secwatch.observer — SEC 8-K summary
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Issuer:     HAWAIIAN ELECTRIC INDUSTRIES INC (HE)
CIK:        0000354707
Form:       8-K
Filed at:   2026-04-10T23:59:59+00:00
Accession:  0000354707-26-000029
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Hawaiian Electric CFO DeGhetto departs; consulting deal worth over $2.4M in fees
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- Scott DeGhetto's term as EVP & CFO ended April 1, 2026; enters one-year consultant agreement via Emberstone LLC.
- Monthly fee of $200,000 plus $1,350,000 special projects fee at term end; prorated if terminated early for cause.
- Also includes previously reported $800,000 consulting payment for services through March 2027.
- Paul K. Ito appointed as new EVP & CFO (principal financial officer), effective April 10, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/354707/000035470726000029/0000354707-26-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/354707/000035470726000029/he-20260406.htm
  HTML page:      https://secwatch.observer/filing/0000354707-26-000029

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