other material
confidence high
sentiment neutral
materiality 0.25
Bank of Hawaii CEO Ho gets $2.15M 2021 bonus, 34K RSGs; CFO Shigemura $650K, 8K RSGs
BANK OF HAWAII CORP
- Compensation Committee approved 2021 EIP awards: CEO Ho $2.15M, CFO Shigemura $650K, others $650K each.
- 2022 base salaries unchanged except Polk raised to $460,000 due to new Chief Banking Officer role.
- CEO Ho awarded 34,373 performance-based RSGs; CFO Shigemura awarded 8,021 RSGs under 2014 Stock and Incentive Plan.
- RSGs vest based on three-year average percentile rank on Return on Common Equity and Stock Price to Book Ratio vs S&P Regional Bank Index.
- Polk, Sellers, and Crofts not eligible for RSG awards in 2022 per existing retention agreements.