By Rick Daysog Title: Effective May 2, president and CEO, Hawaiian Electric Industries Inc.; chairwoman of Hawaiian Electric Co. Inc., HEI's utility subsidiary
Advertiser Staff Writer
Age: 53
Education: Punahou School; bachelor of science, Yale University; law degree from University of California Hastings College of the Law; master of business administration from the Stanford University's Graduate School of Business
Family: Married to Russell Lau, CEO of Finance Factors; three children
Lau, who joined HEI in 1984, has been president and chief executive officer of the company's American Savings Bank subsidiary since 2001. She helped transform the bank from a sleepy savings and loan into a full-service community bank. She will continue to head the bank after taking the top job at HEI.
Lau also serves as on the boards of Alexander & Baldwin Inc., Kamehameha Schools and Punahou School, and is president of the Hawaii Bankers Association.
"Ms. Lau has an outstanding record of achievement at American and is successfully transforming the bank from a retail thrift to a full-service community bank," Clarke said.
Hawaiian Electric Industries is the largest publicly traded company based in Hawai'i, with annual revenues of about $2.2 billion. continue...
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