FIRST HAWAIIAN CEO Robert Harrison's 2018 pay falls 29% to $4.1M
FIRST HAWAIIAN reports 2018 executive compensation
By ExecPay News
Published: March 25, 2019
FIRST HAWAIIAN reported fiscal year 2018 executive compensation information on March 25, 2019.
In 2018, seven executives at FIRST HAWAIIAN received on average a compensation package of $1.7M, a 40% decrease compared to previous year.
Robert S. Harrison, Chief Executive Officer, received $4.1M in total, which decreased by 29% compared to 2017. 51% of Harrison's compensation, or $2.1M, was in bonus. Harrison also received $53K of change in pension value and nonqualified deferred compensation earnings, $138K in non-equity incentive plan, $1.1M in salary, $544K in stock awards, as well as $127K in other compensation.
For fiscal year 2018, the median employee pay was $47,419 at FIRST HAWAIIAN. Therefore, the ratio of Robert S. Harrison's pay to the median employee pay was 86 to one.
Ravi Mallela, Chief Financial Officer, received a compensation package of $2.3M. 71% of the compensation package, or $1.6M, was in stock awards.
Eric K. Yeaman, Chief Financial Officer, earned $2.3M in 2018, a 36% decrease compared to previous year.
Alan H. Arizumi, Chairman, received $1.2M in 2018, which decreases by 14% compared to 2017.
Lance A. Mizumoto, Chairman, earned $869K in 2018.
Mitchell E. Nishimoto, Chairman, received $753K in 2018.
Michael H.F. Ching, Chief Financial Officer, earned $263K in 2018, a 80% decrease compared to previous year.
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