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HAWAIIAN ELECTRIC INDUSTRIES INC · Jun 15, 4:11 PM ET

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HAWAIIAN ELECTRIC INDUSTRIES INC 8-K

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Hawaiian Electric Industries Reports Annual Meeting Vote Results

What Happened
Hawaiian Electric Industries, Inc. (HEI) filed an 8-K reporting the results of its Annual Meeting of Shareholders held June 11, 2026 (record date April 6, 2026). At the meeting (proxies solicited under Regulation 14A), all director nominees listed in the proxy were elected, shareholders approved an advisory vote on executive compensation, and they ratified Deloitte & Touche LLP as HEI’s independent registered public accounting firm for 2026. HEI reported 172,635,624 shares of common stock issued and outstanding and entitled to vote as of the record date.

Key Details

  • Total shares outstanding and entitled to vote (record date Apr 6, 2026): 172,635,624.
  • All 12 director nominees were elected (examples of final votes: James A. Ajello — 123,453,432 for; Peggy Y. Fowler — 121,019,850 for). Broker non-votes for director elections: 25,424,612 each.
  • Advisory "say-on-pay" approval: 121,283,353 for; 3,464,322 against; 866,951 abstentions; 25,424,612 broker non-votes.
  • Ratification of auditor (Deloitte & Touche LLP) for HEI: 148,329,328 for; 1,587,347 against; 1,122,563 abstentions (no broker non-votes).
  • Hawaiian Electric Company, Inc. (HEI is the sole common shareholder): by written consent on June 11, 2026, HEI fixed Hawaiian Electric’s board at 12 directors, elected the same slate, and ratified Deloitte as Hawaiian Electric’s 2026 auditor.

Why It Matters
These outcomes confirm continuity in HEI’s board leadership and governance plans for the coming year and reflect shareholder support for the company’s executive pay practices (advisory) and its choice of independent auditor. For investors, elections and ratified auditors affect oversight and financial reporting credibility; the sizable broker non-vote indicates a portion of shares (often held by brokers for clients who didn’t vote) did not participate in certain matters.

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