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Hawaiian Airlines appoints largest shareholder to its board

By Dave Segal

LAST UPDATED: 12:45 p.m. HST, Dec 13, 2013

Hawaiian Airlines has added its largest shareholder to its board of directors.

The state's largest carrier said Friday that the appointment of Zac Hirzel, founder and president of Dallas-based Hirzel Capital Management LLC, would be effective beginning with the regularly-scheduled February board meetings. He will be a member of the board for both the airline and its holding company, Hawaiian Holdings Inc.

Hirzel's company owns 10.8 percent, or nearly 5,661,017 shares, of Hawaiian. The value of his shares were worth $49.8 million as of Friday's closing price of $8.79.

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