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2023 Annual Report

Stronger Together

At Bank of Hawaii, we believe the strength of our people, with each person working to achieve a common goal, is what sets us apart. We’re stronger together, and we’re proud to serve our community as a team, through even the most challenging of times.

Chairman's Message

“Bank of Hawaii’s role as a community bank is rooted in our ability to help families and businesses reach their goals, serve as a trusted partner in their journeys, and provide a source of strength during challenging times.

Reflecting on 2023, I am proud of the way our teammates went above and beyond to take care of the people who depend on us.”

–Peter S. Ho
Chairman, President and CEO
Bank of Hawaii

Peter Ho

Letter to Shareholders

2023 Financial Results

2023 Bank of Hawaii relative stock price performance 2023 Bank of Hawaii relative stock price performance
Relative Stock Price Performance Bank of Hawaii Corporation / Bank of Hawaii (As of Dec. 31, 2023)

Financial Summary

Year in Review

Caring for our customers is at the heart of all we do. Our goal is to exceed expectations by understanding customers’ needs and providing them with convenient, personalized services and products that fit their lifestyles and long-term goals.

Tamuning Branch in Guam rendering

Our Community

Standing Strong to Help Others

Our Employees

Empowering Our People

Bank of Hawaii Corporation / Bank of Hawaii (As of Dec. 31, 2023)

Executive Committee

Bank of Hawaii’s Executive Committee represents the major functions of the bank and is accountable for its overall strategy and performance.

Executive Committee 2023 group 1 Executive Committee 2023 group 1
From left: Dean Y. Shigemura, Vice Chair and Chief Financial Officer | James C. Polk, Vice Chair and Chief Banking Officer | Peter S. Ho, Chairman, President and Chief Executive Officer | Mary E. Sellers, Vice Chair and Chief Risk Officer
Executive Committee 2023 group 2 Executive Committee 2023 group 2
From left: Ruth L. Erickson, Senior Executive Vice President and Senior Executive Director Marketing Operations | Matthew K.M. Emerson, Vice Chair and Chief Strategy Officer | Susan L. Ing, Senior Executive Vice President and Chief Marketing Officer | Marco A. Abbruzzese, Vice Chair and Senior Executive Director Wealth Management
Executive Committee 2023 group 3 Executive Committee 2023 group 3
From left: Sharlene R. Ginoza-Lee, Senior Executive Vice President and Chief People Officer | Sharon M. Crofts, Vice Chair and Senior Executive Director Operations & Technology | Patrick M. McGuirk, Vice Chair and Chief Administrative Officer, General Counsel & Corporate Secretary | Taryn L. Salmon, Senior Executive Vice President and Chief Information Officer | S. Bradley Shairson, Vice Chair and Deputy Chief Risk Officer
Bank of Hawaii Corporation / Bank of Hawaii (As of Dec. 31, 2023)

Operating Committee

Bank of Hawaii’s Operating Committee is comprised of 20 leaders representing corporate staff functions from various business segments who are responsible for the daily operations of the bank.

Eric Chen
Executive Vice President and Executive Director Enterprise Operations

Guy C. Churchill
Senior Executive Vice President, Co-Lead Executive Commercial Banking Group

Ryan Field
Executive Vice President and Chief Information Security Officer & IT Risk Manager

Jill F.S. Higa
Senior Executive Vice President and Senior Executive Director Branch Banking

Torrie M. Inouye
Executive Vice President and Chief Data Officer

Joy Ishiara
Senior Vice President and Director Marketing eCommerce & Brand

Vance H. Jones
Executive Vice President and Chief Technology Officer

Roger J. Khlopin
Executive Vice President and Chief Investment Officer & Director Investment Management Services

Edward C.S. Kim
Executive Vice President and Executive Director Consumer Lending

Jennifer Lam
Senior Executive Vice President and Treasurer

Kimarie Matthews
Executive Vice President and Executive Director Contact Center & Customer Engagement

James K.M. Moniz
Executive Vice President and Executive Director Mortgage Banking

Lacey Nakaguma
Executive Vice President and Chief Audit Executive

Shauna M. Pantohan
Senior Vice President and Director Culture & Employee Experience

Michelle T. Sato
Senior Vice President and Director Retail Products & Segmentation

Kristine R. Stebbins
Executive Vice President and Chief Experience Officer

Dana S. Takushi
Senior Executive Vice President and Senior Executive Director of The Private Bank

Melissa A. Torres-Laing
Senior Vice President and Director Corporate Communications

Luke W.T. Yeh
Senior Executive Vice President and Senior Executive Director Credit Risk Analytics

Dirk K. Yoshizawa
Senior Executive Vice President, Co-Lead Executive Commercial Banking Group

Bank of Hawaii Corporation / Bank of Hawaii (As of Dec. 31, 2023)

Board of Directors

2023 Board of Directors 2023 Board of Directors
Board of Directors (seated from left): John C. Erickson, Barbara J. Tanabe, Peter S. Ho, S. Haunani Apoliona and Raymond P. Vara.
Standing from left: Dana M. Tokioka, Victor K. Nichols, Mark A. Burak, Kent T. Lucien, Robert W. Wo, Alicia E. Moy, Elliot K. Mills, Michelle E. Hulst, Joshua D. Feldman and Suzanne P. Vares-Lum.

Peter S. Ho
Chairman, President and Chief Executive Officer,
Bank of Hawaii Corporation and Bank of Hawaii

Raymond P. Vara
Bank of Hawaii Lead Independent Director
President and Chief Executive Officer,
Hawaii Pacific Health

S. Haunani Apoliona
Former Trustee,
Office of Hawaiian Affairs

Mark A. Burak
Retired Executive Vice President,
Bank of America

John C. Erickson
Former Vice Chairman,
Union Bank

Joshua D. Feldman
President and Chief Executive Officer,
Tori Richard, Ltd.

Michelle E. Hulst
President,
GumGum

Kent T. Lucien
Retired Vice Chair and Chief Strategy Officer,
Bank of Hawaii Corporation and Bank of Hawaii

Elliot K. Mills
Vice President,
Disneyland Resort and Aulani, A Disney® Resort and Spa

Alicia E. Moy
President and Chief Executive Officer,
Hawaii Gas

Victor K. Nichols
Former Chairman and Chief Executive Officer,
Harland Clarke Holdings

Barbara J. Tanabe
Principal Owner,
Ho‘akea Communications, LLC

Dana M. Tokioka
Vice President,
Atlas Insurance Agency, Inc.

Suzanne P. Vares-Lum
President,
East-West Center

Robert W. Wo
Owner and Director,
C.S. Wo & Sons, Ltd.

Past Annual Reports

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