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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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kapaa123 wrote:
Won't be long now until another local company gets absorbed into the Wall Street machine. As profitable as Hawaiian is, I'm surprised its taken this long for the greedy mainland money mongers to set their sights on Hawaiian for a takeover. This is the first step.
on December 13,2013 | 01:41PM
entrkn wrote:
Soooo..., what's Mr Hirzel's history and track record...? Hawaiian Airlines is a vital company to Hawaii and it is vital for Hawaii to make sure this airline is in good hands.
on December 13,2013 | 06:33PM
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