a	US$253m
Dec 31 2019	US$6m	US$1m	US$284m
Sep 30 2019	n/a	n/a	US$277m
Jun 30 2019	n/a	n/a	US$270m
Mar 31 2019	n/a	n/a	US$266m
Dec 31 2018	US$4m	US$1m	US$264m
Sep 30 2018	n/a	n/a	US$216m
Jun 30 2018	n/a	n/a	US$207m
Mar 31 2018	n/a	n/a	US$195m
Dec 31 2017	US$6m	US$1m	US$184m

Compensation vs Market: Bob's total compensation ($USD5.37M) is above average for companies of similar size in the German market ($USD2.56M).

Compensation vs Earnings: Bob's compensation has been consistent with company performance over the past year.

CEO

Bob Harrison (63 yo)

12.3yrs

Tenure

US$5,366,855

Compensation

Mr. Robert Scott Harrison, also known as Bob, is Chairman of the Board of First Hawaiian Bank since May 2014 and has been its President since August 2019 and its Chief Executive Officer since January 1, 20...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Robert Harrison	Chairman of the Board	12.3yrs	US$5.37m	0.27% $ 7.0m
James Moses	Vice Chairman of Finance Group & CFO	1.3yrs	US$1.41m	0.0036% $ 94.5k
Christopher Dods	Vice Chairman of Digital Banking & Marketing Group and COO	2.9yrs	US$1.72m	0.034% $ 875.3k
Alan Arizumi	Vice Chairman of Wealth Management Group	11.3yrs	US$1.23m	0.047% $ 1.2m
Neill Char	Vice Chairman of Commercial & Retail Banking Group	3.7yrs	US$1.09m	0.014% $ 368.2k
Kevin Haseyama	Strategic Planning & Investor Relations Manager	no data	no data	no data
Joel Rappoport	Executive VP of Legal & Corporate Services Group	7.3yrs	no data	no data
Gina O. Anonuevo	Executive VP of Human Resource Group & Chief Human Resources Officer	less than a year	no data	no data
Lea Nakamura	Executive VP & Chief Risk Officer of Risk Management Group	less than a year	no data	0.0070% $ 182.5k
Darlene Blakeney	Executive VP of Wholesale Banking Group & Chief Lending Officer	less than a year	no data	0.0050% $ 129.5k

2.9yrs

Average Tenure

51yo

Average Age

Experienced Management: 1HI's management team is considered experienced (2.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Robert Harrison	Chairman of the Board	8.3yrs	US$5.37m	0.27% $ 7.0m
Faye Kurren	Independent Director	5.7yrs	US$167.34k	0.015% $ 379.7k
Vanessa Washington	Independent Director	3.5yrs	US$174.34k	0.0077% $ 200.0k
Michael Fujimoto	Independent Director	1.5yrs	US$161.34k	0.0045% $ 118.3k
Mark Mugiishi	Independent Director	1.3yrs	US$146.34k	0.00086% $ 22.5k
James Moffatt	Independent Director	2.8yrs	US$169.34k	0.0034% $ 89.6k
Allen Uyeda	Lead Independent Director	8.3yrs	US$205.34k	0.017% $ 455.7k
Craig Wo	Independent Director	5.5yrs	US$186.00k	0.030% $ 784.2k
Kelly Thompson	Independent Director	2.8yrs	US$156.34k	0.0034% $ 89.6k

3.5yrs

Average Tenure

64yo

Average Age

Experienced Board: 1HI's board of directors are considered experienced (3.5 years average tenure).

First Hawaiian Management

Management criteria checks 3/4

Key information

Recent management updates

First Hawaiian, Inc., Annual General Meeting, Apr 24, 2024

Chairman of the Board recently bought €478k worth of stock

High number of new directors

First Hawaiian, Inc. and First Hawaiian Bank Announce Chief Financial Officer Changes

First Hawaiian, Inc. and First Hawaiian Bank Appoints Mark Mugiishi to Boards of Directors

First Hawaiian, Inc. Appoints Michael Fujimoto to the Board of Directors

Recent updates

First Hawaiian, Inc. Reports Net Charge-Offs for the First Quarter Ended March 31, 2024

First quarter 2024 earnings released: EPS: US$0.42 (vs US$0.52 in 1Q 2023)

First Hawaiian, Inc. to Report Q1, 2024 Results on Apr 26, 2024

First Hawaiian, Inc., Annual General Meeting, Apr 24, 2024

Full year 2023 earnings released: EPS: US$1.84 (vs US$2.08 in FY 2022)

Upcoming dividend of US$0.26 per share at 5.0% yield

Upcoming dividend of US$0.26 per share at 5.0% yield

Fourth quarter dividend of US$0.26 announced

First Hawaiian, Inc. Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2023

Full year 2023 earnings released: EPS: US$1.84 (vs US$2.08 in FY 2022)

First Hawaiian, Inc. (NasdaqGS:FHB) announces an Equity Buyback for $40 million worth of its shares.

