Hawaiian Electric CEO's bonus lacked incentive to cut wildfire risk, documents show

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Hawaiian Electric CEO's bonus lacked incentive to cut wildfire risk, documents show
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Hawaiian Electric’s CEO received an annual bonus last year tied to profit, worker safety and bolstering the supply of renewable energy, but not linked specifically to reducing wildfire risk, according to a Reuters review of company disclosures.

CEO received an annual bonus last year tied to profit, worker safety and bolstering the supply of renewable energy, but not linked specifically to reducing wildfire risk, according to a Reuters review of company disclosures.

California utilities, which have also been blamed for deadly wildfires, have done so, but they are alone. Kimura received 74%, or $337,500, of her potential bonus award that year – her first as CEO - because she missed seven out of 10 target goals, according to the disclosures.

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