Posted on: Saturday, May 1, 2004
BUSINESS BRIEFS
Healthcare firm gets new CEO
Advertiser Staff
Charles Sted will take over as president and CEO of Hawaii Pacific Health on July 1. Sted will replace Roger Drue who is retiring after a 36-year healthcare career, the last 11 of which have been as president and CEO of Kapi'olani Health, and later, Hawaii Pacific Health.
Hawaii Pacific Health, the state's largest healthcare system, operates Kapi'olani Health, Wilcox Health System, and Straub Clinic & Hospital. Sted joined Kapi'olani Health in 1998 as executive vice president and chief financial officer.
Warehouse complex bought
Local homebuilder Stanford Carr has purchased a Waipahu warehouse complex with partners for $12 million from Honolulu Warehouse Co. Ltd. The four-building project, known as Waipahu Industrial Park on 3ý acres at 94-155 Leo'ole St., has 98,600 square feet of space. Tenants include mini-storage facility Extra Space, moving and storage firm Crown Relocations and Twomey Flooring.
Carr said the new owners plan to spruce up the property and hold it for the long term.
Group buys Nevada papers
Stephens Media Group, which owns the Hawaii Tribune-Herald and West Hawaii Today, is buying three weekly newspapers in central Nevada, the company said yesterday. The Las Vegas-based company bought the Tonopah Times-Bonanza, Goldfield News and Eureka Sentinel from Central Nevada Newspapers Inc. Terms of the deal were not disclosed.
Local business school sold
Hawaii Business College Inc. has been sold to National Career College Inc., a Hawai'i corporation, according to a filing by HBC with the state Department of Labor and Industrial Relations. Most of the 52 employees at Hawaii Business College will be considered for employment by National Career College, according to the filing.
