Sundar PichaiSundar Pichai earned $164M in 2023
H

Scott W. H. Seu

CEO of Hawaiian Electric Industries

Education

Not specified

Field of Expertise

Business & Management

Born

January 1, 1966 - 59 years ago

Economy Sector

Utilities

Current Tenure

3 years 2 months (Jan 2022 - Present)

Previous Experience

Various leadership roles with Hawaiian Electric since August 1993; President and CEO of Hawaiian Electric since February 2020.

Scott W. H. Seu is the current CEO of Hawaiian Electric Industries, Inc. (HEI), taking on the role from January 1, 2022. His journey with the company started back in 1993, and he's climbed up the ranks over the years,...

Year

2023

Total Compensation

$1.60M

Salary

$958.33K

Board Justification

The compensation philosophy aligns with company performance, focusing on attracting, retaining, and motivating executives while balancing short-term and long-term objectives.

Bonus

$0.00

Board Justification

No annual incentive payments were made to the Company’s named executive officers for 2023 due to extraordinary challenges faced by the Utility’s Maui customers and the entire Maui community following the Maui wildfires and the Company’s financial challenges.

Other

$0.00

Board Justification

Restricted Stock

$642.09K(15.14K RSU)

Board Justification

15,140 RSUs vested in 2023, which are paid out in three equal installments over three years, beginning with the first installment in 2024.

Performance Metrics

Performance metrics for 2023 included HEI Consolidated Net Income, Utility Operations, and ASB Return on Assets.