Bank of Hawaii 公司 BOH

Marco A. Abbruzzese, Vice Chair, Senior Executive Director of Wealth Management since January 2022; Regional Managing Director - Washington, Oregon and Alaska of Wells Fargo from June 2009 to December 2021.

S. Bradley Shairson, Vice Chair and Chief Risk Officer since March 2024; Deputy Chief Risk Officer from May 2023 to March 2024; Chief Operating Officer and Chief Risk Officer of Regions Bank Capital Markets from March 2017 to April 2023.

Patrick M. McGuirk, Vice Chair and Chief Administrative Officer since September 2023; Senior Executive Vice President and Chief General Counsel from November 2020 to September 2023; Executive Vice President and General Counsel at Flagstar Bank from December 2014 to October 2020.

On June 27, 2025, the Board of Directors of Bank of Hawaii Corporation promoted Bradley S. Satenberg to Vice Chair and appointed him Chief Financial Officer of the Company and its principal operating subsidiary Bank of Hawaii, effective July 1, 2025. Mr. Satenberg, 54, joined the Company in July 2024 from Luther Burbank Corporation, where he was CFO of Luther Burbank Savings. Prior to joining the bank, Mr. Satenberg served as Senior Vice President and Chief Financial Officer of Luther Burbank Savings and Director of Investor Relations for Luther Burbank Corporation in Los Angeles, managing finance and accounting for the publicly held financial institution since 2018. With over 30 years of extensive experience in the financial services industry, Mr. Satenberg is a seasoned professional with an exceptional track record. Over the course of his career, he also served as Executive Vice President and Chief Financial Officer of 1st Century Bancshares, Inc., and Managing Director and Deputy Chief Financial Officer of Imperial Capital Bancorp, Inc., both in California, as well as several other leadership roles in various organizations. Mr. Satenberg earned his Bachelor of Business Administration degree in accounting from the University of Texas at Austin.

Effective April 1, 2026, Lead Independent Director Raymond P. Vara, Jr. who has served on the Board since 2013 and as Hawai'i Pacific Health's President and CEO since 2013, will become Non-Executive Chairman of the Board. Mr. Vara was named Hawaii Business Magazine CEO of the Year 2021. . As President and CEO of Hawai'i Pacific Health, he oversees Hawai'i's largest health care provider comprised of Straub Benioff Medical Center, Kapi'olani Medical Center for Women & Children, Pali Momi Medical Center, Wilcox Medical Center and Hawai'i Pacific Health Medical Group with over 70 locations. . Prior to his appointment to CEO in 2012, Mr. Vara served as its Executive Vice President and Chief Executive Officer of Operations of Hawai'i Pacific Health since 2004. . Mr. Vara also served as Chief Financial Officer and Chief Executive Officer for Los Alamos Medical Center in New Mexico, an integrated health care service provider. Prior to joining the private sector, Mr. Vara held various positions in the United States Army, including Deputy Chief Financial Officer of the Madigan Army Medical Center in Tacoma, Washington, and Assistant Administrator and Chief Financial Officer of Bassett Army Community Hospital in Fairbanks, Alaska. . Mr. Vara is active in the Hawai'i community and serves as a director on several boards, including Hawai'i Executive Collaborative, Island Insurance Company, Ltd., Tradewind Capital Group, Tradewind Group, Inc., and American Heart Association-National Board, where he serves as Immediate Past-Chairman. Mr. Vara holds a bachelor's degree in business administration from Hawai'i Pacific University and received his M.B.A. from the University of Alaska at Fairbanks.

