Board of Directors

The members of the Boards of Directors of Hawaiian Electric Industries and our operating subsidiaries, Hawaiian Electric Company and American Savings Bank, are listed below.

Hei Board Of Directors 2012

Seated left to right: Keith P. Russell, Barry K. Taniguchi, Constance H. Lau, Jeffrey N. Watanabe, Thomas B. Fargo.
Standing: Kelvin H. Taketa, Bert A. Kobayashi, Sr., Micah A. Kane, Alan M. Oshima, Shirley J. Daniel, Timothy E. Johns,
Don E. Carroll, James K. Scott, Richard F. Wacker, Bert A. Kobayashi, Jr., A. Maurice Myers (retired), Peggy Y. Fowler.

Hawaiian Electric Industries

Hei Small Logo
Jeffrey N. Watanabe
Chairman,
Hawaiian Electric Industries, Inc.
Retired Founder,
Watanabe Ing LLP
Constance H. Lau
President and
Chief Executive Officer,
Hawaiian Electric Industries, Inc.

Chairman,
Hawaiian Electric Company, Inc.
Chairman,
American Savings Bank, F.S.B.
Richard J. Dahl,
Chairman,
James Campbell Company, LLC
Retired President and Chief Executive Officer,
James Campbell Company, LLC
Admiral Thomas B. Fargo, USN (Retired)
Chairman,
Huntington Ingalls Industries, Inc.
Former Commander of the
U.S. Pacific Command
Peggy Y. Fowler
Chairman,
Umpqua Holdings Corporation
Retired President and
Chief Executive Officer,
Portland General Electric Company
Keith P. Russell
President,
Russell Financial, Inc.
James K. Scott, Ed.D.
President,
Punahou School
Kelvin H. Taketa
Chief Executive Officer,
Hawaii Community Foundation
Barry K. Taniguchi
Chairman and Chief Executive Officer,
KTA Super Stores

Hawaiian Electric Company

Hec Small Logo
Don E. Carroll
Retired Chairman,
Oceanic Time Warner
Cable Advisory Board
Timothy E. Johns
Chief Consumer Officer,
Hawaii Medical Service Association
Micah A. Kāne
President and Chief Operating Officer,
Hawaii Community Foundation
Bert A. Kobayashi, Jr.
Managing Partner,
BlackSand Capital, LLC
Alan M. Oshima
President and
Chief Executive Officer,
Hawaiian Electric Company, Inc.

The following HEI directors are also directors of Hawaiian Electric Company, Inc.

American Savings Bank

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Shirley J. Daniel, Ph.D., C.P.A.
Professor of Accountancy,
Shidler College of Business,
University of Hawaii at Manoa
Bert A. Kobayashi, Sr.
Chairman and
Chief Executive Officer,
Kobayashi Development Group LLC
Richard F. Wacker
President and
Chief Executive Officer,
American Savings Bank, F.S.B.

The following HEI directors are also directors of American Savings Bank, F.S.B.

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Jeffrey N. Watanabe


HEI, Hawaiian Electric and ASB Director
HEI Chairman of the Board
HEI Executive Committee Chair
HEI Audit Committee Member
Hawaiian Electric Audit Committee Member
ASB Executive Committee Member

Business experience and other public company and HEI affiliate directorships since 2011

  • Managing Partner, Watanabe Ing & Komeiji LLP, 1972-2007 (now retired)
  • Lead independent director, Alexander & Baldwin, Inc. (A&B) 2012-15, director 2003-15 and Nominating & Corporate Governance Committee Member.
  • Director, Nominating and Corporate Governance Committee Chair and Compensation Committee Member, Matson, Inc., since 2012
  • Director since 1988 and Executive Committee Member, American Savings Bank, F.S.B. (HEI subsidiary)
  • Director, Hawaiian Electric (HEI subsidiary), 1999-2006, 2008-2011 and since 2016

