---
schema_version: "secwatch.filing_event.v1"
accession: "0000354707-23-000004"
form_type: "8-K"
ticker: "HE"
cik: "0000354707"
company_name: "HAWAIIAN ELECTRIC INDUSTRIES INC"
filed_at: "2023-01-03T23:59:59+00:00"
generated_at: "2026-06-20T21:06:17.355540+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Hawaiian Electric Industries appoints Paul Ito as CFO, effective Jan 1, 2023

## Summary
- Appointed Paul Ito as EVP and CFO effective Jan 1, 2023; he had served as interim CFO since July 2022.
- Ito receives base salary of $475,000, supplemental RSU grant of $237,500, and participation in incentive plans.
- New change-in-control agreement with two-times multiple benefit determination.
- Ito previously held CFO roles at Alexander & Baldwin; internal promotion after a national search.

## SEC filing metadata
- accession: 0000354707-23-000004
- form_type: 8-K
- ticker: HE
- cik: 0000354707
- company_name: HAWAIIAN ELECTRIC INDUSTRIES INC
- filed_at: 2023-01-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/354707/000035470723000004/0000354707-23-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/354707/000035470723000004/he-20230103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000354707-23-000004
- JSON: https://secwatch.observer/filing/0000354707-23-000004.json
- Plain text: https://secwatch.observer/filing/0000354707-23-000004.txt

## Key facts
- Executive change
  Paul K. Ito was appointed as Executive Vice President and Chief Financial Officer at HAWAIIAN ELECTRIC INDUSTRIES INC.
  - Action: appointed
  - Role: Executive Vice President and Chief Financial Officer
  source text: On January 3, 2023, Hawaiian Electric Industries, Inc. (HEI or the Company) announced that Paul K. Ito, the Company’s current Vice President-Taxes, Controller and Treasurer and Interim Chief Financial Officer, has been appointed as the Company’s Executive Vice President and Chief Financial Officer (CFO), effective January 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/354707/000035470723000004/0000354707-23-000004-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.