Hawaiian Electric Company Inc., a subsidiary of Hawaiian Electric Industries Inc. (HEI, NYSE: HE), announced that its president and chief executive officer (CEO), Richard Rosenblum, will retire within a year.
Rosenblum joined Hawaiian Electric after a 32-year career at Southern California Edison. He also served as a member of Hawaiian Electric's board of directors since 2009.
"Today, thanks to collaborative efforts with many partners, our utilities are meeting more than 18 percent of our customers' energy needs with renewable energy, compared to just 8 percent in 2008. We lead the nation in rooftop solar photovoltaic systems per customer, and we're broadly recognized as an industry leader in the integration of renewable energy," Rosenblum said.
HEI supplies power to approximately 95 percent of Hawaii's population through its electric utilities: Hawaiian Electric Company Inc., Hawaii Electric Light Company Inc. and Maui Electric Company Ltd.
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