Business briefs

Advertiser Staff

Chief executive leaving HDS

Hawaii Dental Service this week announced that Jonathan Won will leave his post as president and chief executive for the dental benefit provider by year's end.

HDS said Won will leave to pursue other business opportunities and that it has started the search for a new president and chief executive.

Investment pays off for Persis

Hawai'i investment company Persis Investment has profited from the sale of a Mainland technology company, Performant Inc., to a California firm.

Performant was bought by Mercury Interactive Corp. of Sunnyvale, Calif., for $22.5 million. Persis, a Hawai'i-based family company run by chief executive Michael Pfeffer, had invested in Performant through Seattle-based Pinpoint Venture Group. Persis, former owner of The Advertiser, is the majority investor in Pinpoint.