Skills and qualifications for board service

  • Broad business, legal, corporate governance and leadership experience from serving as Managing Partner of the law firm he helped found, advising clients on a variety of business and legal matters for 35 years and from serving on more than a dozen public and private company and nonprofit boards and committees, including his current service on the Matson Nominating & Corporate Governance and Compensation Committees and past service on the A&B Nominating & Corporate Governance Committee.
  • Specific experience with strategic planning from providing strategic counsel to local business clients and prospective investors from the continental United States and the Asia Pacific region for 25 years of his law practice.
  • Recognized by a number of organizations for his accomplishments, including by the Financial Times-Outstanding Directors Exchange, which selected him as a 2013 Outstanding Director.
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Admiral Thomas B. Fargo,
USN (Retired)

HEI and HECO Director
HEI Compensation Committee Chair
HEI Nominating and
Corporate Governance Committee Member

Business experience and other public company and HEI affiliate directorships since 2011

  • Chairman of the Board and Compensation and Governance Committee Member, Huntington Ingalls Industries, since 2011
  • Owner, Fargo Associates, LLC (defense and homeland/national security consultancy), since 2005
  • CEO, Hawaii Superferry, Inc. (interisland ferry), 2008-2009
  • President, Trex Enterprises Corporation (defense research and development firm), 2005-2008
  • Commander, U.S. Pacific Command, 2002-2005
  • Director and Compensation and Nominating and Corporate Governance Committee member, The Greenbrier Companies, since 2015
  • Director and Audit Committee Member, Matson, Inc., since 2012
  • Director, Alexander & Baldwin, Inc., 2011-2012
  • Director, Northrop Grumman Corporation, 2008-2011
  • Director, Hawaiian Holdings, Inc., 2005-2008
  • Director, Hawaiian Electric Company, Inc. (HEI subsidiary), since 2005

Skills and qualifications for board service

  • Extensive knowledge of the U.S. military, a major customer of HEI's electric utility subsidiary and key driver of Hawaii's economy.
  • Leadership, strategic planning and financial and nonfinancial risk assessment skills developed over 39 years of leading 9 organizations ranging in size from 130 to 300,000 people and managing budgets up to $8 billion.
  • Leadership, strategic planning and financial and nonfinancial risk assessment skills developed over 39 years of leading 9 organizations ranging in size from 130 to 300,000 people and managing budgets up to $8 billion.
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Keith P. Russell

HEI and ASB Director
HEI Audit Committee Member
ASB Audit Committee Member
ASB Risk Committee Chair

Business experience and other public company and HEI affiliate directorships since 2011

  • President, Russell Financial, Inc. (strategic and financial consulting firm), since 2001
  • Vice Chair/Chief Risk Officer, Mellon Financial Corp., then Chairman, Mellon West, 1991-2001
  • Senior Executive Vice President, then Director, President and Chief Operating Officer, GLENFED/Glendale Federal Bank, 1983-1991
  • Director since 2010, Risk Committee Chair and Audit Committee Member, American Savings Bank, F.S.B. (HEI subsidiary)
  • Director, Nationwide Health Properties, 2002-2011
  • Director since 2004, Audit Committee chair since 2011 and past Nominating Committee member, Sunstone Hotel Investors

Skills and qualifications for board service

  • 10 years of executive leadership, financial oversight, risk management and strategic planning experience from serving as Vice Chairman/Chief Risk Officer for Mellon Financial Corporation and Chairman of Mellon’s West Coast operations. Mellon was also a major lender and capital provider to the electric utility industry.
  • 8 years of executive and corporate governance experience from serving as Director, President and Chief Operating Officer of GLENFED/Glendale Federal Bank.
  • 9 years of banking industry experience from serving as Senior Vice President and Deputy Administrator for Security Pacific National Bank, with direct responsibility for a wide breadth of operations including leasing, consumer and commercial finance, mortgage banking, venture capital, cash management and trust business.
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Constance H. Lau

President and Chief Executive Officer, HEI
Chairman, Hawaiian Electric
Chairman, ASB
HEI Executive Committee Member
ASB Risk Committee Member

