---
schema_version: "secwatch.filing_event.v1"
accession: "0000354707-23-000084"
form_type: "8-K"
ticker: "HE"
cik: "0000354707"
company_name: "HAWAIIAN ELECTRIC INDUSTRIES INC"
filed_at: "2023-09-18T23:59:59+00:00"
generated_at: "2026-06-10T15:29:42.981608+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# HEI and Hawaiian Electric announce CFO changes: Ito moves to utility, DeGhetto joins HEI

## Summary
- Tayne Sekimura retires Sep 30 after 32 years; Paul Ito becomes Hawaiian Electric CFO until ~Dec 31, 2024, then returns to HEI.
- Scott DeGhetto appointed HEI EVP, CFO & Treasurer effective Oct 1, 2023 through end of 2024, then advisory.
- DeGhetto receives $600k base salary, $600k signing bonus (pro-rata clawback), $250k relocation, 2x change-in-control.
- CFO changes follow August 8 Maui wildfires which disrupted succession planning for Sekimura.
- Ito will temporarily serve as Hawaiian Electric CFO to support utility during recovery and grid resilience efforts.

## SEC filing metadata
- accession: 0000354707-23-000084
- form_type: 8-K
- ticker: HE
- cik: 0000354707
- company_name: HAWAIIAN ELECTRIC INDUSTRIES INC
- filed_at: 2023-09-18T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/354707/000035470723000084/0000354707-23-000084-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/46207/000035470723000084/he-20230915.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000354707-23-000084
- JSON: https://secwatch.observer/filing/0000354707-23-000084.json
- Plain text: https://secwatch.observer/filing/0000354707-23-000084.txt

## Key facts
- Executive change
  Paul K. Ito was appointed as Senior Vice President, Chief Financial Officer and Treasurer at HAWAIIAN ELECTRIC INDUSTRIES INC.
  - Action: appointed
  - Role: Senior Vice President, Chief Financial Officer and Treasurer
  source text: Paul K. Ito was appointed Senior Vice President, CFO and Treasurer of Hawaiian Electric and will resign as Executive Vice President, CFO and Treasurer of Hawaiian Electric Industries, Inc. (HEI) effective as of October 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/354707/000035470723000084/0000354707-23-000084-index.htm
- Executive change
  Scott DeGhetto was appointed as Executive Vice President, Chief Financial Officer and Treasurer at HAWAIIAN ELECTRIC INDUSTRIES INC.
  - Action: appointed
  - Role: Executive Vice President, Chief Financial Officer and Treasurer
  source text: Scott DeGhetto (60) was appointed Executive Vice President, CFO and Treasurer of HEI effective October 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/354707/000035470723000084/0000354707-23-000084-index.htm
- Executive change
  Tayne Sekimura retired as Senior Vice President, Chief Financial Officer and Treasurer at HAWAIIAN ELECTRIC INDUSTRIES INC.
  - Action: retired
  - Role: Senior Vice President, Chief Financial Officer and Treasurer
  source text: In connection with the retirement of Tayne Sekimura as Senior Vice President, Chief Financial Officer (CFO) and Treasurer of Hawaiian Electric Company, Inc. (Hawaiian Electric) on September 30, 2023,
  evidence_url: https://www.sec.gov/Archives/edgar/data/354707/000035470723000084/0000354707-23-000084-index.htm
- Executive change
  Paul K. Ito resigned as Executive Vice President, Chief Financial Officer and Treasurer at HAWAIIAN ELECTRIC INDUSTRIES INC.
  - Action: resigned
  - Role: Executive Vice President, Chief Financial Officer and Treasurer
  source text: will resign as Executive Vice President, CFO and Treasurer of Hawaiian Electric Industries, Inc. (HEI) effective as of October 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/354707/000035470723000084/0000354707-23-000084-index.htm

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