FIRST HAWAIIAN CEO Robert Harrison's 2019 pay jumps 47% to $6M
FIRST HAWAIIAN reports 2019 executive compensation
By ExecPay News
Published: March 12, 2020
FIRST HAWAIIAN reported fiscal year 2019 executive compensation information on March 12, 2020.
In 2019, six executives at FIRST HAWAIIAN received on average a compensation package of $2.3M, a 36% increase compared to previous year.
Robert S. Harrison, Chief Executive Officer, received $6M in total, which increased by 47% compared to 2018. 33% of Harrison's compensation, or $2M, was in stock awards. Harrison also received $1M in bonus, $1.7M of change in pension value and nonqualified deferred compensation earnings, $1.1M in salary, as well as $185K in other compensation.
For fiscal year 2019, the median employee pay was $54,729 at FIRST HAWAIIAN. Therefore, the ratio of Robert S. Harrison's pay to the median employee pay was 110 to one.
Eric K. Yeaman, Chief Operating Officer, received a compensation package of $2.8M, which increased by 22% compared to previous year. 61% of the compensation package, or $1.7M, was in other compensation.
Ravi Mallela, Chief Financial Officer, earned $1.6M in 2019, a 32% decrease compared to previous year.
Alan H. Arizumi, Chairman, received $1.2M in 2019, which increases by 5% compared to 2018.
Lance A. Mizumoto, Chairman, earned $1.1M in 2019, a 29% increase compared to previous year.
Ralph M. Mesick, Chairman, received $910K in 2019.