Hawaiian Electric CEO's bonus lacked incentive to cut wildfire risk, documents show
Hawaiian Electric’s CEO received an annual bonus last year tied to profit, worker safety and bolstering the supply of renewable energy, but not linked specifically to reducing wildfire risk, according to a Reuters review of company disclosures. The state’s largest utility is being investigated over its role in the blaze that killed more than 114 people on the island of Maui earlier this month, the deadliest U.S. wildfire in a century. The county of Maui on Thursday sued Hawaiian Electric, accusing it of acting negligently by failing to shut down electric equipment, which the co...
Source: yahoo.com