Ms. Moy's expertise in utilities and energy has given her a unique and holistic perspective on the integrated nature of Hawai'i's energy ecosystem and how it is transforming to meet the state's renewable energy and carbon neutrality goals. Given the importance of energy in Hawai'i and how it impacts all consumers in the state, Ms. Moy's perspective in this key segment of the markets the Bank serves brings valuable insights to the Board's deliberations. Her leadership in this industry along with her strong executive background in finance and strategic planning qualify her to serve on the Board, the Audit Committee, and as Chair of the Risk Management Committee. Career Highlights Ms. Moy has been President and Chief Executive Officer of Hawai'i Gas since 2013, which is the state's only government-franchised, full-service gas company. Ms. Moy also serves as President of AMF Hawai'i Investments Holdings, LLC, the parent company of Hawai'i Gas, as well as several other smaller businesses collectively engaged in efforts to reduce the cost and improve the reliability and sustainability of energy in Hawai'i. From 2001 to 2013, Ms. Moy was Senior Vice President with Macquarie Infrastructure and Real Assets (MIRA), where she oversaw corporate strategy, strategic planning, funding and management of several MIRA-managed utility companies, including Hawai'i Gas. Other Professional Experience and Community Involvement Ms. Moy has served as a member of Hawai'i Gas's board of directors since 2011. From 1999-2001, Ms. Moy worked for Morgan Stanley in the Investment Banking division, where she was involved in corporate finance and mergers and acquisitions for private equity clients. Ms. Moy is a member of the Hawai'i Business Roundtable and the Military Affairs Council. She serves on the boards of the Western Energy Institute and The Nature Conservancy of Hawai'i. She also sits on the advisory board for Women in Renewable Energy and Holomua Collective. Education Ms. Moy holds a bachelor's degree in finance and marketing from the University of Miami and a master's degree in finance from INSEAD.

Mr. Nichols's over 40 years of executive leadership experience and knowledge in both information technology and the financial services industry, as well as his background and expertise in marketing, data analytics and strategic planning, add a valuable global perspective to the Board in understanding the increasingly important role information technology has in the financial services industry. Mr. Nichols's background, experience, attributes and skills qualify him to serve on the Board, the Audit Committee, and the Risk Management Committee. Career Highlights Mr. Nichols is the Chairman of Make-A-Wish, International, a not-for-profit foundation providing life changing wishes to ill children in 50 countries outside of the U.S., and has held that position since November 2022. Mr. Nichols served as an independent advisor to Harland Clarke Holdings (now named Vericast); former Chairman of Harland Clarke Holdings from January to June 2019, and previously served as its Chief Executive Officer from January 2017. As its CEO, Mr. Nichols oversaw Harland Clarke, Scantron, Retail Me Not, and Valassis. He was Chief Executive Officer of Valassis, a leader in intelligent media delivery from April 2015 through December 2016. Mr. Nichols previously served as Chief Executive Officer of North America, Managing Director of EMEA, and President of Global Consumer Services for Experian, the leading global information services company providing data and analytical tools to clients around the world. Prior to joining Experian, Mr. Nichols served as Chief Information Officer at Wells Fargo & Company. Mr. Nichols was President of Safeguard Business Systems and held senior positions at Bank of America in interstate banking integration, consumer loan services, and operations. Mr. Nichols was past President and founding partner of VICOR, Inc., an advanced technology engineering firm leading business transformation with a concentration in the financial services industry. Other Professional Experience and Community Involvement Mr. Nichols was a director of Revlon, Inc. from 2019 until 2023, and served as a member of Revlon's audit committee and later the restructuring committee. He served as a director of Zovio, an education technology services company (formerly Bridgepoint Education, Inc.) from 2014 to 2022. He served as chairman of Zovio's compensation committee and as a member of its audit committee and the merger and acquisition oversight committee. Mr. Nichols is an advisor to Trusona, a passwordless identity authentication company, and to Shield3 (aka Minty), a Web 3.0 Security start up. He has been an Advisor to Mitek, an identification technology provider, and to Bloom, a global consumer data provider. In addition, Mr. Nichols is a past member of the Economics Leadership Council, University of California, San Diego, served on the Leadership Council for UCI Donald Bren School of Information and Computer Sciences, and served on the Dean's Advisory Board, University of California, Irvine Merage School. Education Mr. Nichols holds a Bachelor of Science degree in economics from the University of California, San Diego, and an M.B.A. in finance from the University of California, Berkeley.

