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Bank Of Hawaii Corp. (BOH) has provided an announcement.
The Human Resources and Compensation Committee of a company has approved salary increases and performance-based bonuses for their top executives in alignment with their pay-for-performance philosophy. The executives, including the CEO and CFO, will receive substantial bonuses and base salary hikes for 2023, with awards tied to specific performance goals. Additionally, they granted performance-based Restricted Stock Unit Grants to these executives, providing them with a direct stake in the company’s future success. The financial incentives are structured to ensure that executive goals are consistent with the company’s strategy, operational performance, and shareholder interests.
See more data about BOH stock on TipRanks’ Stock Analysis page.