POSTED: 1:30 a.m. HST, Nov 2, 2010
LAST UPDATED: 9:21 p.m. HST, Nov 2, 2010
» Kamehameha Schools new chief financial officer, Eric Marler, will oversee the charity's Finance and Facilities Group. Kamehameha's $7.8 billion endowment (financial, commercial, residential and land assets) is overseen by Kirk Belsby of the charity's Endowment Group. An earlier version of the story below stated Marler would oversee the endowment.
Kamehameha Schools, one of the nation's wealthiest charities and the state's largest private landowner, said Eric Marler will take over as vice president and chief financial officer on Nov. 15, succeeding Michael Loo, who left Kamehameha Schools last summer to join Sopogy Inc., an Oahu solar technology company.
Marler will oversee a staff of 80 at the schools' Kawaiahao Plaza business offices.
Marler has been executive vice president and CFO of Hawaii Reserves Inc., the property company responsible for the Hawaii property holdings of the Church of Jesus Christ of Latter-day Saints, since 1997.
Marler stated, "I am inspired by the schools' educational outreach and look forward to working with the Kamehameha Schools ohana to fulfill its mission."
Kamehameha Schools is a private charitable trust that operates a statewide educational system for native Hawaiian students.