First Hawaiian, Inc. COO to Leave the Company in March 2025

Rhea-AI Summary

First Hawaiian (NASDAQ: FHB) announced that Christopher L. Dods, Vice Chairman and Chief Operating Officer, will resign effective March 31, 2025. Dods will assist with the transition through Q1 2025. Since joining in 2007, Dods has overseen various divisions including card services, marketing, digital banking, and consumer products. In 2021, he was promoted to COO with additional oversight of Enterprise Technology Management, Operations Services, Data and Analytics, and Strategy. Under his leadership, the bank achieved significant modernization and improved digital banking experiences for customers. First Hawaiian Bank, founded in 1858, operates throughout Hawaii, Guam, and Saipan as the largest financial institution in Hawaii.

Positive

• None.

Negative

• Loss of key executive who led digital transformation and modernization efforts
• Potential disruption in operational leadership during transition period

News Market Reaction

-1.11%

1 alert

-1.11% News Effect

On the day this news was published, FHB declined 1.11%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

HONOLULU, Dec. 26, 2024 (GLOBE NEWSWIRE) -- First Hawaiian, Inc. (NASDAQ: FHB), (“First Hawaiian” or the “Company”) announced today that Christopher L. Dods, Vice Chairman and Chief Operating Officer of First Hawaiian, Inc and First Hawaiian Bank, has submitted his resignation effective March 31, 2025. He will continue to work with the management team through the first quarter of 2025 to ensure a smooth transition of his responsibilities.

Chris Dods joined First Hawaiian Bank in 2007 in the Card Services Division where he oversaw credit and debit card product development, operations, and compliance. Over time, his responsibilities grew to include marketing, corporate communications, digital banking, and all consumer products. In 2021 he was promoted to Vice Chairman and Chief Operating Officer and given oversight of Enterprise Technology Management, Enterprise Operations Services, Data and Analytics, and Strategy and Transformation.

“Chris has been a key member of our management team and has made significant contributions to FHB during his time at the bank,” said Bob Harrison, Chairman, President, and CEO. “Under his leadership, we have made great strides in modernizing the bank and creating a user-friendly, highly functional digital experience for both our consumer and business customers. We would like to thank Chris for his contributions and wish him well in his future endeavors.”

“My career here will always be a source of pride, and my love for the people and the organization can never be overstated,” said First Hawaiian, Inc. COO Chris Dods. “It has been a privilege to work at such a fine and storied institution as First Hawaiian Bank.”

First Hawaiian, Inc.

First Hawaiian, Inc. (NASDAQ: FHB) is a bank holding company headquartered in Honolulu, Hawaii. Its principal subsidiary, First Hawaiian Bank, founded in 1858 under the name Bishop & Company, is Hawaii’s largest financial institution with branch locations throughout Hawaii, Guam, and Saipan. The company offers a comprehensive suite of banking services to consumer and commercial customers including deposit products, loans, wealth management, insurance, trust, retirement planning, credit card and merchant processing services. Customers may also access their accounts through ATMs, online and mobile banking channels. For more information about First Hawaiian, Inc., visit the Company’s website, www.fhb.com.

Investor Relations Contact: Kevin Haseyama, CFA (808) 525-6268 khaseyama@fhb.com	Media Contact: Lindsay Chambers (808) 525-6254 lchambers@fhb.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/88c8436c-80fd-418c-8910-f90e506f6d5f

FAQ

When will First Hawaiian (FHB) COO Christopher Dods leave the company?

Christopher Dods will leave First Hawaiian on March 31, 2025, after submitting his resignation.

What were Christopher Dods' main achievements at First Hawaiian Bank (FHB)?

During his tenure, Dods led the bank's modernization efforts and improved digital banking experience for consumers and businesses. He oversaw card services, marketing, digital banking, consumer products, and various enterprise operations.

How long has Christopher Dods been with First Hawaiian Bank (FHB)?

Dods joined First Hawaiian Bank in 2007, starting in the Card Services Division, and was promoted to Vice Chairman and COO in 2021.

What transition plan has FHB announced for Christopher Dods' departure?

Dods will continue working with the management team through the first quarter of 2025 to ensure a smooth transition of his responsibilities.