Local residential real estate firm Locations LLC has
reshuffled its leadership in a shake-up that includes the departure and return of its chief executive.
Jason Lazzerini, an American Savings Bank executive who became president and CEO of Locations a year ago, was reinstated to the position effective Monday following a departure last month.
Locations also reported Monday the resignations of two top executives — Chief Financial Officer Brian Stewart and Chief Operating Officer Ian
Bigelow — and that a new board of
directors has been installed.
“We are pleased to announce important leadership changes that will advance the future of our company,” Ka‘ili Trask O’Connell, senior vice president of sales and marketing for Locations, said in a statement.
Trask O’Connell added that the company anticipates no disruption in operations from the changes.
Lazzerini left Locations in early September and was only the third president and CEO at the firm, established in 1969 by Bill Chee. In 2016 Chee turned over leadership to Scott Higashi, who had been executive vice president of sales. Higashi resigned abruptly in mid-2019, and Chee filled the breach until Lazzerini was hired.
The new board members appointed are George
Santoki, who is chairman, along with Glenn Miyatake, Wayne Nishida, Greg Young and Tracy Behler. Mike
Sklarz was the board’s prior chairman.
Locations describes itself as Hawaii’s oldest independent real estate firm, and it has undergone a few major changes in recent years.
For most of its history, the company was independent except for roughly a decade when it affiliated with Prudential Financial and operated as Prudential Locations until 2015.
Over the last two years, Locations grew considerably with the acquisition of Clark Realty Corp. on Hawaii island in 2018, which increased its number of agents to roughly 400, up from about 300. Then in August, Locations sold Clark Realty to rival Coldwell Banker Island Properties.
Today, Locations has about 300 agents on Oahu.