BOH names James C. Polk Vice Chair & Chief Banking Officer; grants 45,704 RSUs
BANK OF HAWAII CORP
James C. Polk named Vice Chair and Chief Banking Officer following Wayne Y. Hamano's retirement; oversees Commercial Banking, Trust, Cash Mgmt, Merchant Services, Corporate Facilities.
Polk granted 45,704 performance-based restricted stock units under SRSGP, vesting after 4-year period by Mar 31, 2026 if employment and performance conditions met.
Vesting tied to Bank's percentile rank vs S&P Regional Bank Index on ROE and Price/Book; 100% vesting at 75th percentile, 0% below 50th.
Polk ineligible for annual equity grants during the 4-year performance period.
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