JEFFREY N. WATANABE - Corporate Board Profile

HAWAIIAN ELECTRIC INDUSTRIES INC

Filing Date	Source Excerpt
2011-03-21	Jeffrey N. Watanabe, age 68, director since 1987 Chairman of the Board since 2006 Executive Committee Chair Business experience and other public company and HEI affiliate directorships since 2006 Managing Partner, Watanabe Ing & Komeiji LLP, 1972-2007 (now retired) Director since 2003 and Compensation and Corporate Governance Committee Member, Alexander & Baldwin, Inc. Director since 1988 and Executive Committee Member, American Savings Bank, F.S.B. (HEI subsidiary) Director, Hawaiian Electric Company, Inc. (HEI subsidiary), from 1999-2006 and since 2008 Skills and qualifications for HEI Board service Broad business, legal, corporate governance and leadership experience from serving as Managing Partner of the law firm he founded, advising clients on a variety of business and legal matters for 35 years and from serving on more than a dozen public and private company and nonprofit boards and committees, including his current service on the Compensation and Corporate Governance Committees for Alexander & Baldwin, Inc. Specific experience with strategic planning from providing strategic counsel to local business clients and prospective investors from the continental United States and the Asia Pacific region for 25 years of his law practice.
2012-03-22	Jeffrey N. Watanabe, age 69, director since 1987 Chairman of the Board since 2006 Executive Committee Chair Compensation Committee Member ... The Board has four standing committees: Audit, Compensation, Executive and Nominating and Corporate Governance. ... The table below shows committee members during 2011 and the number of meetings each committee held in 2011.
2013-03-26	Jeffrey N. Watanabe, age 70, director since 1987 Chairman of the Board since 2006 Executive Committee Chair Compensation Committee Member... Director Compensation Table shows compensation paid to the HEI nonemployee directors in 2012. Jeffrey N. Watanabe, Chairman Fees Earned or Paid in Cash $321,000 Stock Awards $75,000 Total $396,000
2014-03-25	Jeffrey N. Watanabe Age 71 Chairman of the Board since 2006 Executive Committee Chair Compensation Committee Member 2013 DIRECTOR COMPENSATION TABLE Jeffrey N. Watanabe, Chairman Fees Earned or Paid in Cash ($) 321,000 Stock Awards ($) 75,000 Total ($) 396,000 Chairman of the Board
2015-07-10	Jeffrey N. Watanabe Director since 1987 Age 72 Chairman of the Board since 2006 Executive Committee Chair Compensation Committee Member. Mr. Watanabe has been one of the most influential figures in Hawaii's business community over the past four decades.
2016-03-22	Jeffrey N. Watanabe 73 1987 Retired Founder, Watanabe Ing LLP EC (chair), CC 1
2017-03-23	Jeffrey N. Watanabe Director since 1987 Age 74 Chairman of the Board since 2006 Executive Committee Chair Compensation Committee Member Mr. Watanabe has been one of the most influential figures in Hawaii's business community over the past four decades. His strategic counsel is widely sought by Hawaii's business, political and nonprofit leaders, as well as by global businesses seeking to do business in Hawaii. As Chairman since 2006, Mr. Watanabe has successfully led HEI through his strategic vision, willingness to make tough decisions, strong consensus-building skills and communication ability.
2018-03-28	Jeffrey N. Watanabe Director since 1987 Age 75 Chairman of the Board since 2006 Executive Committee Chair Compensation Committee Member Mr. Watanabe has been one of the most influential figures in Hawaii's business community over the past four decades. His strategic counsel is widely sought by Hawaii's business, political and nonprofit leaders, as well as by global businesses seeking to do business in Hawaii. As Chairman since 2006, Mr. Watanabe has successfully led HEI through his strategic vision, willingness to make tough decisions and strong consensus-building skills.
2019-03-25	Jeffrey N. Watanabe Mr. Watanabe has been one of the most influential figures in Hawaii's business community over the past four decades. His strategic counsel is widely sought by Hawaii's business, political and nonprofit leaders, as well as by global businesses seeking to do business in Hawaii. Mr. Watanabe has a long personal history in environmental protection and public service. He was instrumental in assisting the National Park Service dramatically expand Volcanoes National Park through the acquisition of over 100,000 acres on the Big Island of Hawaii. He assisted with and facilitated the acquisition of the Palmyra Atoll, currently used as an international research center. Both were accomplished through The Nature Conservancy. As HEI's Chairman, Mr. Watanabe's key responsibilities are to: lead Board and shareholder meetings and executive sessions of the independent directors, including executive sessions at which the performance of the CEO is evaluated by the Board; attend all meetings of the Audit and Nominating and Corporate Governance Committees of the Board as an observer and the Executive Committee of the Board as its chair. Mr. Watanabe also currently attends meetings of the Compensation Committee as a member; work closely with the Nominating and Corporate Governance Committee in periodically evaluating board and committee structures, as well as advise with respect to succession planning for the Board; serve on and/or advise the boards of HEI's primary operating subsidiaries, Hawaiian Electric and ASB, chair joint executive sessions of the independent directors of HEI and these subsidiary boards and attend meetings of subsidiary board committees; work closely with management to develop meeting agendas and materials for the Board and subsidiary boards; be available to other Board and subsidiary board members and management for questions and consultation; and ensure and facilitate communications among Board members and Board committees and between the Board and management.

