Raymond P. Vara Jr. serves as Independent Director of the Company. Mr. Vara's financial and operational background coupled with his senior executive and audit committee experience make him qualified to serve on the Company's Board. His community involvement and leadership of Hawaii's largest health care provider and non-governmental employer also bring a valuable perspective of a key segment of the markets we serve. As President and CEO of Hawaii Pacific Health, he oversees Hawaii's largest health care provider comprised of Straub Medical Center, Kapiolani Medical Center for Women & Children, Pali Momi Medical Center, Wilcox Medical Center and Kauai Medical Clinic. Prior to his appointment in 2012, he served as its Executive Vice President and Chief Executive Officer of Operations since 2004. Mr. Vara also served as Chief Financial Officer and Chief Executive Officer for Los Alamos Medical Center in New Mexico, an integrated health care service provider. Prior to joining the private sector, Mr. Vara held various positions in the United States Army, including Controller for the Army's Northwestern Healthcare Network, Deputy Chief Financial Officer of the Madigan Army Medical Center in Tacoma, Washington, and Assistant Administrator and Chief Financial Officer of Bassett Army Community Hospital in Fairbanks, Alaska. Mr. Vara is active in the Hawaii community and serves on several boards, including Island Insurance Company, Ltd., Island Holdings, Inc., American Heart Association-National Board (Treasurer and Chair of the Finance and Operations Committee), Blood Bank of Hawaii, Mid-Pacific Institute and Hawaii Pacific University (Chair of Compensation Committee). Mr. Vara holds a bachelor's degree in finance from Hawaii Pacific University and received his M.B.A. from the University of Alaska.
As the Independent Director of Bank of Hawaii, the total compensation of Raymond Vara at Bank of Hawaii is $159,065. There are 16 executives at Bank of Hawaii getting paid more, with Peter Ho having the highest compensation of $5,307,170.
Raymond Vara is 50, he's been the Independent Director of Bank of Hawaii since 2013. There are 20 older and 6 younger executives at Bank of Hawaii. The oldest executive at Bank of Hawaii Corp. is Mark Burak, 71, who is the Independent Director.
Raymond's mailing address filed with the SEC is 130, Merchant Street, Downtown, Chinatown, Honolulu County, Hawaii, 96813, United States.
Over the last 22 years, insiders at Bank of Hawaii have traded over $18,278,975 worth of Bank of Hawaii stock and bought 25,417 units worth $1,215,922 . The most active insiders traders include Michael E Oneill, Victor K Nichols, and Peter S Ho. On average, Bank of Hawaii executives and independent directors trade stock every 108 days with the average trade being worth of $760,998. The most recent stock trade was executed by Taryn L Salmon on 25 July 2024, trading 2,364 units of BOH stock currently worth $160,279.
bank of hawaii is the primary subsidiary of bank of hawaii corporation. the financial institution was founded in 1897 and is the largest independent financial institution in hawaii. bank of hawaii corporation is a regional financial services company serving businesses, consumers and governments in hawaii, american samoa and the west pacific.
Bank of Hawaii executives and other stock owners filed with the SEC include: