BANK OF HAWAII CORPORATION (NYSE:BOH) Files An 8-K Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition.
results of operations for the quarter ended December 31, 2016.
The public announcement was made by means of a press release, the
text of which is furnished as Exhibit 99.1 hereto and
incorporated herein by reference.
|
Item 5.02.
|
Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
Board) appointed Kent T. Lucien to the position of Vice Chairman
Chief Strategy Officer. Mr. Lucien previously served as the
Companys Vice Chairman CFO. On that same date, the Board
appointed Dean Y. Shigemura to the position of Senior Executive
Vice President Chief Financial Officer. Mr. Shigemura previously
served as the Companys Senior Executive Vice President,
Controller and Principal Accounting Officer. Finally, the Board
appointed Brent T. Flygar, age 49, to the position of Senior Vice
President, Controller and Principal Accounting Officer. For the
past five years, Mr. Flygar has served as Senior Vice President
and Director of Corporate Tax, including assuming the additional
role of Financial Reporting Manager overseeing the preparation of
regulatory reporting, in March 2015. Each of the foregoing
appointments is to be effective on March 1, 2017.
salary will be $218,000, Mr. Shigemuras annual salary will be
$335,000 and Mr. Flygars annual salary will be $245,000. Each of
Messrs. Lucien, Shigemura and Flygar will be entitled to
participate in those incentive compensation and benefit plans
available to the Companys senior executives.
|
(d)
|
Exhibits
|
|
99.1
|
>January 23, 2017 Press Release: Bank of Hawaii
Corporation Fourth Quarter 2016 Financial Results. Any internet addresses provided in this release are for informational purposes only and are not intended to be hyperlinks. Furnished herewith. |
About BANK OF HAWAII CORPORATION (NYSE:BOH)
Bank of Hawaii Corporation is a bank holding company that operates through its subsidiary, Bank of Hawaii (the Bank). The Bank provides a range of financial services and products primarily to customers in Hawaii, Guam and other Pacific Islands. The Company operates through four business segments: Retail Banking, Commercial Banking, Investment Services, and Treasury and Other. Its Retail Banking segment offers a range of financial products and services to consumers and small businesses. Its Commercial Banking segment offers products, including corporate banking, commercial real estate loans, commercial lease financing, auto dealer financing and deposit products. Its Investment Services segment offers private banking, trust services, investment management and institutional investment advisory services. The Company’s Treasury and Other segment consists of corporate asset and liability management activities, including interest rate risk management and a foreign currency exchange business. BANK OF HAWAII CORPORATION (NYSE:BOH) Recent Trading Information
BANK OF HAWAII CORPORATION (NYSE:BOH) closed its last trading session up +0.35 at 88.47 with 310,675 shares trading hands.