Bank of Hawaii CEO Peter Ho's 2018 pay rises 11% to $5.2M

Bank of Hawaii reports 2018 executive compensation

By ExecPay News

Published: March 19, 2021

Bank of Hawaii reported fiscal year 2018 executive compensation information on March 19, 2021.
In 2018, six executives at Bank of Hawaii received on average a compensation package of $2.1M, a 12% increase compared to previous year.
Average pay of disclosed executives at Bank of Hawaii
Peter S. Ho, Chief Executive Officer, received $5.2M in total, which increased by 11% compared to 2017. 42% of Ho's compensation, or $2.2M, was in stock awards. Ho also received $2M in non-equity incentive plan, $795K in salary, as well as $211K in other compensation.
For fiscal year 2018, the median employee pay was $56,305 at Bank of Hawaii. Therefore, the ratio of Peter S. Ho's pay to the median employee pay was 92 to one.
Mary E. Sellers, Vice Chair, Chief Risk Officer, received a compensation package of $1.7M, which decreased by 14% compared to previous year. 36% of the compensation package, or $600K, was in non-equity incentive plan.
Mark A. Rossi, Chief Administrative Officer, earned $1.5M in 2018, a 17% decrease compared to previous year.
Dean Y. Shigemura, Chief Financial Officer, received $1.5M in 2018, which increases by 5% compared to 2017.
James C. Polk, Vice Chair, Consumer Lending Deposit Product Group, earned $1.5M in 2018, a 20% increase compared to previous year.
Sharon M. Crofts, Vice Chair, Client Solutions Group, received $1.4M in 2018.

Related executives

Sharon Crofts

Bank of Hawaii

Vice Chair, Client Solutions Group

Peter Ho

Bank of Hawaii

Chief Executive Officer

Dean Shigemura

Bank of Hawaii

Chief Financial Officer

James Polk

Bank of Hawaii

Vice Chair, Chief Commercial Officer

Mark Rossi

Bank of Hawaii

Chief Administrative Officer

Mary Sellers

Bank of Hawaii

Vice Chair, Chief Risk Officer

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Source: SEC filing on March 19, 2021.