Ms. Lau was named president and chief executive officer of Hawaiian Electric Industries (HEI) in May 2006. She also serves as chairman of Hawaiian Electric Company and chairman of American Savings Bank. Born and raised in Honolulu, Ms. Lau joined the HEI companies in 1984, serving first as assistant corporate counsel and treasurer of Hawaiian Electric Company, then as treasurer of HEI. In 1999, she became a director and senior executive vice president and chief operating officer of American Savings Bank, rising to president and chief executive officer in June 2001. She also served as an HEI director from 2001 through 2004, and has been serving as an HEI director since May 2006.

Ms. Lau is a director and Audit Committee chair and Nominating and Corporate Governance Committee Member of Matson, Inc. (NYSE: MATX), the major shipping carrier to Hawaii. Since 2012, Ms. Lau has chaired the National Infrastructure Advisory Council (NIAC), which advises President Barack Obama through the Department of Homeland Security on the security of the 16 critical infrastructure sectors and their information systems, including both the energy and financial services sectors. In energy, Ms. Lau was named 2011 Woman of the Year by the Women’s Council on Energy and the Environment in Washington, D.C., and serves on the boards of the Electric Power Research Institute, the Edison Electric Institute, and the Associated Electrical & Gas Insurance Services. In banking, Ms. Lau is a member of the Federal Reserve Bank of San Francisco’s Twelfth District Community Depository Institutions Advisory Council, and was one of U.S. Banker’s 25 Most Powerful Women in Banking for 2004, 2005, and 2006 when she headed American Savings Bank.

In Hawaii, Ms. Lau was named Pacific Business News (PBN)’s 2004 Hawaii Business Leader of the Year, and in 2013, she was named one of PBN’s 10 to Watch for her leadership in clean energy and transportation. Ms. Lau also serves on the boards of the Hawaii Business Roundtable, the Asia-Pacific Center for Security Studies, Punahou School, and the Consuelo Foundation, which helps women, children and families in Hawaii and the Philippines. She served as a trustee for Kamehameha Schools Bishop Estate from 1999 to 2007.

Ms. Lau graduated from Yale College with a B.S. in administrative sciences. She earned a juris doctor from the University of California Hastings College of the Law and a master’s in business administration from Stanford Graduate School of Business. She is married to Russell Lau, vice chairman of Finance Enterprises, Ltd., and has three children.

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Peggy Y. Fowler

HEI Director
HEI Compensation Committee Member

Business experience and other public company and HEI affiliate directorships since 2011

  • Co-CEO, Portland General Electric Company (PGE), 2009
  • President and CEO, PGE, 2000-2008
  • Director, PGE, 1998-2012
  • Chairman of the Board and Executive Committee since 2012 and director since 2009, Umpqua Holdings Corp.
  • Director and Audit Committee Member, Hawaiian Electric Company, Inc. (HEI subsidiary), 2009-2016

Skills and qualifications for board service

  • 35 years of executive leadership, financial oversight and utility operations experience from serving at PGE in senior officer positions, including Chief Operating Officer, President and CEO.
  • Environmental and renewable energy expertise from managing PGE’s environmental department, overseeing initiatives that improved fish passage on multiple Oregon rivers, supervising the construction and integration into PGE’s grid of wind and solar projects, and leading PGE to be ranked #1 by the National Renewable Energy Laboratory for selling more renewable power to residential customers than any other utility in the U.S. for several years during her tenure as PGE’s CEO.
  • Proven management, leadership and analytical skills, including crisis management, risk assessment, strategic planning and public relations skills.
  • Expertise in financial oversight, regulatory compliance and corporate governance from serving as President (1997-2000), CEO (2000-2008) and Chair (2001-2004) of PGE, as a past director for the Portland Branch of the Federal Reserve Bank of San Francisco and as a director and committee member for several private and public companies, including Umpqua Holdings Corporation (publicly traded bank holding company).
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James K. Scott, Ed.D.
HEI and ASB Director
HEI Nominating and
Corporate Governance Committee Member

