Connie Lau to retire as HEI CEO; Scott Seu named successor, Shelee Kimura to lead Hawaiian Electric

HAWAIIAN ELECTRIC INDUSTRIES INC

Connie Lau retires after 15 years as HEI president/CEO; Scott Seu becomes CEO effective Jan 1, 2022.
Scott Seu receives initial base salary of $875,000 and is eligible for executive incentive and equity plans.
Shelee Kimura becomes first female CEO of Hawaiian Electric in its 130-year history, effective Jan 1, 2022.
Seu will also serve on HEI board and become chair of American Savings Bank board; Lau resigns from those boards.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Shelee M. T. Kimura

President and Chief Executive Officer of Hawaiian Electric

HE · HAWAIIAN ELECTRIC INDUSTRIES INC

Effective: 2022-01-01
Filed: October 5, 2021, 7:59 PM ET

Also, in connection with Mr. Seu’s appointment as President and CEO of HEI, on October 5, 2021, the Company and Hawaiian Electric announced that Shelee M. T. Kimura will become President and CEO of Hawaiian Electric effective as of January 1, 2022.

Appointed

Scott W. H. Seu

President and Chief Executive Officer

HE · HAWAIIAN ELECTRIC INDUSTRIES INC

Effective: 2022-01-01
Filed: October 5, 2021, 7:59 PM ET

Scott W. H. Seu, 55, will succeed Constance H. Lau as President and Chief Executive Officer (CEO) of HEI effective January 1, 2022.

Departed

Constance H. Lau

President and Chief Executive Officer

HE · HAWAIIAN ELECTRIC INDUSTRIES INC

Effective: 2022-01-01
Successor: Scott W. H. Seu
Filed: October 5, 2021, 7:59 PM ET

Scott W. H. Seu, 55, will succeed Constance H. Lau as President and Chief Executive Officer (CEO) of HEI effective January 1, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Shelee M. T. Kimura was appointed as President and Chief Executive Officer of Hawaiian Electric at HAWAIIAN ELECTRIC INDUSTRIES INC.

Action: appointed
Role: President and Chief Executive Officer of Hawaiian Electric

Exact text from the filing

Also, in connection with Mr. Seu’s appointment as President and CEO of HEI, on October 5, 2021, the Company and Hawaiian Electric announced that Shelee M. T. Kimura will become President and CEO of Hawaiian Electric effective as of January 1, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Scott W. H. Seu was appointed as President and Chief Executive Officer at HAWAIIAN ELECTRIC INDUSTRIES INC.

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

Scott W. H. Seu, 55, will succeed Constance H. Lau as President and Chief Executive Officer (CEO) of HEI effective January 1, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Constance H. Lau resigned as President and Chief Executive Officer at HAWAIIAN ELECTRIC INDUSTRIES INC.

Action: resigned
Role: President and Chief Executive Officer

Exact text from the filing

Scott W. H. Seu, 55, will succeed Constance H. Lau as President and Chief Executive Officer (CEO) of HEI effective January 1, 2022.

View on SEC.gov

HAWAIIAN ELECTRIC INDUSTRIES INC filing history →

Source: SEC EDGAR

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