Mr. Erickson,Non-Executive Independent Director.A seasoned financial services executive with over 40 years in the industry, Mr. Erickson brings a wealth of strategic, operational and management experience having led a wide range of business units, including commercial lending, deposits, risk management, capital markets and wealth management. Mr. Erickson worked with Union Bank/MUFG in California until 2014, and his tenure included serving as Vice Chairman in the Chief Risk Officer and Chief Corporate Banking Officer roles. In addition, he served on the board of Zions Bancorporation, a publicly traded financial services holding company, as Chairman of the Risk Oversight Committee and as a member of the Audit Committee from 2014 to 2016. He served on the board of Luther Burbank Corporation, a publicly traded financial services holding company, from 2017 to 2024 and was a member of its Audit & Risk and Compensation Committees. In September 2023, he joined the board of National Mortgage Insurance Holdings, a publicly traded holding company, and serves on the Audit Committee as well as on the Risk Committee. Mr. Erickson's strong banking, risk management, board and executive background qualify him to serve on our Board, the Risk Management Committee, and as Chair of the Audit Committee. Career Highlights Mr. Erickson began his career at Union Bank in 1983 and served in various leadership roles including Vice Chairman, Chief Corporate Banking Officer responsible for Commercial Banking, Real Estate Industries, Global Treasury Management, Global Capital Markets, and Wealth Management, and as Vice Chairman and Chief Risk Officer responsible for enterprise-wide risk management and regulatory relations. Other Professional Experience and Community Involvement Mr. Erickson received his bachelor's degree with an emphasis in economics, and his M.B.A. with an emphasis in finance from the University of Southern California.

Mr. Robert W. Wo,Jr,Independent Director.As Owner and Director of C.S. Wo & Sons, Ltd. since 1984, Mr. Wo has led this third-generation family-owned and operated business to become Hawai'i's largest furniture retailer, ranking it among the Top 250 companies in the state of Hawai'i and among the Top 100 furniture retailers in the nation. Mr. Wo's knowledge and experience in operating a business in the Company's core market as a major employer in the State and deep involvement in the community qualify him for service on the Board, as Chair of the Human Resources & Compensation Committee and as a Member of the Nominating & Corporate Governance Committee. Career Highlights Mr. Wo has been the Owner and Director of C.S. Wo & Sons, Ltd. since 1984. Mr. Wo received his bachelor's degree in economics from Stanford University and earned his M.B.A. from Harvard Business School.

Ms. Hulst currently serves as Strategic Advisor at GumGum. She previously served as GumGum's President from September 2023 to March 2025 where she led GumGum's global advertising business and drove the worldwide adoption of GumGum's platform for the future of digital advertising. Ms. Hulst served as Executive Vice President, Global Data & Strategy, Chief Operating Officer and Chief Data Officer at The Trade Desk, Inc. from July 2020 to July 2022. She oversaw all aspects of The Trade Desk's operations, including client services, commercial enablement, technical account management, data partnerships and the company's rapid geographic expansion. Ms. Hulst also served as Group Vice President of Marketing and Strategic Partnerships at Oracle Data Cloud in San Francisco from 2015 to 2020, and was charged with developing business and data partnerships. Her expertise in digital marketing and strategic growth, developing strong alliances, and advancing key relationships are valuable skills as the Bank continues to evolve and innovate in today's data-driven landscape. Her educational background, professional experience, and skill set qualifies her to serve on our Board, the Human Resources & Compensation and Nominating & Corporate Governance Committees. Career Highlights Prior to Oracle Data Cloud, Ms. Hulst worked at Datalogix Inc., from 2006 to 2015, where she served as Senior Vice President of Strategic Partnerships and Business Development. During her tenure at Datalogix, Inc., she led the global deal team's execution of pivotal partnerships with companies such as Facebook, Twitter, and Google, which were instrumental in the transformation of the business. She also was a member of the executive team that led the sale of Datalogix to Oracle. Ms. Hulst earned a bachelor's degree in organizational psychology from the University of Michigan and her M.B.A., with an emphasis in strategy, marketing and entrepreneurship, from Northwestern University's Kellogg School of Management.