Business experience and other public company and HEI affiliate directorships since 2011

  • President, Punahou School (K-12 independent school), since 1994
  • Director, American Savings Bank, F.S.B. (HEI subsidiary), since 2008

Skills and qualifications for board service

  • Recognized leadership and executive management skills as President of Punahou School.
  • More than three decades of experience developing and executing strategic plans as the chief executive at two independent schools, including overseeing fundraising programs and admissions/marketing and finance functions.
  • Governance and board leadership experience from his current positions as director and former Chair of the Hawaii Association of Independent Schools, member of the Advisory Board of the Klingenstein Center of Teachers College at Columbia University and trustee of the National Association of Independent Schools.
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Kelvin H. Taketa
HEI and Hawaiian Electric Director
HEI Nominating and
Corporate Governance Committee Chair

Business experience and other public company and HEI affiliate directorships since 2011

  • CEO, Hawaii Community Foundation (statewide charitable foundation), since 2016, President and CEO 1998-2015
  • Director, Hawaiian Electric Company, Inc. (HEI subsidiary), since 2004

Skills and qualifications for board service

  • Executive management experience with responsibility for overseeing more than $500 million in charitable assets through his leadership of the Hawaii Community Foundation.
  • Proficiency in risk assessment, strategic planning, organizational leadership and leadership development as well as marketing and public relations obtained from his current position at the Hawaii Community Foundation and his prior experience as Vice President and Executive Director of the Asia/Pacific Region for The Nature Conservancy and as Founder, Managing Partner and Director of Sunrise Capital Inc.
  • Knowledge of corporate and nonprofit governance issues gained from his prior service as a director for Grove Farm Company, Inc., his current service on the boards of the Stupski Foundation and the Hawaii Leadership Forum and through publishing articles and lecturing on governance of tax-exempt organizations.
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Barry K. Taniguchi

HEI and ASB Director
HEI Audit Committee Chair
HEI Executive Committee Member
ASB Audit Committee Chair
ASB Executive Committee Member

Business experience and other public company and HEI affiliate directorships since 2011

  • Chairman and CEO since 2014 and President and CEO 1989-2014, KTA Super Stores (grocery store chain)
  • President, K. Taniguchi Ltd. (real estate lessor), since 1989
  • Director since 2002 and Audit Committee Chair, American Savings Bank, F.S.B. (HEI subsidiary)
  • Director 2001-2011 and Audit Committee Chair, Hawaiian Electric (HEI subsidiary)
  • Director, Hawaii Electric Light (Hawaiian Electric subsidiary), 1997-2009
  • Director, Maui Electric (Hawaiian Electric subsidiary), 2006-2009

Skills and qualifications for board service

  • Current knowledge of and experience with the business community on the island of Hawaii, which is served by one of HEI’s utility subsidiaries, Hawaii Electric Light Company, Inc., from serving in his current chief executive officer positions for more than two decades.
  • Accounting and auditing knowledge and experience gained from obtaining a public accounting certification and working as an auditor and as a controller.
  • Extensive corporate and nonprofit board and leadership experience, including service as a director and former chair of the Hawaii Island Economic Development Board, as a director of Hawaii Community Foundation, and as a former director and chair of both the Hawaii Island Chamber of Commerce and the Chamber of Commerce of Hawaii.
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Don E. Carroll
Hawaiian Electric Director
Hawaiian Electric Audit Committee Member
Hawaiian Electric Non-voting Representative to
HEI Compensation Committee

Business experience and other public company and HEI affiliate directorships since 2011

  • Retired Chairman, Oceanic Time Warner Cable Advisory Board, since 2004
  • Director, HEI (parent company of Hawaiian Electric), 1996-2011
  • Director, ASB (Hawaiian Electric affiliate), 2004-2011

