Reported by Star-Bulletin staff & wire
Monday, January 19, 1998
HEI's Clarke leads Business Roundtable
Robert Clarke, president and chief executive of Hawaiian Electric Industries Inc., has been selected chairman of the Hawaii Business Roundtable.The group is a local nonprofit organization whose members include leaders in Hawaii's business community. Its stated purpose is to promote the state's overall economic vitality and social health.
Clarke succeeds Lawrence Johnson, chairman and chief executive of Pacific Century Financial Corp., the parent of Bank of Hawaii.
Dee Jay Mailer, vice president of Kaiser Permanente, was named vice chairman, while John Reed, president of Duty Free Shoppers Hawaii, was selected treasurer.
Harrison Ford flick proves boffo for Kauai
LIHUE - The filming of "6 Days/7 Nights" proved an economic boon for Kauai last year.The movie starring Harrison Ford and Anne Heche pumped $11.2 million into the Garden Isle economy, the county Office of Economic Development said, while 51 other productions spent $1.7 million last year.
In all, revenues from film projects on Kauai in 1997 reached $13 million, the highest yearly total ever. By comparison, film revenues for 1996 were about $6 million. Using an economic multiplier of two, film production last year infused about $26 million into Kauai's economy, the county said.
Portions of two other major movies - "George of the Jungle" and "Mighty Joe Young" - also were filmed on Kauai in 1997. Other productions included television shows, commercials and music videos.
Circus Circus chief resigns after 3 years
LAS VEGAS - Circus Circus Enterprises Inc. said today its chairman and chief executive, Clyde T. Turner, has resigned.The casino and hotel operator named chief operating officer Michael S. Ensign to the additional posts of chairman and chief executive.
Turner had said in 1995 he would be with the company for up to three years, in order to see the company through a transition phase, which is now "well underway," the company said.
Circus Circus will record an expense of 8 cents a share, or about $7.6 million, in the fourth quarter to settle Turner's employment contract.