KEITH P. RUSSELL - Corporate Board Profile

HAWAIIAN ELECTRIC INDUSTRIES INC

Filing Date	Source Excerpt
2011-03-21	Keith P. Russell, age 65, director nominee for 2011 Annual Meeting Mr. Russell has extensive senior management experience in the banking industry. His prior service as chief risk officer of a large financial institution significantly strengthens the Board's capabilities in overseeing risk within the organization. In addition, Mr. Russell's many years of experience in managing and overseeing bank operations will contribute important expertise to the Board. Mr. Russell also has extensive knowledge and experience from his prior service as an officer of a lender to the electric utility industry. Business experience and other public company and HEI affiliate directorships since 2006 Director and Audit Committee Member, American Savings Bank, F.S.B. (HEI subsidiary), since 2010 President, Russell Financial, Inc. (strategic and financial consulting firm servicing business and high net worth families and individuals), since 2001 Vice Chair/Chief Risk Officer, Mellon Financial Corp., then Chairman, Mellon West, 1991-2001 Senior Executive Vice President, then Director, President and Chief Operating Officer, GLENFED/Glendale Federal Bank, 1983-1991 Director, Nationwide Health Properties, since 2002 Director, Sunstone Hotel Investors, since 2003 Director, Countrywide Financial, 2003-2008 Skills and qualifications for HEI Board service 10 years of executive leadership, financial oversight, risk management and strategic planning experience from serving as Vice Chairman/Chief Risk Officer for Mellon Financial Corporation and Chairman of Mellon's West Coast operations. Mellon was also a major lender and capital provider to the electric utility industry. 8 years of executive and corporate governance experience serving as Director, President and Chief Operating Officer of GLENFED/Glendale Federal Bank. 9 years of banking industry experience serving as Senior Vice President and Deputy Administrator for Security Pacific National Bank, with direct responsibility for a wide breadth of operations including leasing, consumer and commercial finance, mortgage banking, venture capital, cash management and trust business.
2012-03-22	Keith P. Russell, age 66, director since 2011 Audit 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	Keith P. Russell, age 67, director since 2011 Audit Committee Member... Director Compensation Table shows compensation paid to the HEI nonemployee directors in 2012. Keith P. Russell Fees Earned or Paid in Cash $85,000 Stock Awards $75,000 Total $160,000
2014-03-25	Keith P. Russell Age 68 Audit Committee Member Mr. Russell has extensive senior management experience in the banking industry. Mr. Russell's many years of executive leadership experience in managing and overseeing bank operations contributes invaluable expertise to the Board. In addition, his prior service as chief risk officer of a large financial institution significantly strengthens the Board's capabilities in overseeing and managing risk within the organization. 2013 DIRECTOR COMPENSATION TABLE Keith P. Russell Fees Earned or Paid in Cash ($) 85,000 Stock Awards ($) 75,000 Total ($) 160,000 Audit Committee Member
2015-07-10	Keith P. Russell Director since 2011 Age 69 Audit Committee Member. Mr. Russell has extensive senior management experience in the banking industry.
2016-03-22	Keith P. Russell 70 2011 Audit Committee Member 160,000
2017-03-23	Keith P. Russell Director since 2011 Age 71 Audit Committee Member Mr. Russell has extensive senior management experience in the banking industry. Mr. Russell's many years of executive leadership experience in managing and overseeing bank operations contribute invaluable expertise to the Board. In addition, his prior service as chief risk officer of a large financial institution significantly strengthens the Board's capabilities in overseeing and managing risk within the organization. Mr. Russell's knowledge and experience from his prior service as an officer of a lender to the electric utility industry strengthens the Board's oversight of HEI's utility operations.
2018-03-28	Keith P. Russell Director since 2011 Age 72 Audit Committee Member Mr. Russell has extensive senior management experience in the banking industry. Mr. Russell's many years of executive leadership experience in managing and overseeing bank operations contribute invaluable expertise to the Board. In addition, his prior service as chief risk officer of a large financial institution significantly strengthens the Board's capabilities in overseeing and managing risk within the organization. Mr. Russell's knowledge and experience from his prior service as an officer of a major lender to the electric utility industry strengthens the Board's oversight of HEI's utility operations.
2019-03-25	Keith P. Russell Independent Director Audit Committee Member Mr. Russell served as an executive and/or Director within three major financial institutions and held domestic and international positions in all areas of banking, finance, capital markets and risk management. He has served on numerous panels on corporate governance and strategic direction. Mr. Russell's years of executive leadership experience in financial service operations, including as an executive officer of a major lender to the electric utility industry, contribute invaluable expertise to the Board. His prior service as Chief Risk Officer of a large financial institution strengthens the Board's risk management capabilities.
2020-03-26	Keith P. Russell Independent Director Executive Committee Member Audit & Risk Committee Member ASB Risk Committee Chair Mr. Russell has broad and deep expertise in risk management including identification, assessment, and monitoring of current and emerging risks through his prior service as Chief Risk Officer of a large financial institution and as Chief Operating Officer of a major bank. 2019 DIRECTOR COMPENSATION TABLE Keith P. Russell 112,500 100,000 212,500