Skills and qualifications for board service

  • 38 years of executive and finance management experience, including service as President and Vice President, Finance of Oceanic Cable.
  • Experience with oversight of executive compensation, compensation programs and finance matters from current or past service as Chair of the Compensation Committee for Island Insurance Company, Ltd., as a member of the Compensation Committees of HEI and Pacific Guardian Life, and as a member of the ASB Audit Committee.
  • In-depth knowledge of issues facing Hawaiian Electric gained from 15 years as a director for Hawaiian Electric’s parent company, HEI.
  • Strong understanding of concerns of the communities Hawaiian Electric serves from his lengthy career with Oceanic Cable, which serves the same communities.
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Micah A. Kane

Hawaiian Electric Director

Business experience since 2011

  • President and Chief Operating Officer, Hawaii Community Foundation, since 2016
  • Chief Operating Officer, Pacific Links Hawaii LLC (golf course owner, developer and operator), 2011-2015
  • Principal, The KANE Group LLC (Hawaii-based company focused on land and financing matters for planned community infrastructure and general business development), since 2010
  • Trustee, Kamehameha Schools ($10 billion Native Hawaiian trust with more than 397,000 acres of land holdings in Hawaii), since 2009
  • Chairman/Director, Department of Hawaiian Home Lands, 2003-2009

Skills and qualifications for board service

  • Executive management, leadership and strategic planning skills from experience as Chief Operating Officer of Pacific Links Hawaii and Trustee of Kamehameha Schools and from prior role as Chairman/Director of the Department of Hawaiian Home Lands.
  • Finance and investment expertise gained through oversight of $10 billion asset portfolio as Trustee of Kamehameha Schools and through spearheading bond transactions as Chairman/Director of Department of Hawaiian Home Lands.
  • Familiarity with complex capital expenditure programs from overseeing development of master planned communities and from managing annual $150 million capital improvement budget for the Department of Hawaiian Home Lands.
  • Skilled in government affairs, policy development, public relations and crisis management from prior service as Chairman/Executive Director of the Hawaii Republican Party.
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Alan M. Oshima
President and Chief Executive Officer,
Hawaiian Electric
Director, Hawaiian Electric

Alan Oshima was named president and chief executive officer of the Hawaiian Electric Company, Inc. effective Oct. 1, 2014. Alan first joined Hawaiian Electric as a member of the board of directors in 2008. In 2011, he left the board to serve at HEI, Hawaiian Electric’s parent company, as executive vice president for corporate and community advancement and president of the HEI Charitable Foundation. In May 2014, he joined the Hawaiian Electric executive team full time.

Prior to joining the Hawaiian Electric Board in 2008, Alan served as senior vice president, general counsel and corporate secretary of Hawaiian Telcom from 2005 to 2008 and later as a senior adviser and director helping the company successfully emerge from reorganization in 2010. Alan also founded the law firm of Oshima Chun Fong & Chung and, prior to that, practiced law with Carlsmith Ball. With his significant experience with electric, telecommunications and transportation companies, as well as water and sewer resources in Hawai‘i, Alan was consistently recognized as one of “America’s Best Lawyers” in the field of public utilities.

He has received the Hawai‘i State Bar Association Pro Bono Service Award and been recognized by the Hawai‘i Institute of Public Affairs and the Public Schools of Hawai‘i Foundation for his leadership and commitment to improving public education in Hawai‘i. Alan chairs Hawai‘i 3Rs, a nonprofit organization that facilitates public-private partnerships to repair, restore and remodel Hawai‘i’s public schools. He serves as a director of the Hawai‘i Institute of Public Affairs where he’s helped lead an initiative to form a public school land trust to rebuild and upgrade school facilities across the state. Alan also serves as one of the six Hawai‘i Commissioners on the Education Commission of the States and as a member of the Governor’s Every Student Succeeds Act (ESSA) Team. He is also a longtime volunteer and former chairman of the board for the YMCA of Honolulu and previously served on the board of advisors for The Learning Coalition.

A graduate of Farrington High School, Alan received a marketing degree from Northwestern University and a law degree from University of California, Hastings College of the Law. He also served as a Supply Corps Officer with the U.S. Navy and among other places was stationed in Pearl Harbor and San Diego.