Matson, Inc.

Filing Date	Source Excerpt
2015-03-09	Jeffrey N. Watanabe Age: 72 Director Since: 2003 ·Lead Independent Director of Alexander & Baldwin, Inc. (post-separation from Matson) since June 2012; ·Non-Executive Chairman of the Board of HEI since May 2006; Director of HEI since April 1987; ·Director of HECO from February 1999 to July 2006 and from February 2008 to May 2011, and ASB since May 1988, each a subsidiary of HEI; and ·Retired Founder, Watanabe Ing LLP (WI), Honolulu, Hawaii (attorneys at law) since July 2007; Partner, WI, from 1971 to June 2007. Director Qualifications As Chairman of the Board of HEI, Lead Independent Director of Alexander & Baldwin, Inc. and former managing partner and founder of a Honolulu law firm, Mr. Watanabe brings to the Board insights into corporate governance and leadership skills. He has both public and private company board experience, and is knowledgeable about Hawaii and Matsons operating markets through his involvement in the Hawaii business community and local community organizations. In addition, Mr. Watanabe has extensive legal, business and board experience in the Asia and Pacific Region, including representing and sitting on boards of companies involved with the Asia Pacific Basin, formerly chairing the Consuelo Foundation focused on charitable efforts in the Philippines, formerly serving as General Counsel to the East-West Center, which promotes better relations among the nations of Asia, the Pacific and the United States, and serving as a member on the former Japan Hawaii Economic Council and the Hawaii Asia Pacific Association. 2014 DIRECTOR COMPENSATION Name Fees Earned or Paid in Cash ($) Stock Awards ($)(1)(2) Change in Pension Value and Nonqualified Deferred Compensation Earnings ($)(3) All Other Compensation ($)(4) Total ($) Jeffrey N. Watanabe 72,500 90,009 N/A 1,238 163,747
2016-03-14	Jeffrey N. Watanabe Age: 73 Director Since: 2003 ·Lead Independent Director of Alexander & Baldwin, Inc. (post-separation from Matson) from June 2012 to April 2015; ·Non-Executive Chairman of the Board of HEI since May 2006; Director of HEI since April 1987; ·Director of HECO from February 1999 to July 2006 and from February 2008 to May 2011, and ASB since May 1988, each a subsidiary of HEI; and ·Retired Founder, Watanabe Ing LLP (WI), Honolulu, Hawaii (attorneys at law) since July 2007; Partner, WI, from 1971 to June 2007. Director Qualifications As Chairman of the Board of HEI, former Lead Independent Director of Alexander & Baldwin, Inc. and former managing partner and founder of a Honolulu law firm, Mr. Watanabe brings to the Board insights into corporate governance and leadership skills. He has both public and private company board experience, and is knowledgeable about Hawaii and Matsons operating markets through his involvement in the Hawaii business community and local community organizations. In addition, Mr. Watanabe has extensive legal, business and board experience in the Asia and Pacific Region, including representing and sitting on boards of companies involved with the Asia Pacific Basin, formerly chairing the Consuelo Foundation, which focuses on charitable efforts in the Philippines, formerly serving as General Counsel to the East-West Center, which promotes better relations among the nations of Asia, the Pacific and the United States, and serving as a member on the former Japan Hawaii Economic Council and the Hawaii Asia Pacific Association. 2015 DIRECTOR COMPENSATION Jeffrey N. Watanabe 78,125 90,012 N/A 1,916 170,053
2017-03-13	Jeffrey N. Watanabe Age: 74 Director Since: 2003 ·Lead Independent Director of Alexander & Baldwin, Inc... The Compensation Committee members are: Dr. Chun, Chair, Mr. Baird, and Mr. Watanabe... The Nominating and Corporate Governance Committee members are: Mr. Watanabe, Chair, Dr. Chun, Mr. Dods, and Ms. Lau... 2016 DIRECTOR COMPENSATION... Jeffrey N. Watanabe 80,000 Fees Earned or Paid in Cash, 100,026 Stock Awards, 0 All Other Compensation, 180,026 Total.