Sundar PichaiSundar Pichai earned $164M in 2023
H

Constance H. Lau

Ex-CEO of Hawaiian Electric Industries

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Born

January 1, 1968 - 57 years ago

Economy Sector

Utilities

Tenure

15 years 7 months (May 2006 - Jan 2022)

Previous Experience

President and CEO of ASB; various officer and director positions throughout HEI companies.

Constance H. Lau is the CEO of Hawaiian Electric Industries (HEI), a position she has held since May 2, 2006. Before becoming CEO, she worked her way up through the ranks, starting at Hawaiian Electric Company in 1984. She became...

Year

2022

Total Compensation

$540.00K

Salary

$450.00K

Board Justification

The compensation philosophy emphasizes performance-based pay, aligning executive interests with those of shareholders and ensuring competitive compensation to attract and retain top talent.

Bonus

$75.00K

Board Justification

Annual performance-based cash bonus based on achieving pre-set performance goals for the year, with a target opportunity of 75% of base salary.

Other

$15.00K

Board Justification

Other compensation includes contributions to retirement plans and other benefits.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock vested in 2022 as the focus was on performance-based cash incentives.

Performance Metrics

Performance metrics for 2022 included financial targets related to net income growth, customer satisfaction, and progress on sustainability initiatives.