StockWatch
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Electric Utilities: Central
Management ChangeApr 10, 2026, 05:11 PM

HE Retains Former CFO Scott DeGhetto as Consultant for $200K/Month

AI Summary

Scott T. DeGhetto's term as Executive Vice President & Chief Financial Officer of Hawaiian Electric Industries, Inc. ended on April 1, 2026. The company subsequently entered into a one-year Consultant Services Agreement with Mr. DeGhetto, effective April 6, 2026. Under this agreement, he will advise on debt and equity financing, corporate dispositions, and other market-related projects, receiving a monthly fee of $200,000 and an additional $1,350,000 for special projects.

Key Highlights

  • Scott T. DeGhetto's CFO term ended April 1, 2026.
  • Entered one-year consultant agreement effective April 6, 2026.
  • Monthly consulting fee of $200,000.
  • Additional $1,350,000 for special projects.
  • Agreement ends April 5, 2027.