UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
| Date of Report | ||||||||
| (Date of earliest event reported) | ||||||||
(Exact name of registrant as specified in its charter)
| (State of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||
| (Address of principal executive offices) | (City) | (State) | (Zip Code) | ||||||||
(888 ) 643-3888
(Registrant's telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4 (c)) | |||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 27, 2025, the Board of Directors of Bank of Hawaii Corporation (the “Company”) promoted Bradley S. Satenberg to Vice Chair and appointed him Chief Financial Officer (“CFO”) of the Company and its principal operating subsidiary Bank of Hawaii, effective July 1, 2025. As part of this long-planned and previously announced transition, Mr. Satenberg, 54, succeeds Dean Y. Shigemura, who had been CFO since 2017 and with the Company for 26 years. Mr. Satenberg joined the Company as Senior Executive Vice President and Deputy CFO in July 2024 from Luther Burbank Corporation, where he was CFO of Luther Burbank Savings. In his new role, Mr. Satenberg will receive an annual base salary of $460,000 and he will continue to participate in incentive and benefit plans on terms consistent with other senior executives of the Company.
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: July 1, 2025 | Bank of Hawaii Corporation | |||||||
| By: | /s/ Patrick M. McGuirk | |||||||
| Patrick M. McGuirk | ||||||||
| Vice Chair and Chief Administrative Officer | ||||||||