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Timothy E. Johns

Hawaiian Electric Director
Hawaiian Electric Audit Committee Chair

Business experience since 2011

  • Chief Consumer Officer, Hawaii Medical Service Association (HMSA)
  • President and CEO, Bishop Museum, 2007-2011

Skills and qualifications for board service

  • Executive management, leadership and strategic planning skills developed over three decades as a businessperson and lawyer and currently as Chief Consumer Officer of HMSA.
  • Business, regulatory, financial stewardship and legal experience from his prior roles as President and CEO of the Bishop Museum, Chief Operating Officer for the Estate of Samuel Mills Damon (former private trust with assets valued at over $900 million prior to its dissolution), Chairperson of the Hawaii State Board of Land and Natural Resources, Director of the Hawaii State Department of Land and Natural Resources and Vice President and General Counsel at Amfac Property Development Corp.
  • Corporate governance knowledge and familiarity with financial oversight and fiduciary responsibilities from overseeing the HMSA Internal Audit department, from his prior service as a director for The Gas Company LLC (now Hawaii Gas) and his current service as a trustee of the Parker Ranch Foundation Trust (charitable trust with assets valued at over $350 million), as a director and Audit Committee Chair for Parker Ranch, Inc. (largest ranch in Hawaii, with significant real estate assets), as a director and Audit Committee member for Grove Farm Company, Inc. (privately-held community and real estate development firm operating on the island of Kauai) and on the board of Kualoa Ranch, Inc. (private ranch in Hawaii offering tours and activity packages to the public).
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Bert A. Kobayashi, Jr.

Hawaiian Electric Director

Business experience since 2011

  • Managing Partner, BlackSand Capital, LLC (real estate investment firm), since 2010
  • President and CEO, Kobayashi Group, LLC, 2001-2010, and Partner, since 2001

Skills and qualifications for board service

  • From his leadership of BlackSand Capital, LLC and Kobayashi Group, LLC, Hawaii-based real estate development firms he co-founded, extensive experience with planning, financing and leading large real estate development projects ranging from large office buildings to a luxury residential high-rise in downtown Honolulu, Hawaii to a country club on the island of Maui, and experience with executive management, marketing and government relations.
  • Organizational governance and financial oversight experience from his service as a director or trustee for a mutual fund (Hawaiian Tax Free Trust, from the Aquila Group of Funds) and the East-West Center Foundation, and past experience with the Nature Conservancy of Hawaii and GIFT Foundation of Hawaii, which he co-founded.
  • Recognized business and community leader in Hawaii, named “Young Business Leader of the Year” for 2007 by Pacific Business News.
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Shirley J. Daniel, Ph.D., C.P.A.

ASB Director
ASB Audit Committee Member

Business experience and other public company and HEI affiliate directorships since 2011

  • Professor of Accountancy, Shidler College of Business, University of Hawaii at Manoa, since 1995
  • Director and Audit Committee member, HEI, 2002-2011
  • Director and Audit Committee member, HECO, 2002-2004

Skills and qualifications for board service

  • Current expertise in accounting, auditing and corporate governance from research and teaching courses on these subjects at the Shidler College of Business.
  • Business and leadership experience from her service as Director for the Pacific Asian Management Institute and Center for International Business Education and Research and from her prior service as Interim Chancellor of Hawaii Community College and Managing Director for the Pacific Asian Center for Entrepreneurship and E-Business.
  • Prior experience in accounting and auditing from being a licensed certified public accountant and from working as an auditor and audit manager with the international accounting firm Arthur Young & Company (currently Ernst & Young LLP).
  • Member of the National Association of Corporate Directors and Financial Executives Institute.
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Bert A. Kobayashi, Sr.
ASB Director
ASB Non-voting Representative to
HEI Compensation Committee

Business experience since 2011

  • Chairman, Kobayashi Development Group LLC (real estate developer), since 1997
  • Founder, Kobayashi Group LLC