Key Experience and Qualifications Mr. Lucien's senior executive experience in major Hawai'i businesses and strong finance and accounting background, coupled with his deep knowledge of the Company's finances gained during his tenure with the Company makes him a valuable member of the Board and the Audit Committee. Mr. Lucien was elected to the Board in 2006 and served as Chair of the Audit Committee prior to becoming the Company's Chief Financial Officer in 2008. Career Highlights Mr. Lucien served as Vice Chair and Chief Strategy Officer from March 2017 to April 2020 and executed the Bank's key strategic initiatives, including the Branch of Tomorrow modernization project and leveraging information and technology to reshape the delivery of banking services, products and experiences with a customer focus. Mr. Lucien served as Vice Chair and Chief Financial Officer of the Company from April 2008 to February 2017. Other Professional Experience and Community Involvement Prior to his employment with the Company, Mr. Lucien served as a Trustee for C. Brewer & Co. Ltd., (a Hawai'i corporation engaged in agriculture, real estate and power production) and also held key executive positions at C. Brewer & Co. Ltd., including Chief Executive Officer of Operations, Controller, and Chief Financial Officer. He also worked for Pricewaterhouse Coopers and is a Certified Public Accountant (inactive). He served on the board of Wailuku Water Company LLC. Education Mr. Lucien received his bachelor's degree from Occidental College and his M.B.A. from Stanford University.

Mr. Feldman is President and CEO of Tori Richard, Ltd., founded in 1956. Tori Richard, Ltd. is a Honolulu-based manufacturer, wholesaler and retailer of branded resort apparel, licensed apparel products, private label clothing and uniforms. He began his career in 1994 and was appointed President and CEO in 2004. Mr. Feldman has a solid understanding of the Hawai'i marketplace and his accomplishments locally and globally evidence his strategic and progressive insights and operational expertise. His skills, background and experience as an innovator in the retail sector bring a valuable perspective to the Board and qualify him to serve on the Board and the Human Resources & Compensation and Risk Management Committees. Under his leadership, the company has grown dramatically and has built a portfolio of authentic heritage brands. Mr. Feldman created Tori Richard's retail division, TR Retail LLC, relaunched the women's division, acquired Kahala Sportswear from Minami Sport of Japan, and formed a joint venture to provide bundled uniform services for the hospitality market. In 2025, Mr. Feldman acquired Birdwell Beach Britches, a made-in-USA heritage apparel brand founded in California in 1961. Tori Richard, Ltd. is a group of subsidiary branded and private label products sold in over 1,500 specialty and department store locations throughout the world. The company operates 21 company-owned stores in the state of Hawai'i and the US Mainland and has offices in Hawai'i, California, Florida and New York. Mr. Feldman graduated magna cum laude with a bachelor's degree from the University of California, San Diego.

Ms. Vares-Lum is a retired Major General in the U.S. Army. She joined the Board in 2023, and her decades of executive leadership and planning experience qualify her to serve on the Board and Nominating & Corporate Governance Committee. Career Highlights Ms. Vares-Lum serves as Director of Daniel K. Inouye Asia Pacific Center for Security Studies since January 2025. Ms. Vares-Lum served as President of the East-West Center from January 2022 to December 2024. She is the first woman and Native Hawaiian to serve as President since the Center's establishment in 1960. In 2022, she launched a new strategic plan that advances the Center's mission to promote understanding and relationships among people and nations of the U.S., Asia and Pacific through cooperative study, research and dialogue. Ms. Vares-Lum formed Vares-Lum Indo-Pacific Consulting, LLC to provide consulting and advising on regional issues. She is an advocate for education and building bridges across the Indo-Pacific, and has led collaborative initiatives in the region. As a retired Major General with 34 years of service, Ms. Vares-Lum has held key roles addressing priority national security challenges in the region, with over five years serving with and advising the most senior officials at U.S. Indo-Pacific Command, where she cultivated and maintained key relationships with nations throughout the Indo-Pacific region. Ms. Vares-Lum received her Bachelor of Arts degree in Journalism in 1989 and her Master of Education in Teaching in 1996 from the University of Hawai'i at Manoa. As a graduate of the U.S. Army War College, she earned a Master of Strategic Studies degree in 2011. In 2019, she became a National Security Fellow of the Maxwell School of Citizenship and Public Affairs at Syracuse University. She is also an alumna of the Daniel K. Inouye Asia-Pacific Center for Security Studies.

