Taking Notice

NEW JOBS

>> Kevin Kasai has been named project developer at the single family home development Kapolei Kai by Kobayashi Group LLC. Kasai, who has more than 10 years of experience in real estate development, is also a project manager for a development on the Big Island.

>> Kelii Brown has been named director of public relations and promotions at the Maui Visitors Bureau. He was most recently director of public relations at the Four Seasons Resort Hualalai on the Big Island. Brown replaces Charlene Kauhane, who will continue to work with the bureau as an independent contractor. She will work on developing the European and Canadian markets.

>> Larry Schmaus has been named general manager at Sergio's in the Hilton Hawaiian Village, which is scheduled to open later this month. Schmaus previously served as the restaurant's general manager from 1988-96.

>> Michael J. Bianco has been named vice president of claims at Island Insurance Cos. He will be responsible for developing and directing claims handling. Bianco previously served as a regional claim executive at Fireman's Fund Insurance Co. in San Francisco.

>> The Radisson Waikiki Prince Kuhio recently named the following individuals to positions at the hotel: Daniel Bayne, director of group sales; Daya Stryker, director of catering; Linda Nakaima, director of human resources; and Jonathan Hughes, beverage manager.

>> Castle & Cooke Homes Hawaii has named Yoshi Huntanar sales administrator. She most recently worked as an English translator for Matsushita Industrial Co. Ltd. in Korea and Georgia.

>> Patty Low has been named an account executive for special projects at Trade Publishing Co. She will be responsible for print services and advertising sales. Low joins Trade Publishing after serving as a commercial printing department account executive at Oahu Publications.

>> Teri Ogawa has been named spokeswoman for Kahala Mall. Having recently received an MBA at the University of Hawaii, she also works at the University of Hawaii College of Business as program manager for the Pacific Asian Center for Entrepreneurship.

PROMOTIONS

>> Patrick G. Murphy has been promoted to president and general manager at AES Hawaii Inc. He will be responsible for oversight of all day-to-day operations at the AES facility at Campbell Industrial Park. Murphy, a 10-year employee at AES Hawaii, previously served as vice president before his promotion.

>> Mark Wakatsuki has been promoted to vice president of the credit administration department at Finance Factors Ltd. He will be responsible for oversight of the company's loan quality policy compliance efforts as well as liquidation and maintenance of the company's real estate. Wakatsuki has been with the company since 1983. He previously served as assistant vice president and mortgage officer.

>> Gerard Lee, Ritchie Koyanagi, Leslie Chang and Robin Kaneshiro have been promoted at Hawaii National Bank. Lee was named senior vice president and director of information services. Koyanagi will serve as vice president and regional manager for the bank's Windward and East Oahu regions. Chang and Kaneshiro were named vice president and Bishop Street Branch manager, respectively. In addition, Michael Y.J. Lau was named manager of Hawaii National Bank's Kalihi Branch. He joins the bank after working at City Bank.

>> John Palos has been promoted to chief superintendent of golf at the Waikoloa Beach Resort. He will be responsible for management of all maintenance operations at the Waikoloa's golf facilities. Palos has served the past 10 years as assistant golf maintenance superintendent at the Waikoloa Kings' Course before his promotion.

>> First Hawaiian Bank recently promoted the following employees at the company: Michael A. Coates, vice president and manager, transaction management department; Norman S. Doi, vice president and branch manager, University Branch; Michael J. Dulaney, assistant vice president, dealer center division; and Kathyleen M. Perreira, assistant vice president, information management group. In addition, Kim Huber has been named a personal banking officer at the Kapiolani Banking Center, and Lance N. Matsuda has been named service manager at First Hawaiian's Chinatown Branch.

>> Joao W. Santos has been promoted to assistant vice president and reinsurance and regulatory manager at Island Insurance Cos. He will be responsible for reinsurance buying, rate and form filings, statistical reporting and regulatory compliance monitoring at the company. Santos brings more than 12 years of industry experience to the position.

>> Cecilia Villafuerte, Kay Tannahill and Arlene Kamakana have been promoted at City Bank. Villafuerte and Tannahill, who work at the bank's Kapalama and McCully branches respectively, were promoted to business relationship managers. Kamakana was promoted to operations manager of Hawaii for Datatronix Financial Services, a subsidiary of CB Bancshares Inc. And Eddy Ng was named business relationship officer at the City Bank Main Branch. Ng joins the bank after serving as a business banking officer at Bank of Hawaii.

ON THE BOARD

>> Beverly Lee has been named chairwoman of the Hawaii State Federal Credit Union. Other new board's officers are: Amy Motooka, vice chairwoman; Louise Akamine, secretary; Andrew Endo, treasurer. Directors are: Tit Mun Chun, Peter Leong and David Shimabukuro. Willard Yim was named chairman of the credit union's supervisory committee. Other members are: Gerald Dang, Wayne Horie and Richard Yamamoto.

>> Ronald T. Mizuno was elected president of the Honolulu Elks Lodge #616 for 2002-03. Other new officers are: Glenn Beppu, first vice president; Piilani Kealakai, second vice president; Keith Williams, third vice president; Gary Grimes, lodge secretary; and Jill Dahlman, president's assistant. In addition, Diane Lee was installed as a new five-year trustee at the lodge.