Skills and qualifications for board service

  • Leadership, executive management, financial oversight, and government relations expertise from his extensive career establishing and leading Hawaii construction and real estate development firms and large development projects.
  • Governance expertise and a strong understanding of the communities in which American Savings Bank operates from his service on numerous non-profit boards in the state, including boards of organizations focused on human services, education, health and culture.
  • Recognized business and community leader, evidenced by several awards honoring his leadership, philanthropy and community contributions, including a 2008 recognition by the State of Hawaii’s Senate and House of Representatives for his leadership and contributions to the people of Hawaii.
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Richard F. Wacker

President and Chief Executive Officer,
American Savings Bank, F.S.B.

Director,
American Savings Bank, F.S.B.

Richard Wacker is the President & Chief Executive Officer of American Savings Bank (ASB). Rich joined ASB in 2010 and leads the management team responsible for growing the bank’s business to better serve Hawai‘i’s retail and business customers. He also serves as a director on the ASB Board.

An active supporter in the community, Rich holds leadership positions in Hawai‘i, serving on several prominent boards including Child & Family Service (Chair); Hawaii Business Roundtable (Executive Committee); Chaminade University (Board of Regents); University of Hawai‘i—Pacific Asian Center for Entrepreneurship; University of Hawai‘i Foundation (Vice-Chair); University of Hawai‘i—XLR8UH accelerator program and is a member of the Hawaii Bankers Association. He has served as a board member for the Hawai‘i Chapter of the American Red Cross, director for Junior Achievement Korea and was a member of the Board of Governors of the American Chamber of Commerce in Korea.

Prior to joining ASB, Rich was Chairman of Korea Exchange Bank (KEB), the fifth largest Korean commercial bank. He joined KEB in 2004 as Chief Operating Officer, was appointed President & CEO in 2005, and also held the position of Chairman of the Board from 2007 through 2010. Rich helped establish the KEB Foundation, the first social welfare organization in the Korean financial industry, and was the organization’s second Chairman. In 2008, Rich was recognized as one of Korea’s “Most Respected CEOs.”

Rich also enjoyed a 20-year career with General Electric (GE) where he was a company officer and held a wide range of senior leadership positions in the U.S. and Europe, including Vice President of Corporate Investor Communications; Vice President and Chief Financial Officer of GE Capital's Card Services unit; General Manager of GE Capital’s audit staff; Chief Financial Officer of GE Capital Fleet Services-Europe and global product management positions with GE Medical Systems-Europe. He earned a B.S. degree in mechanical engineering from the University of Missouri.

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A. Maurice Myers

HEI and ASB Director
HEI Compensation Committee Member
ASB Risk Committee Member

Business experience and other public company and HEI affiliate directorships since 2011

  • CEO and Owner, Myers Equipment Leasing LLC (equipment leasing company), since 2010
  • CEO and Director, POS Hawaii LLC (provider of point-of-sale business systems for restaurants and retailers), since 2009
  • CEO and Director, Wine Country Kitchens LLC (manufacturer of gourmet food products), since 2007
  • Chairman, CEO and President, Waste Management, Inc. (waste and environmental services provider), 1999-2004
  • Director, Hawaiian Electric (HEI subsidiary), 2004-2006 and 2009-2011
  • Director since 2011 and Risk Committee Member, American Savings Bank, F.S.B. (HEI subsidiary)

Skills and qualifications for board service

  • 20 years of public company executive and board leadership experience as Chairman, CEO and President of Waste Management, Inc., Chairman, CEO and President of Yellow Corporation, President of America West Airlines and CEO and President of Aloha Airgroup, Inc.
  • Practiced skills in risk assessment, strategic planning, financial oversight, customer and public relations and marketing exercised in leading successful restructuring efforts at Waste Management, Yellow Corporation and America West Airlines.
  • Diverse business experience and public and private company board experience, including from his prior service as a director and Compensation Committee chair for Tesoro Corporation and as a director for BIS Limited and Cheap Tickets.