Hawaiian Electric Industries, Inc. has appointed Paul K. Ito as chief financial officer, effective January 1, 2023. Ito has been serving as HEI's interim CFO since July 2022. Ito was selected following a broad, national search conducted by the HEI leadership team and its board of directors.

Ito has been with HEI since 2018, where he has served as vice president of tax, controller and treasurer. He has led the accounting, financial reporting, tax and treasury functions, and provided support in the enterprise risk management, investment analysis, and strategic and operating plan functions. Ito also managed HEI's information technology efforts, leading digital transformation initiatives in accounting, tax and financial reporting.

Prior to joining HEI, Ito was senior vice president and CFO at Alexander & Baldwin, Inc. During his employment at A&B (2005-2017), his other roles included director of internal audit, corporate controller and treasurer. Ito worked in the audit practice at Deloitte & Touche, LLP's offices in Honolulu and San Jose, and Deloitte's national office in San Francisco (1996-2005). Ito holds a bachelor of business administration from University of Hawai'i at Manoa and a master in professional accounting degree with a concentration in managerial accounting from University of Texas in Austin.

Ito is a certified public accountant (not in public practice).