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Bank of Hawaii Executive Compensation (FY25)

BOH · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Peter Ho
Latest say-on-pay support
=
April 24, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of October 22, 2026Latest filing (8-K): April 28, 2026
15 filings cited on this page
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237 figures on this page: 226 cited to the filing that reported them, 11 calculated from figures it prints. See the citations

More on Bank of Hawaii

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Peter Ho: $4,285,301 → $6,016,006 (40.4% higher)
Say-on-pay support: 96.7% → 59.8% (36.9 points lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Bank of Hawaii's chief executive and what were they paid?
Peter Ho, Chairman of the Board of Directors and Chief Executive Officer, received $6,016,006 in total compensation for fiscal 2025. Compared with the $4,285,301 reported for fiscal 2024, Ho's total was 40.4% higher.
What was Bank of Hawaii's say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 59.8% of votes cast for or against in favor at the meeting held April 24, 2026.
Which companies are in Bank of Hawaii's peer group?
Companies named in the disclosed peer group include Associated Banc-Corp, Banner Corporation, BOK Financial Corporation, Cathay General Bancorp and Commerce Bancshares, Inc., among others.
What is Bank of Hawaii's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 77:1, against median employee compensation of $78,614.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Peter Ho
Chairman, President and Chief Executive Officer
◇—◇—◇—◇◇
James Polk
Vice Chairman and Chief Banking Officer
◇—◇—◇—◇◇
Dean Shigemura
Vice Chairman and Chief Financial Officer
◇—◇—◇—◇◇
Mary Sellers
Vice Chair, Chief Risk Officer
◇———◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Peter Ho
Chairman of the Board, Chief Executive Officer & President
◇—◇—◇◇◇◇
S. Bradley Shairson
Vice Chair, Deputy Chief Risk Officer
◇◇◇—◇—◇◇
Dean Shigemura
Vice Chair, Chief Financial Officer
◇—◇—◇—◇◇
Matthew Emerson
Vice Chair, Chief Strategy Officer
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Peter Ho
Chairman, President and Chief Executive Officer
◇—◇—◇◇◇◇
S. Bradley Shairson
Vice Chair and Chief Risk Officer
◇—◇—◇—◇◇
James C. Polk
President and Chief Banking Officer
◇—◇—◇—◇◇
Dean Shigemura
Vice Chairman and Chief Financial Officer
◇—◇—◇—◇◇
Patrick McGuirk
Vice Chairman, General Counsel and Corporate Secretary
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Peter Ho
Chairman of the Board of Directors and Chief Executive Officer
◇—◇—◇◇◇◇
S. Bradley Shairson
Vice Chair and Chief Risk Officer
◇—◇—◇—◇◇
Patrick McGuirk
Vice Chair and Chief Administrative Officer
◇—◇—◇—◇◇
Bradley Satenberg
Vice Chair and Chief Financial Officer
◇◇◇—◇—◇◇
Dean Shigemura
Former Vice Chair and Chief Financial Officer
Departed during or after this year
◇—————◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Bradley S. SatenbergPSU◇—◇—◇—◇
Patrick M. McGuirkPSU◇—◇—◇—◇
Patrick M. McGuirkRSU◇——◇——◇
Peter S. HoPSU◇—◇—◇—◇
S. Bradley ShairsonPSU◇—◇—◇—◇
S. Bradley ShairsonRSU◇——◇——◇
Fiscal 2022, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Bradley SatenbergRSU◇◇——
PSU◇◇——
RSU◇◇——
Patrick McGuirkRSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
Dean ShigemuraRSU◇◇——
PSU◇◇——
RSU◇◇——
Peter HoRSU◇◇——
RSU◇◇——
PSU◇◇——
S. ShairsonPSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Raymond P. Vara, Jr
Lead independent director
◇◇————◇
Victor K. Nichols
◇◇————◇
Alicia E. Moy
◇◇————◇
John C. Erickson
◇◇————◇
Robert W. Wo
◇◇————◇
Michelle E. Hulst
◇◇————◇
Kent T. Lucien
◇◇————◇
Elliot K. Mills
◇◇————◇
Joshua D. Feldman
◇◇————◇
Suzanne P. Vares-Lum
◇◇————◇
Dana M. Tokioka
◇◇————◇
James C. Polk and Peter S. Ho served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Associated Banc-Corp ASB
  • Banner Corporation BANR
  • BOK Financial Corporation BOKF
  • Cathay General Bancorp CATY
  • Commerce Bancshares, Inc. CBSH
  • Community Financial System, Inc. CBU
  • CVB Financial Corp. CVBF
  • First Financial Bancorp. FFBC
  • First Hawaiian, Inc. FHB
  • Fulton Financial Corporation FULT
  • Glacier Bancorp, Inc. GBCI
  • Hancock Whitney Corporation HWC
  • Home Bancshares, Inc. HOMB
  • International Bancshares Corporation IBOC
  • Old National Bancorp ONB
  • Pacific Premier Bancorp, Inc. PPBI
  • PacWest Bancorp PACW
  • Prosperity Bancshares, Inc. PB
  • Renasant Corporation RNST
  • Texas Capital Bancshares, Inc. TCBI
  • Trustmark Corporation TRMK
  • UMB Financial Corporation UMBF
  • United Bankshares, Inc. UBSI
  • WaFd, Inc. WAFD

