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Business Briefs
Star-Bulletin staff
and wire services
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FAST FACTS HAWAII
Brief case
SALLIE SELLING STOCK. SLM Corp., the government-backed student lender known as Sallie Mae, said yesterday it will sell stock in public offerings to raise proceeds of $2.5 billion. Sallie Mae shares sank to a five-year low last week amid questions about its finances and why a $25 billion buyout fell through.
SAMSUNG FIRES BACK. Samsung Electronics Co. said today it filed a complaint with U.S. authorities over alleged unfair trade practices and patent infringement by Japanese rival Sharp Corp. involving liquid crystal display panels. Samsung's complaint came after Sharp earlier this month sued Samsung in a South Korean court, also alleging patent violations for LCDs.
Promotions
» First Hawaiian Bank has announced that
Corbett Kalama and
Iris Matsumoto were appointed to First Hawaiian Bank's senior management committee. He joined the bank in 1982 as a management trainee, while she has served the bank since 1998 and has more than 20 years experience in human resources.
Alan H. Arizumi has been promoted to executive vice president and manager of the corporate banking division from senior vice president and manager. He joined the bank in 1983 as a management trainee.
Kristi L. Maynard has been promoted to executive vice president and manager of the treasury and investment division from senior vice president and manager. She joined the bank in 1984 as an investment assistant.
Melvin W.Y. Mow has been promoted to executive vice president and chief credit officer from senior vice president and chief credit officer. He joined the bank in 1972 as a management trainee.
Board of directors
» The Association for Conflict Resolution Hawaii has announced its officers and directors for 2008:
Leo Hura, president;
Bruce McEwan, vice president and president elect for 2009;
Lynn Murison, secretary; and
Karen Cross, treasurer. At large directors are
Charles Hurd, Bonnie Horibata, Joy Bounds, Nicholas DeWitt, Earl Chapman, Evalyn Inn and
Craig Robinson. Former president
Frances Mossman will remain on the board for 2008.
» The Professional Women's Network has elected its officers and directors for 2008: Amy Herchig, president; Sharon Mujtabaa, vice president; Dr. Micaire Baxter, secretary; Audrene Burress, treasurer; Marleen Adachi, arrangements; Liz Ajifu, membership; Nathalie S. Kline, publicity; Amber Ricci, special events; Jeannie Shaw, scholarship; Barbara Guss, past-president advisor; and Carol Williams, executive director.
» The Public Relations Society of America Hawaii chapter has announced its officers and directors for 2008: Janet Crawford, president; Kristen Bonilla, president-elect; Jasmin Rodriguez, secretary; Dawn Dunbar, treasurer; Sara Platte, immediate past president and historian; Nancy Daniels, assembly delegate and western district delegate; Donda S. Spiker, accreditation; Rebecca Pang, communications; Amy Hennessey, education, University of Hawaii and assembly delegate; Dee Okahara, education, Hawaii Pacific University; Michael Ni, Koa Anvil awards; Sara Foley, Maui Affinity Group; Moani Wright, membership; Penny P. Smith, programs; Nathan Kam, sponsorships; Frank Cho, website and job bank; and Pualani Lemelle, Young Professionals Group.
BUSINESS PULSE
