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Executives Of 'Big 4' Defend Ties

March 24, 1961


POSTED: 01:30 a.m. HST, Mar 24, 2013

~~<p>Five of Hawaii's most powerful businessmen are convinced there's nothing conflicting about serving on the boards of more than one firm &mdash; even if one of the firms is Matson Navigation Company.</p>
<p>Besides, said one, his firm would just as soon be rid of its Matson stock &mdash; &quot;We do not believe we need Matson. &hellip; Matson needs us.&quot;</p>
~~

Five of Hawaii's most powerful businessmen are convinced there's nothing conflicting about serving on the boards of more than one firm — even if one of the firms is Matson Navigation Company.

Besides, said one, his firm would just as soon be rid of its Matson stock — "We do not believe we need Matson. … Matson needs us." Login for more...



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