Hawaiian Electric Company Announces Appointment to Its Board of Directors

Hawaiian Electric Company (HECO), the utility subsidiary of Hawaiian Electric Industries, Inc. (NYSE:HE), today announced the appointment of Peggy Fowler to its board of directors.

Fowler most recently served as President and CEO of Portland General Electric (NYSE:POR) until her retirement in March 2009. During her 35 years with PGE, she managed almost every area of the company, including positions in environmental, customer service, energy delivery, power production, and hydroelectric and substation operations. Fowler continues to serve on the Board of Directors of Portland General Electric.

"We are pleased to have Peggy join our utility board as she brings extensive industry and public company experience,” said Constance H. Lau, Hawaiian Electric Company board chair and president and CEO of its parent company, HEI. "As the power industry faces increasing changes and opportunities, we welcome the depth of her industry experience and the perspective she will add to our diverse board.”

Among her long list of other business and community activities, to name a few, she serves on the board of Umpqua Holdings Corporation (UMPQ on NASDAQ) and the Portland branch of the Federal Reserve Bank of San Francisco, as well as volunteering for the Boys and Girls Club and the American Heart Association.

Hawaiian Electric Company, Inc., together with its subsidiaries Maui Electric Company, Limited and Hawaii Electric Light Company, Inc. supplies power to over 400,000 customers, or 95% of the population on Oahu, Hawaii, Maui, Lanai and Molokai.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6026789&lang=en