Company: BOH
Filing Date: 2025-03-14
Form Type: DEF 14A
Source: 0000950170-25-039381
Chunk: 61

Company: BANK OF HAWAII CORP
Filing Date: 2025-03-14
Form: DEF 14A
Chunk 61
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 Shairson serves as Vice Chair and Chief Risk Officer and a member of the Company's Executive Committee. Mr. Shairson joined the Company in May 2023. Under Mr. Shairson’s leadership, the risk management program has been strengthened and broadened. This includes implementing a strong financial risk management program overseeing capital, market, and liquidity risk, as well as the Bank’s interest rate hedging program. In addition, Mr. Shairson enhanced model risk management, enterprise risk management, and operational risk management areas and has championed investments in operational efficiency and comprehensive risk reporting James C. Polk Mr. Polk is President and Chief Banking Officer and is a member of the Company’s Executive Committee. Mr. Polk oversees the Company’s Commercial Banking, Wealth Management, and Retail Banking lines of business. His responsibilities include driving the strategic direction, financial performance, and risk management of those businesses in line with the Bank’s overall goals. The Committee discussed Mr. Polk’s contributions in 2024 including his role in ensuring the Company met its key business and performance goals highlighted by quality commercial loan growth, strong and stable deposit levels, and increased fee income. In addition to driving various strategies to support both current and future financial performance, important progress was made in strengthening the Company’s strategic deposit management capabilities, growing the Wealth Management and broker-dealer businesses, and building stronger internal partnerships to drive enhanced revenue opportunities across all key client segments. In addition, Mr. Polk played a key role in driving the development and implementation of the Bank’s current strategic plan. Patrick M. McGuirk Mr. McGuirk is Vice Chair and Chief Administrative Officer, General Counsel and Corporate Secretary, and has been with the Company since November 2020. He is a member of the Company’s Executive Committee and has overall responsibility for the Legal and Administration Division, which includes the following shared-services business units: Legal, Legal & Custody, Corporate Secretary, Corporate Security, Corporate Insurance, Corporate Real Estate and Facilities, Enterprise Strategic Sourcing and Corporate Communications. He is also chair of the Company’s Environmental, Social and Governance Committee, and has been co-chair of the annual employee charitable giving campaign. The Committee discussed Mr. McGuirk's contributions in his area of responsibilities in 2024. Upon his promotion to Vice Chair, the number of business units Mr. McGuirk manages doubled and the number of employees under his supervision tripled. Mr. McGuirk demonstrated disciplined management of legal exposure and expenses, stewardship of the Company’s physical assets, a commitment