Board of Directors
Hawaiian Electric Company

Business experience

• President and Chief Executive Officer, Zephyr Insurance Company since April 2018
• Chief Consumer Officer, Hawaii Medical Service Association (HMSA) 2011 to June 2017
• 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 President and CEO of Zephyr Insurance Company.
• Business, regulatory, financial stewardship and legal experience from his prior roles as Chief Consumer Affairs Officer, HMSA, 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).

Skills and qualifications for board service

• Shelee Kimura is the president and chief executive officer of Hawaiian Electric, which serves 95% of Hawaii’s population on the islands of Oahu, Hawaii, Maui, Lanai and Molokai and is committed to serving communities with safe, affordable, reliable clean energy.
• Shelee was appointed to her current role in January 2022 and previously served as senior vice president of Customer Service & Public Affairs and senior vice president of Business Development & Strategic Planning. She provided leadership for the company’s customer care initiatives through the COVID-19 pandemic and economic downturn, making equity and access a top priority while improving customer satisfaction and stakeholder engagement. She led the development of Hawaiian Electric’s 2015- 2020 Strategic Transformation Plan. During that period, she strengthened and grew the Hawaii market for affordable, clean energy resources and launched the electric transportation division, which will play a critical role to help decarbonize Hawaii’s economy.
• Before joining Hawaiian Electric, Shelee led Investor Relations and Strategic Planning at Hawaiian Electric Industries (HEI), the parent company of Hawaiian Electric and the largest publicly traded company in Hawaii. She previously worked as HEI’s director of corporate finance and investments and prior to that was a consulting manager at Arthur Andersen and its successor firm in Honolulu, KMH LLP.
• Shelee was honored in 2020 as one of three women selected for the Girl Scouts of Hawaii Women of Distinction, an award that recognizes the achievements of women who demonstrate courage, confidence and character. In 2016, she was honored with the Clean Energy Education and Empowerment Business award by the U.S. Department of Energy, in collaboration with the Stanford Precourt Institute for Energy and the MIT Energy Initiative.
• Shelee received her bachelor’s degree in business administration from the University of Hawaii at Manoa, where she was a presidential scholar. She is an executive education graduate of the Advanced Management Program of the Wharton School of the University of Pennsylvania. Shelee is an Omidyar Fellow and serves on the board of Na Kama Kai and the Kamehameha Schools audit committee. Shelee and her husband are proud parents of three teenage children.

Business experience

• Executive Vice President and Chief Financial Officer, Hawaiian Electric Industries, Inc. (HEI), 2011-April 2017
• Director since 2012, Audit and Corporate Governance Committee Member, Crius Energy Trust (TSX: KWH)
• Director since 2015, SKAI Ventures

Skills and qualifications for board service

• 18 years of executive leadership, financial oversight, risk management, investor relations, tax, accounting, financial and SEC reporting and strategic planning experience from serving as EVP and CFO of HEI, serving as President of Reliant Energy Solutions LLC and Senior Vice President and General Manager of Commercial & Industrial Marketing and Senior Vice President - Business Development of Reliant Energy, Inc.
• 14 years of banking industry experience from serving as Managing Director and Head of UBS Chicago and its corporate banking unit, as well as head of UBS's North American project finance team. Duties focused on corporate finance, capital markets and M & A.
• In-depth knowledge of issues facing American Savings Bank gained from 9 years as EVP and CFO of American Savings Bank's parent company, HEI.
• Hawaii business and leadership experience from his 7 years of service as a Trustee on the Hawaii Pacific University Board.

Education

• MPA from Syracuse University and graduate of the Advanced Management Program of the European Institute of Business Administration in Fontainebleau, France.

