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First Hawaiian (NASDAQ: FHB) wealth management vice chair to retire March 31, 2026

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

First Hawaiian, Inc. reported that Alan H. Arizumi, Vice Chair of the Wealth Management Group for the company and First Hawaiian Bank, has announced his intention to retire. His retirement from all positions with the company and the bank will be effective March 31, 2026.

The company directed readers to a press release dated February 23, 2026, attached as Exhibit 99.1, for additional details on the transition. The press release is furnished, not filed, so it is not subject to certain Exchange Act liabilities or automatically incorporated into other securities filings.

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Insights

Senior wealth management executive announces retirement, leadership change appears planned and orderly.

First Hawaiian, Inc. disclosed that Alan H. Arizumi, Vice Chair of the Wealth Management Group, will retire effective March 31, 2026. This is a leadership change within a specific business line rather than a transition of core corporate officers like the CEO or CFO.

The company references a separate press release for more information, suggesting an organized communication plan around the transition. Actual business impact will depend on succession planning in the wealth management group, which may be detailed in subsequent disclosures or corporate communications.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): February 20, 2026

 

 

FIRST HAWAIIAN, INC.

(Exact Name of Registrant as Specified in Its Charter)

 

 

Delaware

(State or Other Jurisdiction of Incorporation)

 

001-14585   99-0156159
(Commission File Number)   (IRS Employer Identification No.)

 

999 Bishop St., 29th Floor    
Honolulu, Hawaii   96813
(Address of Principal Executive Offices)   (Zip Code)

 

(808) 525-7000

(Registrant’s Telephone Number, including Area Code)

 

Not Applicable

(Former Name or Former Address, if Changed Since Last Report) 

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class:   Trading Symbol   Name of each exchange on which registered:
Common Stock, par value $0.01 per share   FHB   NASDAQ Global Select Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

Item 5.02 Departure of Directors or Certain Officers; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On February 20, 2026, Mr. Alan H. Arizumi, Vice Chair, Wealth Management Group of First Hawaiian, Inc. (the “Company”) and First Hawaiian Bank (the “Bank”), announced his intention to retire from his positions with the Company and the Bank, effective March 31, 2026. For more information, reference is made to the Company’s press release dated February 23, 2026, a copy of which is attached to this Report as Exhibit 99.1. Exhibit 99.1 shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities under that Section, and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.

 

Item 9.01 Financial Statements and Exhibits.

 

(d)            Exhibits

 

Exhibit No. Description
   
99.1 Press Release issued by the Company, dated February 23, 2026
   
104 Cover Page Interactive Data File — the cover page XBRL tags are embedded within the Inline XBRL document

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  FIRST HAWAIIAN, INC.  
     
     
Date: February 24, 2026 By: /s/ Robert S. Harrison
  Name:  Robert S. Harrison
  Title:  Chairman of the Board, President and Chief Executive Officer
(Principal Executive Officer)

 

 

 

Exhibit 99.1

GRAPHIC

First Hawaiian, Inc. Announces Retirement of Vice Chairman and Leadership Transition in Wealth Management Your publication date and time will appear here. | Source: First Hawaiian, Inc. HONOLULU, Feb. 23, 2026 (GLOBE NEWSWIRE) -- First Hawaiian, Inc. (NASDAQ: FHB) ("First Hawaiian" or the "Company") announced today that Alan Aizumi, vice chairman of First Hawaiian, Inc. and First Hawaiian Bank, will retire effective April 3, 2026, following more than 40 years of service. "Alan has been a key member of our senior management team and has made lasting contributions to First Hawaiian Bank," said Bob Harrison, chairman, president and CEO. "His leadership across multiple areas of the bank reflects the breadth of his experience and his commitment to developing people and serving our communities." Aizumi joined First Hawaiian Bank in 1983 and has served on the senior management committee since 2009. He has led the wealth management group since 2013 and previously held senior leadership roles in risk management, business and card services, and across consumer, commercial and corporate banking. "As I reflect on my career, I am filled with gratitude for the opportunities and relationships that shaped my journey," Aizumi said. "It has been a privilege to work alongside so many outstanding colleagues and to contribute to an institution with such a proud history. I leave with great confidence in First Hawaiian Bank's continued success." Executive Vice President Michael Tottoff will assume responsibility for the wealth management group and join the senior management committee. Tottoff began his career with First Hawaiian Bank in 1989 and returned in 2005 after gaining private client investment experience on the mainland. Since then, he has advanced through a series of leadership roles within advisory, guiding the division's strategic growth, including overseeing the transition of FHB's broker-dealer platform to Raymond James Financial. He was promoted to division manager in 2020 and to executive vice president in 2024.

GRAPHIC

"Mike brings extensive experience and a proven record of growth to this role," Harrison added. "He understands the importance of strong client relationships and is committed to the communities we serve. His leadership and alignment with our culture position him well to lead First Hawaiian Bank's Wealth Management Group." 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 Hasegawa, CFA (808) 525-8288 khasegawa@fhb.com Media Contact: Lindsey Chambers (808) 525-6254 lchambers@fhb.com Photos accompanying this announcement are available at: https://www.globenewswire.com/ffh/Download/DownloadFile?source=pdf fileGuid=55d4937f-224e-43ed-937e-17dc3fef1cb7 https://pr.globenewswire.com/ffh/Download/DownloadFile?source=pr fileGuid=46230632-9ffb-4fc6-95e6-cb8080a8922

GRAPHIC

Alan Arizumi headshot Alan Arizumi, courtesy of First Hawaiian, Inc.

GRAPHIC

Michael Tottori headshot Michael Tottori, courtesy of First Hawaiian, Inc.

FAQ

What executive change did First Hawaiian, Inc. (FHB) disclose on February 20, 2026?

First Hawaiian, Inc. disclosed that Alan H. Arizumi, Vice Chair of the Wealth Management Group, plans to retire. His retirement from positions at the company and First Hawaiian Bank will be effective March 31, 2026, marking a leadership transition in the wealth management business.

When will Alan H. Arizumi’s retirement from First Hawaiian, Inc. (FHB) become effective?

Alan H. Arizumi’s retirement will become effective March 31, 2026. On that date, he will step down from his roles with First Hawaiian, Inc. and First Hawaiian Bank, concluding his service as Vice Chair of the Wealth Management Group.

Which role is affected by the executive retirement at First Hawaiian, Inc. (FHB)?

The retirement affects the Vice Chair, Wealth Management Group role held by Alan H. Arizumi. He serves in this position for both First Hawaiian, Inc. and First Hawaiian Bank, so his departure centers on leadership of the wealth management business line.

Where can investors find more details about the FHB executive retirement announcement?

Additional details are provided in a press release dated February 23, 2026, attached as Exhibit 99.1. The company notes this press release is furnished, not filed, meaning it is not automatically subject to certain Exchange Act liabilities or incorporated into other filings.

Is the First Hawaiian, Inc. (FHB) executive retirement press release considered filed with the SEC?

No. The company states Exhibit 99.1, its February 23, 2026 press release, is furnished and not deemed filed under Section 18 of the Exchange Act. It is also not incorporated into other securities filings unless specifically referenced.

Filing Exhibits & Attachments

4 documents
First Hawaiian Inc

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