TWO FOR ONE
Alexander and Baldwin rises to the lofty heights of number one on our list this week for two reasons. First, the glowing article about them in Monday’s Maui News and how the mega-corporation donated $25,000 to Maui’s Kaunoa Senior Services. It’s certainly a nice gesture that will garner good press anytime. Nice to see them keeping up their public image and helping out kapuna at the same time. In other news, A&B subsidiary Matson Navigation (the island’s largest shipping company handling over 70% of sea transport statewide) just struck a five-year deal with a couple hundred of its union employees, ensuring they’ll have plenty of deckhands to help rake in their ever rising shipping fees.
RANK PREVIOUS COMPANY
1 2 Alexander & Baldwin
2 1 Monsanto Hawai`i
3 3 Maui Land & Pineapple Co.
4 4 Weinberg Foundation
5 5 Dowling Co.
6 6 Wailuku Water Co.
7 9 Matson Navigation Co.
8 7 Goodfellow Brothers
9 NA Maui Electric Co.
10 NA Hawaiian Telcom
EXECUTIVE DECISION
Hawaiian Telcom makes a comeback this week with news they’ll be adding on three new executives to their senior management staff. According to the Pacific Business News, John Komeiji, Craig Inouye and Stephen Golden will be the latest addition to the telecommunication company’s top brass. They must be doing alright if they can afford these guys’ salaries. Seems strange though that they’d be adding executives after reading another article in Pacific Business News reporting CEO confidence is plummeting. Citing several indicators such as employment and investments, the article sates confidence in executives is near all-time lows. Publisher of Chief Executive Magazine Edward Kopko is quoted as saying, “CEOs are clearly negative on the economy and they expect things to get worse before they get better.” Maybe these three are optimists. MTW
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