secwatch.observer — SEC 8-K summary
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Issuer:     HAWAIIAN ELECTRIC INDUSTRIES INC (HE)
CIK:        0000354707
Form:       8-K
Filed at:   2023-01-03T23:59:59+00:00
Accession:  0000354707-23-000004
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/354707/000035470723000004/0000354707-23-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/354707/000035470723000004/he-20230103.htm
  HTML page:      https://secwatch.observer/filing/0000354707-23-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer