First Hawaiian Hires New President

First Hawaiian Bank in Honolulu has gone outside the banking industry to select its next president.

The $18.7 billion-asset company said in a press release Monday that Eric Yeaman will also become its chief operating office on June 22. He will succeed Bob Harrison as president; Harrison will remain chairman and chief executive.

Yeaman has been president and chief executive of Hawaiian Telcom since 2008. He previously held senior posts at Hawaiian Electric Co., Hawaiian Electric Industries, Kamehameha Schools and Arthur Andersen.

Yeaman "is a local boy who knows Hawaii and its people," Harrison said in the release. "He understands the island business community and has a proven track record in building technology solutions that make sense for customers. In addition, he has executive experience in a wide range of businesses as well as a broad financial management background that will strengthen the next generation of our team."

Harrison became First Hawaiian's president in 2009; he added the CEO title three years later when Don Horner retired. Harrison became chairman last year.

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