Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Scott W. H. Seu earned $1.60M in total compensation at Hawaiian Electric Industries, including $958.33K salary and $642.09K in stock. Most recently acquired 9,894 shares in Feb 2024. Currently holds stock worth $608.40K. 3+ years at the helm of Hawaiian Electric Industries.

Compensation History

Annual executive compensation data for Scott W. H. Seu, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$1.60M

Salary

$958.33K

Bonus

$0.00

Other

$0.00

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 Compensation

$0.00

Board Justification

Restricted Stock

$642.09K15.14K 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.

H

Scott W. H. Seu

CEO of Hawaiian Electric Industries

Education

Not specified

Field of Expertise

Business & Management

Sector of Economy

Utilities

Born

January 1, 1966 - 59 years ago

CEO of Hawaiian Electric Industries for

3 years 11 months (Jan 2022 - Present)

Previous Experience

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

Holdings

Track Scott W. H. Seu's stock holdings and portfolio value over time.

Insider Trading

Scott W. H. Seu's recent stock transactions, purchases, and sales filed with the SEC.

HE

9,894 shares

HE

Feb 9, 2024

Received

HE

22,614 shares

HE

Feb 10, 2023

Received

HE

14,955 shares

HE

Feb 11, 2022

Received

HE

959 shares

HE

Feb 19, 2021

Received

HE

8,946 shares

HE

Feb 9, 2021

Received

Rivals

Compare Scott W. H. Seu with competitor CEOs and industry peers.