Oceanic Time Warner head resigns
Oceanic Time Warner Cable President Nate Smith has resigned his position but will stay on until a successor can be named, the company confirmed yesterday. After some nine years with the company, Smith is stepping down for undisclosed personal reasons but is in good spirits, a spokesman said.
He was not available for comment yesterday, pending approval from Time Warner Cable corporate offices in New York City.
Oceanic is the state’s only cable television provider, which also provides broadband and digital telephone services.
Martinson to head Queen Emma Land
The Queen’s Health Systems has named Eric Martinson president of its subsidiary, the Queen Emma Land Co.
He also was appointed executive vice president of endowment, including real estate assets and financial investments. He starts in his new roles Thursday.
He replaces Mark Yamakawa, who has overseen for the past three years the planning and management of the land company’s Waikiki properties.
Yamakawa will serve as chief operating officer for both the health system and the Queen’s Medical Center.
Martinson, a Kamehameha Schools graduate, previously was managing director and vice president of Tradewind Capital Group, a subsidiary of Island Holdings, a real estate and private equity management and investment firm.
Hawaiian Air widens reach to Bangkok
Hawaiian Airlines is now selling seats on Korean Air flights from Honolulu to Bangkok.
President and CEO Mark Dunkerley of Hawaiian says the code-share arrangement allows the airline to offer customers destinations in Asia beyond its own routes while easing access to all of Hawaii from additional points in Korean Air’s network. The two carriers initiated code sharing in 2007. Hawaiian customers already could book flights operated by Korean Air between Honolulu and airports in Incheon and Busan in South Korea.
BP stock drop hits state pension fund
The staggering decline in British Petroleum’s stock price since one of its offshore oil drilling rigs sank in the Gulf of Mexico is hitting the portfolio of the Hawaii Employees’ Retirement System.
The system, which pays pension benefits to 110,900 active, retired and inactive vested state and county employees, currently holds 1.3 million shares of BP stock. But their value dropped from $19.9 million on April 20 to $11.8 million on June 14.
ON THE MOVE
The American Diabetes Association has hired Leslie Lam as executive director. She was previously director of business development for Hawaii Life Flight and senior director for the American Heart Association, as well as Mrs. America 2000.
The Royal Hawaiian, a Luxury Collection Resort, has named Jarett Dukes banquet manager. He was previously a banquet and convention services manager at Hyatt Regency Waikiki, restaurant manager for the Colony Steak & Seafood Restaurant at the Hyatt Regency Waikiki, assistant restaurant manager at Armani’s & Petey Brown’s at Grand Hyatt Tampa Bay and assistant venue manager at Universal Orlando Resort.
Hagadone Printing has promoted Jonelle Rezantes to vice president of sales from director of sales. She has been director of publications and senior sales executive for the company and worked for Quality Graphics and Tongg Publishing.
Teresa J. McCreary is assistant professor of music, director of instrumental music program and chair of the arts and humanities department at Hawaii Pacific University.