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025April 24, 2026=◇◇◇
2024April 25, 2025=◇◇◇
2023April 26, 2024=◇◇◇
2022April 28, 2023=◇◇◇
2021April 29, 2022=◇◇◇
2020April 30, 2021=◇◇◇
2019April 24, 2020=◇◇◇
2018April 26, 2019=◇◇◇
2017April 27, 2018=◇◇◇
2016April 28, 2017=◇◇◇
2015April 29, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

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Sample answer — “What is the CEO’s total compensation?”
- Peter Ho (Chairman of the Board of Directors and Chief Executive Officer), FY2025 total compensation $6,016,006 (base salary $915,308) [exec_comp, SEC accession 0000046195-26-000022, filed 2026-03-13]

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What this page does not include

Everything above is a fact Bank of Hawaii disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Bank of Hawaii sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $499
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Say-on-pay responsiveness
Bank of Hawaii recorded a low support level. The responsiveness analysis covers what the company said it would do, what it did, and how that compares with the companies that recovered their vote.
Responsiveness analysis
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
237 figures on this page: 226 cited to the filing that reported them, 11 calculated from figures it prints.
226 cited to the filing
11 calculated from the filing

Documents cited

  1. 0000046195-26-000039
  2. 0000046195-26-000022
    CEO and Median Employee Compensation · Director Compensation · Director Compensation Table · Grants of Plan-Based Awards · and 2 more sections
  3. 0000950170-25-061194
  4. 0000950170-25-039381
    Summary Compensation Table
  5. 0000950170-24-051229
  6. 0000950170-24-032071
    Summary Compensation Table
  7. 0000950170-23-016404
  8. 0001564590-23-003859
    Summary Compensation Table
  9. 0001564590-22-017386
  10. 0001564590-21-023372
  11. 0000046195-20-000053
  12. 0000046195-19-000054
  13. 0000046195-18-000038
  14. 0000046195-17-000033
  15. 0000046195-16-000130
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Bank of Hawaii executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/BOH (accessed 2026).
Short form: data: Velarion

The paid brief for Bank of Hawaii

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
Get the executive briefGet the board briefNo account needed.
15 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Banking rankings

Chief executive pay — BankingCEO pay ratio — BankingSay-on-pay support — Banking

Peers Bank of Hawaii discloses

The companies named in BOH's own disclosed peer group.

Associated Banc-CorpBanner CorporationBOK Financial CorporationCathay General BancorpCommerce Bancshares, Inc.Community Financial System, Inc.CVB Financial Corp.First Financial Bancorp.First Hawaiian, Inc.Fulton Financial CorporationGlacier Bancorp, Inc.Hancock Whitney CorporationHome Bancshares, Inc.International Bancshares CorporationOld National BancorpPacific Premier Bancorp, Inc.PacWest BancorpProsperity Bancshares, Inc.Renasant CorporationTexas Capital Bancshares, Inc.Trustmark CorporationUMB Financial CorporationUnited Bankshares, Inc.WaFd, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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