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Business Briefs
Reported by Star-Bulletin staff & wire

Sunday, September 9, 2001



[TAKING NOTICE]

NEW JOBS

>> Stephen Clear has been elected president of Attco Inc., a theatrical, multi-image staging, lighting, and exhibition contractor. He joined the company in 1981 and most recently served as its vice president of production.

>> David Miho has been named director of operations at PurAir Hawaii. He will be responsible for operations at the local air conditioning and decontamination company.

>> Robert Schuster has been named hotel manager at the Orchid at Mauna Lani. Schuster, who has more than 23 years of hospitality experience, joins the Orchid at Mauna Lani after serving as director of operations support at Starwood Hotels and Resorts Hawaii.

>> Terrie Yap and Curt Cavanaugh have been named property systems manager and senior analyst, respectively, at Aston Hotels and Resorts Hawaii. Both Yap and Cavanaugh work in the management information systems department at Aston's Honolulu corporate office. Yap, who joined Aston in 1996, will be responsible for day-to-day property technology support and maintenance procedures. Cavanaugh will help lead the MIS department in the specification and implementation of new network-related technology projects for both the company's corporate office and at individual properties. An 18-year veteran of his field, Cavanaugh joins ASTON after serving as network manager at Servco Pacific.

>> Celia Fujikami has joined Primary Residential Mortgage Inc. as a loan officer. The former Celia Miho will be responsible for Asian market development at the company. Fujikami joins PRMI Inc. after serving as director of international sales and marketing at Mauna Loa Macadamia Nut Corp.

>> Jody Kono has been named national sales manager at the Hawaii Convention Center. She will be responsible for booking meetings, events and conventions for the West and Midwest U.S. markets and the Japan market. Kono joined the center in 1997 as a sales manager. In addition, Mari Tait has been named executive housekeeper. She will oversee all housekeeping duties in the center's public areas and function rooms. Tait, who has more than 16 years of housekeeping management experience, joins the Hawaii Convention Center after serving as executive housekeeper at the Queen Kapiolani Hotel.

>> Patricia Dykstra and Kim Akana have been named management executives at Hawaiiana Management Company Ltd. Dykstra joins Hawaiiana after serving as director of training at Professional Property Management in Illinois. Akana joins the company from Metropolitan Management Inc. She also worked at Chaney, Brooks and Co.

PROMOTIONS

>> Jim Guequierre has been named an associate in the Wimberly Allison Tong & Goo. Prior to joining WATG in 1999, Guequierre served as the director of design for Ferraro Choi & Associates and was an associate with Skidmore Owings and Merrill in Chicago. He has more than 20 years of experience in the design and space planning of hotel and retail facilities, corporate headquarters and an array of commercial environ- ments.

>> Ohana Hotels of Hawaii has named Wayne Sterling general manager of the Keauhou Beach Resort on the Big Island. Sterling has been with Outrigger Hotels and Resorts since 1997.

>> Graham "Bucky" Anderson, Derek Baughman and Lee Carson have been named senior vice presidents at Bank of Hawaii. Anderson will serve as senior vice president and retail credit manager, responsible for managing the credit risk of all products in the retail/consumer and small business markets. Baughman, a Bank of Hawaii employee since 1995, was named senior vice president and division manager of IMSG/information delivery services division. He will be responsible for the oversight of all computer operations as well as departments responsible for the bank's network and distributed systems. Carson was named senior vice president and division manager of the Bankoh loan center. She will be responsible for managing credit approvals for small business and consumer loans in Hawaii and the West Pacific. Carson joined Bank of Hawaii in 1972.

>> Automatic Data Processing Hawaii has named Jerry Busone as is new manager for the Hawaii Region. Busone, who has been with ADP since 1989, comes to Hawaii after serving for three years as vice president of sales for the company's Tampa Sales Region. Busone is also a former women's basketball coach for the University of Hawaii.

>> Verizon Wireless has named Albert Swierzy director of Network System Performance for the company's Hawaii Region. He has had network engineer positions with Verizon Wireless and US West/Airtouch in Washington state.

>> Alvin Ige has been promoted to vice president and senior commercial loan officer at Finance Factors Ltd. He will be responsible for oversight of Finance Factors' commercial loan officers and assisting with generation and closing of commercial mortgage loan applications. Pamela Honda has been promoted to assistant vice president and loan closing supervisor. She will be responsible for supervising all mortgage closing department staff, as well as overseeing all portfolio and conforming loan closings for Finance Factors. She joins the institution after serving as an underwriter at First Hawaiian Creditcorp.

