First Insurance Co. of Hawaii said Tuesday it is rewarding all employees below the assistant vice president level with cash bonuses of $1,000, payable Jan. 12.
FICOH said the bonus applies to 315 of its 338 employees.
In addition, FICOH said this year it will contribute up to $600,000 to the First Insurance Co. of Hawaii Charitable Foundation, which serves the local community in four main focus areas: education, health and social services, arts and culture, and economic development.
Last year the foundation distributed grants totaling more than $419,000 to local nonprofits.
Broadway set box office records in 2017
NEW YORK >> The year on Broadway came to a sparkly end for theater producers as many shows recorded their most profitable weeks ever despite theatergoers facing bitter cold and some eye-popping ticket prices.
Ten shows last week earned more than $2 million, led by “Hamilton,” ”The Lion King” and “Wicked,” which each pulled in more than $3 million, according to the Broadway League, a national trade association for the industry. The year ended with grosses soaring to $1.6 billion, attracting 13.74 million patrons, both yearly records.
New weekly highs were reached by shows including “Come From Away,” “SpongeBob SquarePants,” “Charlie and the Chocolate Factory,” “The Play That Goes Wrong,” “Waitress” and “The Band’s Visit.” Even the musical “Chicago” got into the act at the mature age of 21, earning a record $1.3 million.
Those who boasted surpassing the $2 million mark included “The Phantom of the Opera,” “Hello, Dolly!” “Dear Evan Hansen,” “Charlie and the Chocolate Factory,” “Aladdin,” “Springsteen on Broadway” and “The Book of Mormon.”
The time around Christmas and New Year’s is usually Broadway’s boom time, but this holiday season was particularly flush, pushed by premium pricing and several shows going from eight performances a week to nine. The average price for a seat at “Hamilton” was $358, while it was $508 to hear Bruce Springsteen. The official top premium price to see Bette Midler in “Hello, Dolly!” was $996.
The holiday revue “Home for the Holidays,” which featured the winners of various TV singing competitions, ended its run as one of the poorest-performing shows ever on Broadway with $80,000 over eight performances. The average ticket was just $26, but the theater was 70 percent empty.
ON THE MOVE
Goodsill Anderson Quinn & Stifel has announced that Michael J. O’Malley, an attorney, is the new managing partner at the firm. O’Malley’s responsibilities include overseeing Goodsill’s business, management and operations.
First Hawaiian Bank has announced the following new employees and a promotion:
>> Hanul Abraham is First Hawaiian Bank’s new vice president for the Corporate Banking Division. Her responsibilities include managing a portfolio of corporate banking clientele in Hawaii as well as on the U.S. mainland. Abraham has 11 years’ experience in financial services.
>> Deidre Matsuda joined the bank as vice president and consumer compliance officer for the Consumer Service Center. She will oversee the service center’s compliance activities as well as Hawaii and Guam Dealer Centers and the Collection & Recovery Center. Matsuda has 30 years of compliance and audit experience.
