HONOLULU–(BUSINESS WIRE)–Hawaiian Telcom Communications, Inc. (Hawaiian Telcom) announced today
that Eric K. Yeaman has been named President and Chief Executive Officer
of the company, succeeding Stephen F. Cooper. Mr. Yeaman has also been
appointed to the Board of Directors. Walter A. Dods, Jr., who has served
on the Board since May 2005, has been named non-executive Chairman of
the Board, succeeding Daniel F. Akerson. In addition, Robert F. Reich,
who has served as interim Chief Financial Officer since March 7, 2008,
has been appointed the company’s Chief
Financial Officer. Hawaiian Telcom also announced that Alan M. Oshima
has transitioned from his position as Senior Vice President and General
Counsel to Senior Advisor to the company and a member of the Board.
Mr. Yeaman joins Hawaiian Telcom from Hawaiian Electric Company, Inc.
(HECO), where he served as Senior Executive Vice President and Chief
Operating Officer, responsible for the day-to-day leadership of the Oahu
operations, energy solutions, public affairs, financial and
administrative process areas. Prior to that, Mr. Yeaman was the Chief
Financial Officer of Hawaiian Electric Industries, Inc. (HEI), HECO’s
parent company. Mr. Yeaman was Chief Operating Officer and Chief
Financial Officer for Kamehameha Schools prior to joining HEI. Mr.
Yeaman began his career at Arthur Andersen LLP in its Honolulu office.
Mr. Yeaman serves as a director of several boards including Bishop
Holdings Corporation, Kamehameha Investment Corporation and Pauahi
Management Corporation (wholly owned subsidiaries of Kamehameha
Schools). He is an active member of local community organizations,
serving on numerous boards including the Queen’s
Health Systems, Hawaii Community Foundation, The Nature Conservancy of
Hawaii and Hawaii Pacific University.
In 2004, Mr. Yeaman was the Financial Executive of the Year (Regional
Award) sponsored by Robert Half International Inc. and the Institute of
Management Accountants as well as one of Pacific Business News Top Forty
Under 40.
Mr. Yeaman earned his bachelor of business administration degree in
accounting from the University of Hawaii at Manoa and is a certified
public accountant in the State of Hawaii.
“We are delighted to welcome Eric to Hawaiian
Telcom,” said James A. Attwood, Jr., Global
Head of the Telecommunications and Media Group at The Carlyle Group and
board member of the company. “Eric’s
local knowledge and proven leadership and management skills will be
great assets to the company as we continue to focus on customer service
and operations.”
Mr. Attwood added, “We are grateful to Steve
Cooper for his leadership of Hawaiian Telcom over the past several
months and appreciate his commitment to ensuring a smooth transition.”
“I am pleased and honored to have the
opportunity to lead Hawaiian Telcom,” said
Mr. Yeaman. “I look forward to working with
Hawaiian Telcom’s exceptional employees and
Board of Directors on the next chapter of the Company’s
history.”
The company also announced that Walter A. Dods, Jr. will succeed Daniel
F. Akerson as Chairman of the Board. Mr. Dods currently serves as the
Chairman of the Board of First Hawaiian Bank as well as on the boards of
the following Hawaii businesses: Alexander & Baldwin, Inc., and
subsidiary Matson Navigation Company, Inc.; First Insurance Company of
Hawaii, Ltd.; Grace Pacific Corporation; Maui Land & Pineapple Company,
Inc.; Pacific Guardian Life Insurance Co., Ltd.; and Servco Pacific, Inc.
“Walter has played a key role in counseling
the board for the past three years and we are thrilled that he has
agreed to expand his role with the company,”
said Mr. Attwood.
“I look forward to increasing my level of
involvement at Hawaiian Telcom,” said Mr.
Dods, “and welcome the opportunity to work
with Eric to grow the business so that Hawaiian Telcom remains the state’s
premier telecommunications company.”
Mr. Attwood added, “We thank Dan Akerson for
his dedicated service to Hawaiian Telcom for the past three years.”
The company also announced that Robert F. Reich, interim Chief Financial
Officer for the company, has been named Hawaiian Telcom’s
Chief Financial Officer. “Bob has done a
tremendous job guiding the financial organization for the past two
months and we are delighted that he will assume this leadership role on
a permanent basis,” said Mr. Attwood.
Mr. Reich joined the company in April 2007 as Vice President and
Controller. Prior to joining Hawaiian Telcom, Mr. Reich was Vice
President, Controller and Treasurer for McLeodUSA, a facilities-based
competitive local exchange carrier in the Western and Midwestern United
States.
Hawaiian Telcom also announced that Alan M. Oshima, currently the company’s
general counsel, will become a Senior Advisor to the company and join
the Board. “Alan’s
contributions to HT over the past three years have been remarkable. We
are delighted that Alan has agreed to continue his tenure with the
company as a Senior Advisor and member of the Board,”
said Mr. Attwood.
Hawaiian Telcom today also announced that Mr. Attwood has been named a
Vice Chairman of the Board and Chairman of the Executive Committee.
Stephen C. Gray retains his role as a Vice Chairman of the Board.
About Hawaiian Telcom
Hawaiian Telcom is the state’s leading
telecommunications provider, offering a wide spectrum of
telecommunications products and services, which include local and long
distance service, high-speed Internet and wireless services.
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