ON THE BOARD

Alan R. Kimi, Jim S. Hiramatsu and Audrey Hidano have been named to the Maryknoll School board of trustees. Kimi is president and CEO of Sand & Seaside Hotels, which has properties on the Big Island, Maui and Kauai. Hiramatsu is president and CEO of The American Coating Co. and HICL Distributors. He was a 13-year student at Maryknoll. Hidano is deputy director for the state Department of Labor and Industrial Relations. She is also the secretary-treasurer of Hidano Construction Inc.

>> The Hawaii Advertising Federation has named Paul Lam president of its board for 2001-02. Lam is advertising manager for Servco Pacific Inc. The following individuals also were named officers and board members: Page Gaylord, vice-president; Susii Hearst, secretary; Louise Saffery, treasurer; Jerry Blue and Bradley Shin, membership committee chairs; Janet Scheffer and Susii Hearst, education committee chairs; Lora Williams, Teri Yamashige and Patrick Bullard, program committee chairs; Marianne Martin, Web site chair; Peter Rosegg, publicity chair; Stuart Chang, Maureen McNamara, Kay Hampton, Jeff Schatz, Mary Winpenny and Roberta Cullen, advisory board chairs; Barbara Scott, AAF District 13 chair; and Jim Myers, AAF District 13 governor.

RECOGNITION

>> Subway Restaurants named Ted Davenport Development Agent of the Year for the Pacific region at its recent convention in Las Vegas. He was one of 12 regional developers honored out of 201 companywide. Davenport became a Subway franchisee in Honolulu in 1991. Now his office oversees 86 Subway outlets throughout the state.

>> Christina Wright-Ah Sam, Carol Wear and Marie Costello of Oahu were recognized during Tupperware's annual Jubilee convention. Wright-Ah Sam, a diamond crown manager of 100 Tupperware consultants, was named as manager of one of the top Tupperware Sales Units in the United States. She has been with Tupperware since 1987. Wear was recognized as the Number One Top New Tupperware Manager. She joined the company in 2000. As a manager, Wear assists 35 independent Tupperware consultants. Costello, who has been with Tupperware since 2000, was named as one of the Top New Tupperware Managers. Costello demonstrates and sells Tupperware products along with assisting 24 other independent Tupperware consultants.

[WINNERS & LOSERS]

[WINNERS]

Uber-tech firm Microsoft, which has escaped any potential of receiving the monopolist's equivalent of the death penalty -- being broken up. The U.S. Justice Department, under the more pro-business Bush administration, said it has changed its mind on recommending the company be split into two separate parts.

<< Promotion of Hawaii tourism, which is set to receive several international boosts. The Hawaii Visitors and Convention Bureau is upping its effort to attract business travelers from China, and will soon open its second office there, in Shanghai. In addition, starting next month, the bureau will begin an annual international "Aloha Friday" event. Also in the near future; better coordination of the bureau's Web sites.

Oahu home resales, which rose 5.6 percent in August, continuing an upward trend begun in 1994. Though the median price of resales slipped just a touch last month, the volume of single family home sales is up more than 10 percent year to date. Condominium resales jumped 19.8 percent in August, and the average price climbed 7.5 percent, to $129,000.

[LOSERS]

Investors, both in the United States and in Japan. The two countries' prime stock market indices are racing for the bottom in an inverse economic battle. The Dow Jones Industrial Average has fallen 8 percent over two weeks, to 9,605. But lest you feel depressed about that, consider that the Nikkei closed at 10,516 Friday, down 73 percent from its 1989 high of nearly 39,000. Good thing windows on those high office building offices don't open anymore.

>> Pacific Wings, the tiny airline that flies passengers and cargo with regular schedules to the state's rural airports. The company said it would cut back on some routes after it could not navigate state Department of Transportation bureaucracy to gain additional hangar space at Kahului airport.

Hewlett-Packard, which was hammered over its announced purchase of Compaq Computer Corp. Though the combined company would be the world leader in PC sales and be about the size of IBM, analysts said it would be too dependent on slumping PC sales and sent the stock grasping for tech support, down 22 percent to $18.08.





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