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Top 250 List - Top 25

The top 25 companies from this year's Top 250.

Rank 2003: 1
Rank 2002: 2
BancWest Corp.
Financial services.
www.bancwestcorp.com
Sales ($mil) 02: 1,992
Sales ($mil) 01: 1,632  
Percent change 01-02: 22.1%
Executives:
Walter A. Dods Jr. CHB, CEO
Don J. McGrath PR, COO
Gerard Denot Vice CHB
Donald G. Horner Ex. VP

Employees: 7,753

Year Founded: 1858/1974 #
Parent Company: BNP Paribas (France)
DBA's, subsidiaries or divisions: First Hawaiian Bank (61 branches), Bank of the West (297 branches).

Footnotes: # Year of bank incorporation/Year of holding company formation.
Rank 2003: 2
Rank 2002: 7
Tesoro Hawaii Corp.
Petroleum refining; marketing and distribution; gasoline retailing.
www.tesoropetroleum.com
Sales ($mil) 02: 1,688
Sales ($mil) 01: 1,100  
Percent change 01-02: 53.5%
Executives:
Faye she retires TK PR
James Kappel VP/Refining
David H. Leonard VP/General Counsel

Employees: 675

Year Founded: 1904
Parent Company: Tesoro Petroleum Corp. (TX)
Rank 2003: 3
Rank 2002: 1
Hawaiian Electric Industries Inc.
Energy services and financial services.
www.hei.com
Sales ($mil) 02: 1,654
Sales ($mil) 01: 1,727  
Percent change 01-02: -4.2%
Executives:
Robert F. Clarke CHB, PR, CEO
T. Michael May PR, CEO/HECO
Constance H. Lau PR, CEO/ASB
Eric K. Yeaman CFO, VP/Finance, Tr.

Employees: 3,220

Year Founded: 1891/1983#
DBA's, subsidiaries or divisions: Hawaiian Electric Co. (HECO), