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TheBuzz

BY ERIKA ENGLE

Friday, April 27, 2001



Hey, buddy! Can you
spare a CEO?

KANEOHE RANCH Co. Ltd., conducting major renovation of commercial and retail property in Kailua, is shopping for a new CEO. Randolph Moore retires June 1 to pursue another career as a middle school math teacher.

"It's not a secret," he said, adding that he's "entertained that such wild stories are going around." He said it is true, and doesn't see his career change as a big deal.

Moore, 62, is working toward a teaching certificate, attending post-baccalaureate classes at Chaminade University of Honolulu, but would not hazard a guess as to when the process will be complete. "I applied a long time ago with the (state Department of Education)," he said, "and what they've told me is that somebody will probably call me in August."

He hopes to receive "emergency certification" to enable him to be in a public school classroom in the fall.

Moore serves on the boards of directors of Hawaii companies such as Kauai's Grove Farm Co., Maui Land & Pineapple Co., Hawaii Stevedores Inc., and Koga Engineering and Construction Inc. However, he said, "teaching is at least a full-time job, so I don't anticipate having a whole lot of spare time for other things."

From BOH to Dole

Former Pacific Century Financial Corp. Chairman and CEO Lawrence Johnson has been nominated to serve on the California-based Dole Food Co. Inc. board of directors.

According to a Securities and Exchange Commission filing, nonemployee directors receive a $24,000 annual retainer, paid quarterly; $2,000 for each regularly scheduled board meeting attended; $500 for "telephonic meetings;" $1,000 for each committee meeting attended or $500 if by phone; $2,500 for each year of service as chairman of the audit or compensation committees, as well as 1,500 annual stock options.

The nomination of Johnson will be voted on at Dole's annual meeting June 8.





Erika Engle is a reporter with the Star-Bulletin.
Call 529-4302, fax 529-4750 or write to Erika Engle,
Honolulu Star-Bulletin, 500 Ala Moana Blvd., No. 7-210,
Honolulu, HI 96813. She can also be reached
at: eengle@starbulletin.com




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