On September 27, 2024, the Company's Board of Directors appointed Keith Asato, age 44, to the position of Principal Accounting Officer, effective November 1, 2024. Mr. Asato joined the Company in 2021, and formerly served as Vice President and Controller for Wing Spirit Inc. In connection with the foregoing appointment, Mr. Asato's annual salary will be 200,000, and he will be entitled to participate in those incentive compensation and benefit plans available to the Company's senior executives.

On April 26, 2024, the Board of Directors of Bank of Hawaii Corporation promoted Senior Executive Vice President and Chief Information Officer Taryn L. Salmon to Vice Chair and appointed her Chief Information and Operations Officer. In this new role, Ms. Salmon will oversee Enterprise Operations, Information Technology, Strategic Data & Analytics, Information Security, Enterprise Operational Excellence, Digital Banking, Business Continuity, and the Enterprise Project Management Office. Taryn L. Salmon is responsible for all areas of information technology, including business application management, distributed system support, business intelligence, and information security at Bank of Hawaii. She is also responsible for overseeing data governance, strategic analytics and the bank's project office. Ms. Salmon joined the bank in 2019 after more than 20 years of serving in key leadership roles in the information technology industry. Prior to joining the bank, she was senior vice president and director of business technology, digital banking and fraud engineering at Zions Bancorporation. She also previously served as Zions's senior vice president and director of technology shared services, and as a senior manager and vice president for its Enterprise Architecture & IT Project Management Office. Ms. Salmon also spent four years at Orbital ATK as IT director overseeing its Propulsion Systems Division. Earlier in her career, she worked at ATK Launch Systems for nearly 12 years in a variety of IT leadership positions, including engineering solutions manager, scientific and laboratory application development manager, and project manager. Ms. Salmon earned her bachelor of science degree in business information systems, with an emphasis in computer science, from Utah State University. She is also a certified Project Management Professional (PMP). Ms. Salmon is a board member-at-large of the Girl Scouts of Hawaii, and has been a volunteer instructor for STEM (Science, Technology, Engineering and Mathematics) Hour of Code since 2017.

Matthew K.M. Emerson, Chief Retail Banking Officer since July 2024; Chief Strategy Officer since November 2023; Vice Chair since November 2022; Senior Executive Director of Mortgage Banking and Loans from February 2020 to November 2023; Senior Executive Vice President and Senior Executive Director of eCommerce from September 2018 to February 2020.

The Board appointed current President and Chief Banking Officer James C. Polk to the position of President and CEO of the Company, effective April 1, 2026. Mr. Polk will also join the Board on that date. With over 35 years of experience in the financial services industry, Polk will become the 16th CEO in Bank of Hawai'i's 128-year history. Polk joined the bank in 1999, and has since served in multiple leadership roles, overseeing many major areas, including Commercial Banking, Retail Lending, Deposits, Mortgage Banking, The Private Bank and Branch Banking. In 2006, Polk was promoted to EVP and Pacific Islands Division Manager, overseeing the bank's West Pacific region. In 2009, he advanced to Senior Executive Vice President and Manager of the bank's Hawai'i Commercial Banking Division, and was also named a member of the bank's Executive Committee. In 2016, Polk was promoted to vice chair; and in 2021 to chief banking officer. As part of the company's considered succession plan, Polk was named President in July 2024, becoming responsible for all of the bank's revenue-generating businesses: Commercial Banking, Merchant Services, Cash Management, Wealth Management and Retail Banking (including Branch Banking and the Contact Center). A strong community and employee advocate, Polk serves on the boards of the Hawaii Medical Service Association (HMSA) and AfterSchool AllStars Hawai'i, and he is the executive sponsor of the bank's employee-resource group, Na 'Oiwi Aloha, which strives to create opportunities for Native Hawaiians and allies to engage in dialogue and culture. Polk earned his bachelor's degree in economics from the University of Michigan and is a graduate of Harvard Business School's Advanced Management Program, as well as a graduate of the Pacific Coast Banking School at the University of Washington.