Bank of Hawaii Corporation announced that Vice Chair and Chief Financial Officer Dean Y. Shigemura will step down from his role effective June 30, 2025. Mr. Shigemura has served the company for 26 years, holding various leadership positions within the Finance Division.
Following his departure as CFO, Mr. Shigemura will transition to an Internal Consultant role for the company for one year, at an annual salary of $500,000, ensuring continuity and strategic financial counsel. This planned transition reflects long-term and intentional planning by the bank.
Bradley S. Satenberg, currently Senior Executive Vice President and Deputy CFO, will succeed Mr. Shigemura as CFO, effective July 1, 2025. Mr. Satenberg joined Bank of Hawaii in July 2024 and has been preparing for this expanded role, overseeing planning, financial accounting, and corporate taxation.
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