>> Ron Nakatsu was named president of the Papaikou Club for 2002-03. Other new officers are George Tsugawa, vice president; Jean Yonemura Sakai, secretary; and Tatsuo Inouye, treasurer. New directors on the club's board are: Jaime Rebuldela, Betty Ah Chin Masaki, Shirley Ishimoto Gushiken, Henry Izuka, Hideo Tomita, Mitsuo Sumida and Sadao Yamashita.

RECOGNITION

>> Jeff White was recently named to Linsco/Private Ledger Financial Services' Patriot's Club. He was recognized for his achievements in client service over the past year, a status obtained by 11 percent of the company's representatives. White received a trip to Las Vegas in recognition of the honor.

>> The Japan-America Institute of Management Science will honor Takuma Yamamoto, chairman emeritus of Fujitsu Ltd., to a blessing of its new technology-based services center on Wednesday. The center was named the Takuma Yamamoto e-Learning Center by the JAIMS board of trustees in recognition of his support over the years.

>> Lee Grossman has been elected president of The Autism Society of America. Grossman, who has served on the ASA board of directors since 1996, owns a small business in Hawaii. He was sworn in as president during the ASA national conference in San Diego, Calif.

>> Elise Mihara-Nakamura has been awarded the 2001-02 ATHENA Award for Big Island Businesswoman of the Year by the Hawaii Island Chamber of Commerce and Island Chevrolet. Mihara-Nakamura is president and chief executive officer of Mihara Transfer Inc. She joined the family-owned company in 1974.

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Intel CEO's bonus cut in half to $1.1 million

WASHINGTON >> Intel Corp. Chief Executive Craig Barrett's total pay dropped in 2001 as his bonus was cut in half, the company said.

Barrett's base salary remained $575,000 in 2001, and his cash bonus fell to $1.1 million compared with $2.8 million in 2000.

In a filing with the Securities and Exchange Commission, the computer-chip giant said the drop in the bonus reflects its intent to relate them to the company's financial performance.

Intel earned $1.3 billion in 2001, down 88 percent from 2000. Revenues were $26.5 billion, down 21 percent.

In addition to his base salary and bonus, Barrett also realized about $17.3 million from exercising stock options in 2001.

Hilton CEO's '01 bonus dropped to $900,000

WASHINGTON >> Hilton Hotels Corp. President and Chief Executive Stephen Bollenbach's 2001 bonus fell to $900,000 from $1.8 million the previous year, according to a filing with the SEC.

Hilton reduced the CEO's bonus because the company didn't meet its earnings objectives in 2001 due to the slowdown in travel following the Sept. 11 terrorist attacks, the filing said.

Bollenbach's 2001 salary was $1 million, compared with $928,100 in 2000. He also received $205,200 in other compensation, including contributions to the company's 401k savings plan and life insurance premiums.

Bollenbach, 59, was hired by the Beverly Hills, Calif., company as president and CEO in 1996.

Jane magazine spinoff could launch in late 2003

NEW YORK >> Say hello -- maybe -- to Jane Sr.

Jane Pratt, the hip magazine editor who has enthralled teens and twenty-something women over the years with formula-breaking magazines like "Sassy" and her current effort, "Jane," plans to bring her brand of communication to women who hit the big 4-0.

Pratt, who is on the cusp of that age herself, has proposed a magazine called "Elizabeth" -- her middle name -- to top honchos at Fairchild Publications, one of the two large magazine-publishing houses owned by Advance Publications Inc.

Pratt has won some notice for creating magazines that speak frankly with their audiences about "taboo" subjects, feature original reporting and sound less authoritarian than they do friendly.

Instinet CEO Doug Atkin resigns, replaced by CFO

NEW YORK >> Stock-trading network Instinet Group Inc. said President and Chief Executive Douglas M. Atkin resigned to pursue other interests.

He was replaced by Chief Financial Officer Mark Nienstedt in an acting capacity.

New York-based Instinet also said it named Jean-Marc Bouhelier, currently executive vice president in charge of Instinet's U.S. institutional and professional business, to replace Kenneth K. Marshall as chief operating officer.

Instinet said Marshall "decided to use this opportunity to retire" but has agreed to serve through the end of the year as a special consultant.

AOL's Pittman takes control of Internet unit

DULLES, Va. >> AOL Time Warner Inc. said co-Chief Operating Officer Robert Pittman will replace Barry Schuler as chief executive at America Online after the Internet unit's fourth-quarter advertising sales tumbled.

Pittman will add Schuler's operating responsibilities to his job, Bloomberg News reported. Schuler, named to run a new digital-services unit at the New York-based company, became chairman and CEO of the Internet unit when America Online Inc. bought Time Warner Inc. in January 2001.

The 48-year-old Pittman, who helped boost advertising after he joined America Online in 1996, needs to sign new ad contracts and revive slowing subscriber growth, analysts said.

Ford ex-CEO Nasser paid $17.9 million

DEARBORN, Mich. >> Ford Motor Co. Chief Executive Officer Jacques Nasser received $17.9 million in compensation last year, when he was replaced at the helm of the second-largest automaker amid losses and declining sales.

Nasser was paid $1.75 million in salary and $3.1 million in long-term incentive pay related to Ford's performance from 1998 to 2000, according to a proxy the company filed with the U.S. SEC.