---
schema_version: "secwatch.filing_event.v1"
accession: "0000354707-23-000007"
form_type: "8-K/A"
ticker: "HE"
cik: "0000354707"
company_name: "HAWAIIAN ELECTRIC INDUSTRIES INC"
filed_at: "2023-01-06T23:59:59+00:00"
generated_at: "2026-06-20T19:03:53.770981+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# HEI appoints Paul Ito as CFO effective Jan 1, 2023; base salary $475K

## Summary
- Ito, interim CFO since July 2022, confirmed as Executive VP and CFO after national search.
- Base salary $475,000; eligible for annual incentive, long-term incentive, and equity plans.
- Receives supplemental restricted stock unit grant of $237,500; new change-in-control agreement with 2x multiple.
- Ito has been with HEI since 2018; previously CFO at Alexander & Baldwin (ALEX).

## SEC filing metadata
- accession: 0000354707-23-000007
- form_type: 8-K/A
- ticker: HE
- cik: 0000354707
- company_name: HAWAIIAN ELECTRIC INDUSTRIES INC
- filed_at: 2023-01-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/354707/000035470723000007/0000354707-23-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/354707/000035470723000007/he-20230103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000354707-23-000007
- JSON: https://secwatch.observer/filing/0000354707-23-000007.json
- Plain text: https://secwatch.observer/filing/0000354707-23-000007.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/354707/000035470723000007/0000354707-23-000007-index.htm

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