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Lau retires as head of Hawaiian Electric Industries, Seu to succeed

Kimura to lead utility as its first female chief executive

Lau

The Maui News

Constance “Connie” Lau, president and CEO of Hawaiian Electric Industries, will retire after 15 years the leader of the parent company of electric utility Hawaiian Electric and community bank American Savings Bank, the companies announced Tuesday.

Scott Seu, president and CEO of Hawaiian Electric, HEI’s largest subsidiary, will be named HEI’s new chief executive, effective Jan. 1. He will also be appointed to the HEI board of directors and become the chairperson of the American Savings Bank board of directors, replacing Lau, also effective Jan. 1.

Shelee Kimura, senior vice president of customer service and public affairs at Hawaiian Electric, will succeed Seu as the utility’s president and CEO, becoming the first female chief executive in the company’s 130-year history, according to a news release.

Lau has been with the HEI family of companies since 1984 and has held the top post at HEI since 2006. She served as president and CEO of American Savings Bank from 2001 to 2008, and prior to that, held key leadership positions at HEI and Hawaiian Electric.

Seu

The appointments of Seu and Kimura, as well as the appointment of Ann Teranishi, who became president and CEO of American Savings Bank earlier this year, came as part of a multiyear succession planning process undertaken by the boards of directors of HEI, Hawaiian Electric and American Savings Bank.

“With years of experience in our companies and in the communities we serve, Scott and Shelee have helped lead Hawaiian Electric’s clean energy transformation and are committed to the decarbonization of our economy and the health of our communities,” Lau said in a news release. “They understand what’s at stake for Hawaii and how to work successfully with stakeholders and community partners. I am excited about the future of our companies under the leadership of Scott, Shelee and Ann.”

The new leadership team combined has more than 75 years of experience with the HEI companies.

Kimura

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