Bank of Hawaii Shareholders Re-Elect Directors, Approve Pay and EY as Auditor at Virtual AGM

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MarketBeat

Tue, April 28, 2026 astatine 5:08 AM CDT 5 min read

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Key Points

Shareholders approved each proposals: each 12 directors were re-elected, the advisory ballot connected enforcement compensation passed with astir 59% support, and Ernst & Young was ratified arsenic auditor with astir 96% of votes successful favor, with 84% of shares represented.
CEO James Polk reported 2025 results of diluted EPS $4.63 and nett income $206 million, with assets of $24.2 billion, deposits of $21.2 cardinal and loans of $14.1 billion, portion maintaining a $0.70 quarterly dividend and repurchasing 5 cardinal shares.
Leadership modulation and strategical initiatives: Peter Ho retired and Bradley Satenberg was promoted to CFO, the slope expanded/renovated branches including a caller Lahaina determination and opened a West Pacific HQ successful Guam, and introduced generative AI tools portion the employee-led Live Kōkua run raised $623,000 for section nonprofits.
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Bank of Hawaii (NYSE:BOH) held its 54th yearly gathering of shareholders successful a virtual format, wherever investors voted to elite directors, approved the company’s enforcement compensation connected an advisory basis, and ratified Ernst & Young arsenic autarkic auditor for fiscal twelvemonth 2026. Board Chair Raymond Vara presided implicit the ceremonial concern session, followed by a year-in-review update from President and CEO James Polk.

Shareholders o.k. each proposals

Vara said 33,428,960 shares were represented successful idiosyncratic oregon by proxy astatine the meeting, representing 84% of the 39,725,521 shares outstanding arsenic of the grounds date. The committee had acceptable Feb. 27, 2026, arsenic the grounds day for determining shareholders entitled to vote.

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Shareholders considered 3 proposals:

Election of 12 directors for one-year terms
Advisory ballot to o.k. compensation for named enforcement officers
Ratification of Ernst & Young arsenic autarkic registered nationalist accounting steadfast for 2026

Vara reported preliminary voting results showing each manager nominee received “a important majority” of votes cast, with astatine slightest 27,956,448 votes successful favor, oregon 95% of votes cast. The advisory connection connected enforcement compensation received astir 17,274,193 votes successful favor, oregon 59% of votes cast. The auditor ratification connection received astir 32,239,430 votes successful favor, oregon 96% of votes cast.

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Based connected the results, Vara said each 12 manager nominees were elected and the different 2 proposals were approved arsenic recommended by the board. He added that last voting results would beryllium published successful a Form 8-K filing with the Securities and Exchange Commission.

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