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Scott W. H. Seu Hei received $4.4M in total compensation as President & CEO of HAWAIIAN ELECTRIC INDUSTRIES INC in FY2025. The largest component was $1.7M in stock awards. That’s down 32% from FY2024. Source: SEC DEF 14A.
In fiscal year 2025, Scott W. H. Seu Hei, President & CEO of HAWAIIAN ELECTRIC INDUSTRIES INC (HE), received total compensation of $4.4 million.
Scott W. H. Seu Hei's compensation breakdown includes: base salary of $1.0 million, bonus of $531K, stock awards valued at $1.7 million,.
Compared to fiscal year 2024, Scott W. H. Seu Hei's total compensation decreased 32% from $6.5 million to $4.4 million.
HAWAIIAN ELECTRIC INDUSTRIES INC's top 3 named executive officers received combined total compensation of $8.8 million in fiscal year 2025.
The named executive officers disclosed in HAWAIIAN ELECTRIC INDUSTRIES INC's 2025 proxy statement are:Scott W. H. Seu Hei (President & CEO) with total compensation of $4.4 million, Shelee M. T. Kimura Hawaiian Electric (President & CEO) with total compensation of $2.2 million, and Kurt K. Murao Hei (Executive Vice President General Counsel, Chief Administrative Officer and Corporate Secretary) with total compensation of $2.2 million.
Source Filing
Executive Record
Scott W. H. Seu Hei
President & CEO
Reported Pay
$4.4MSummary compensation table total · FY2025
Findings
Reviewing FY2025 compensation of $4.4M against +26% shareholder return and the latest filing-backed pay disclosures.
Reported pay changed -32%; spread versus stock performance is pending computation.
Evidence is sourced from the latest executive compensation filing and return series for HE.
Team view
3 executives
President & CEO
Total PayFY2025
$4.4M
President & CEO
Total PayFY2025
$2.2M
Executive Vice President General Counsel, Chief Administrative Officer and Corporate Secretary
Total PayFY2025
$2.2M
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01FY2025 total compensation breakdown
$4.4M total compensation
Scott W. H. Seu Hei earned $4.4M in FY2025— here's how that breaks down.
$1.7M
39% of total
$1.2M
26% of total
$1.0M
23% of total
$531.1K
12% of total
Activity timeline · FY2025
Recent events from filings
Apr 29, 2026
Scott T. DeGhetto Equity award (500,000 target units)
Feb 12, 2025
Scott W. H. Seu Equity award (1,229,880 target units, 614,940 threshold, 2,459,760 maximum)
Feb 12, 2025
Scott W. H. Seu Equity award (151,137 target units, 75,569 threshold, 302,275 maximum, Grant FV $1,721,450)
Feb 12, 2025
Scott T. DeGhetto Equity award (1,200,000 target units, 800,000 threshold, 1,600,000 maximum)
Feb 12, 2025
Kurt K. Murao Equity award (396,125 target units, 198,063 threshold, 792,251 maximum)
Feb 12, 2025
Kurt K. Murao Equity award (38,943 target units, 19,472 threshold, 77,886 maximum, Grant FV $443,561)
Feb 12, 2025
Shelee M. T. Kimura Equity award (563,200 target units, 281,600 threshold, 1,126,400 maximum)
Feb 12, 2025
Shelee M. T. Kimura Equity award (58,396 target units, 29,198 threshold, 116,793 maximum, Grant FV $649,364)
A pay-performance summary will appear here once the verdict loads above.
02Pay changes vs. stock performance
1 year of data
Peer context
Dashed line marks the mid-cap median compensation benchmark for companies around $2.4B market cap, based on 475 peers in this size band.
03Recent insider trades by officers and directors
~24 trades
04Showing FY2025 data (latest available)
FY2026does not include director compensation in our current dataset, so we're showing the latest board table we found.
We're loading the latest director compensation and board makeup.
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Historical compensation data from latest proxy filing
| Year | Executive | Salary | Bonus & Incentive | Stock Awards | Option Awards | Other Adj. | Total |
|---|---|---|---|---|---|---|---|
| 2025 | $1.02M | $0.53M | $1.72M | $0.00M | $1.15M | $4.43M | |
| 2024 | $1.00M | $1.96M | $1.70M | $0.00M | $1.88M | $6.54M | |
| 2023 | $0.96M | $0.00M | $2.25M | $0.00M | $2.17M | $5.39M | |
| 2022 | $0.88M | $0.87M | $1.83M | $0.00M | $0.24M | $3.81M |
Salary = base cash pay. Bonus & Incentive combines annual bonus and non-equity plans. Equity amounts are grant-date fair values. Other Adj. captures pension changes, perquisites, and any reconciliation items so the total matches the reported figure.
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HAWAIIAN ELECTRIC INDUSTRIES INC (HE) — Key Facts
Last updated Jul 3, 2026 · DEF 14A filed Apr 29, 2026
| CEO | Scott W. H. Seu Hei, President & CEO |
|---|---|
| Fiscal year | FY2025 |
| Total compensation | $4.4M |
| Base salary | $1.0M |
| Stock awards | $1.7M |
| Year-over-year change | -32% |
| Source | DEF 14A, 2026-04-29 |
Scott W. H. Seu Hei, the President & CEO of HAWAIIAN ELECTRIC INDUSTRIES INC, received total compensation of $4.4 million in fiscal year 2025. This includes base salary of $1.0 million and stock awards valued at $1.7 million.
Scott W. H. Seu Hei's base salary at HAWAIIAN ELECTRIC INDUSTRIES INC is $1.0 million per year as of fiscal year 2025. However, total compensation including stock awards, bonuses, and other benefits is $4.4 million.
HAWAIIAN ELECTRIC INDUSTRIES INC's CEO, Scott W. H. Seu Hei, earned $4.4 million in total compensation for fiscal year 2025. The majority of this compensation comes from stock awards ($1.7 million) rather than base salary ($1.0 million).