Bank of Hawaii CEO Peter Ho's 2020 pay slips 20% to $4.2M
Bank of Hawaii reports 2020 executive compensation
By ExecPay News
Published: March 19, 2021
Bank of Hawaii reported fiscal year 2020 executive compensation information on March 19, 2021.
In 2020, six executives at Bank of Hawaii received on average a compensation package of $1.9M, a 13% decrease compared to previous year.
Average pay of disclosed executives at Bank of Hawaii
Peter S. Ho, Chief Executive Officer, received $4.2M in total, which decreased by 20% compared to 2019. 59% of Ho's compensation, or $2.5M, was in stock awards. Ho also received $2.9K of change in pension value and nonqualified deferred compensation earnings, $712K in non-equity incentive plan, $850K in salary, as well as $184K in other compensation.
For fiscal year 2020, the median employee pay was $58,104 at Bank of Hawaii. Therefore, the ratio of Peter S. Ho's pay to the median employee pay was 73 to one.
Mark A. Rossi, Chief Administrative Officer, received a compensation package of $1.7M, which increased by 7% compared to previous year. 70% of the compensation package, or $1.2M, was in bonus.
Mary E. Sellers, Vice Chair, Chief Risk Officer, earned $1.4M in 2020, a 14% decrease compared to previous year.
Dean Y. Shigemura, Chief Financial Officer, received $1.4M in 2020, which decreases by 12% compared to 2019.
James C. Polk, Vice Chair, Chief Commercial Officer, earned $1.4M in 2020, a 10% decrease compared to previous year.
Sharon M. Crofts, Vice Chair, Client Solutions Group, received $1.3M in 2020, which decreases by 16% compared to 2019.
Related executives
Peter Ho
Bank of Hawaii
Chief Executive Officer
Dean Shigemura
Bank of Hawaii
Chief Financial Officer
Sharon Crofts
Bank of Hawaii
Vice Chair, Client Solutions Group
James Polk
Bank of Hawaii
Vice Chair, Chief Commercial Officer
Mary Sellers
Bank of Hawaii
Vice Chair, Chief Risk Officer
Mark Rossi
Bank of Hawaii
Chief Administrative Officer
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Source: SEC filing on March 19, 2021.