First Hawaiian, Inc. Declares Quarterly Cash Dividend, Payable on March 1, 2024

First Hawaiian, Inc. to Report Q4, 2023 Results on Jan 26, 2024

Upcoming dividend of US$0.26 per share at 5.7% yield

First Hawaiian, Inc. Declares Quarterly Cash Dividend, Payable on December 1, 2023

Third quarter 2023 earnings released: EPS: US$0.46 (vs US$0.54 in 3Q 2022)

First Hawaiian, Inc. to Report Q3, 2023 Results on Oct 27, 2023

Upcoming dividend of US$0.26 per share at 5.1% yield

Second quarter 2023 earnings released: EPS: US$0.49 (vs US$0.47 in 2Q 2022)

First Hawaiian, Inc. Reports Net Charge-Offs Results for the Second Quarter Ended June 30, 2023

Investor sentiment improves as stock rises 15%

First Hawaiian, Inc. to Report Q2, 2023 Results on Jul 28, 2023

Investor sentiment improves as stock rises 18%

Upcoming dividend of US$0.26 per share at 6.7% yield

First quarter 2023 earnings released: EPS: US$0.52 (vs US$0.45 in 1Q 2022)

Chairman of the Board recently bought €478k worth of stock

Investor sentiment deteriorates as stock falls 17%

Full year 2022 earnings released: EPS: US$2.08 (vs US$2.06 in FY 2021)

Upcoming dividend of US$0.26 per share at 3.8% yield

First Hawaiian, Inc. (NasdaqGS:FHB) announces an Equity Buyback for $40 million worth of its shares.

Full year 2022 earnings released: EPS: US$2.08 (vs US$2.06 in FY 2021)

First Hawaiian, Inc. to Report Q4, 2022 Results on Jan 27, 2023

High number of new directors

First Hawaiian, Inc. and First Hawaiian Bank Announce Chief Financial Officer Changes

First Hawaiian, Inc. and First Hawaiian Bank Appoints Mark Mugiishi to Boards of Directors

Upcoming dividend of US$0.26 per share

Third quarter 2022 earnings released: EPS: US$0.54 (vs US$0.50 in 3Q 2021)

First Hawaiian, Inc. Declares Quarterly Cash Dividend, Payable on December 2, 2022

First Hawaiian, Inc. Appoints Michael Fujimoto to the Board of Directors

First Hawaiian, Inc. to Report Q3, 2022 Results on Oct 28, 2022

Upcoming dividend of US$0.26 per share

Second quarter 2022 earnings released: EPS: US$0.47 (vs US$0.67 in 2Q 2021)

First Hawaiian, Inc. Declares Quarterly Cash Dividend, Payable September 2, 2022

First Hawaiian, Inc. to Report Q2, 2022 Results on Jul 29, 2022

Upcoming dividend of US$0.26 per share

First quarter 2022 earnings released: EPS: US$0.45 (vs US$0.44 in 1Q 2021)

First Hawaiian, Inc. Declares Quarterly Cash Dividend, Payable on June 3, 2022

First quarter 2022 earnings released: EPS: US$0.45 (vs US$0.44 in 1Q 2021)

First Hawaiian, Inc. to Report Q1, 2022 Results on Apr 22, 2022

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Matthew J. Cox Announces Not to Stand for Reelection to the Board of First Hawaiian, Inc. and First Hawaiian Bank

Upcoming dividend of US$0.26 per share

First Hawaiian, Inc. (NasdaqGS:FHB) announces an Equity Buyback for $75 million worth of its shares.

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Upcoming dividend of US$0.26 per share

Executive VP & CFO of Finance Group recently sold €55k worth of stock

Third quarter 2021 earnings released: EPS US$0.50 (vs US$0.50 in 3Q 2020)

Upcoming dividend of US$0.26 per share

High number of new directors

Second quarter 2021 earnings released: EPS US$0.67 (vs US$0.15 in 2Q 2020)

Executive Officer Mitchell Nishimoto has left the company

Executive Officer Mitchell Nishimoto has left the company

Executive Officer Mitchell Nishimoto has left the company

Executive Officer Mitchell Nishimoto has left the company

Executive Officer Mitchell Nishimoto has left the company

Executive Officer Mitchell Nishimoto has left the company

Executive Officer Mitchell Nishimoto has left the company

Executive Officer Mitchell Nishimoto has left the company

Executive Officer Mitchell Nishimoto has left the company