Business experience

• President and Chief Executive Officer, Puget Sound Energy, Inc. since January 2020
• El Paso Electric Company (NYSE: EE), President 2014-2015, Chief Executive Officer 2015-2017, President and Chief Executive Officer 2017-2019

Skills and qualifications for board service

• Executive management, leadership and strategic planning skills developed over nearly three decades as a businessperson and lawyer and currently as President and CEO of Puget Sound Energy, Inc. a 150 year old utility providing electric power and natural gas to 1.5 million customers in the state of Washington.
• Business, regulatory, financial stewardship and legal experience from her prior roles as President and CEO, General Counsel and Chief Compliance Officer and Director of FERC Compliance for El Paso Electric Company, and Senior Enforcement Attorney for the Federal Energy Regulatory Commission. .
• Extensive knowledge of the electric utility industry from her 15 years of experience in leadership roles at Puget Sound Energy, Inc. and El Paso Electric Company.
• Corporate governance knowledge and familiarity with financial oversight and fiduciary responsibilities from her service as a director for Boston Properties, Inc. (NYSE: BXP) the largest publicly traded developer, owner, and manager of premier workplaces in the United States and prior director of El Paso Electric, an electric utility providing generation, transmission and distribution to customers in west Texas and southern New Mexico.

Education

• Juris Doctor, University of Texas School of Law Bachelor of Arts, Williams College

Business experience

• Chief Operating Officer, The Kobayashi Group, 2018-present
• Executive Vice President, The Kobayashi Group, 2008-2018

Skills and qualifications for board service

• From her executive leadership of Kobayashi Group, LLC, Hawaii-based real estate development firm, extensive experience with planning, including sustainable design, renewable energy installations, financing and overseeing large real estate development projects totaling over $4 billion across the State of Hawaii, and experience with executive management, marketing, community engagement and government relations.
• Governance expertise and a strong understanding of the communities in which the utility operates from her development of projects and service on numerous non-profit and government boards in the state, including boards of organizations focused on health, education, public transportation and community development.
• Recognized business and community leader, including Women of Distinction honoree by the Girl Scouts of Hawaii.

Education

• Bachelor of Arts, Cum Laude, English Literature and Psychology, Georgetown University

Business experience

• President (1998-2015) and Chief Executive Officer (1998-2017), Senior Fellow (2018-2018)Hawaii Community Foundation
• Various Management and Executive Positions including Founder and Executive Director, Asia Pacific Region, The Nature Conservancy (1989-1998)
• Founder and Managing Partner, Sunrise Capital (private equity company focused on the sustainable aquaculture industry in Hawaii) (2005-2009)

Skills and qualifications for hawaiian electric board service

Mr. Taketa is a well-respected leader and brings deep understanding of Hawaii’s distinctive cultural and business environment to the Board. He also brings extensive knowledge of environmental issues having served as executive director of the Asia/Pacific Region of The Nature Conservancy. Mr. Taketa has dedicated his career to environmental conservation and sustainable community development. He has been nationally recognized by the Nonprofit Times on three occasions (2010, 2015, 2016) as one of the most powerful and influential people in the Nonprofit and Philanthropic Sector in the US, and with the US Department of Interior Conservation Service Award and the Chevron Corporation Conservation Award.

Business experience

• President & Chief Operating Officer, KTA Super Stores, 2014-present
• Executive Vice President, KTA Super Stores, 2006-2014
• President, K. Taniguchi, Limited, 2019-present
• Vice President, K. Taniguchi Limited, 1999-2019

Skills and qualifications for board service

• Executive leadership experience as President and Chief Operating Officer of KTA Super Stores, where he is responsible for the daily operations of the largest network of retail grocery stores on the island of Hawaii. KTA Super Stores has invested in environmental and social innovations including electric vehicle infrastructure investments, PV system installation, sourcing from locally owned and produced businesses, supporting their marketing and expanded distribution, and philanthropic programs with direct community impact.
• Current knowledge of and experience with the business community on the island of Hawaii, which is serviced by Hawaiian Electric Company’s subsidiary, Hawaii Electric Light Company, from serving in leadership positions for 17 years at KTA Super Stores which has seven retail stores all over the island and is one of the oldest grocers on island, established 105 years ago.
• Extensive corporate and non-profit board leadership experience from his service on private and non-profit boards in the state which include areas of impact such as community development, health and human services, education, business, industry, insurance, and economic development.
• Recognized business and community leader, including recognitions by the Hawaii Business Magazine for his leadership with the “40 Under Forty” distinction and the “20 for the Next 20” award.

Education

• Certificate in Executive Food Industry Management, University of Southern California
• Bachelor of Science Communications Management, University of Portland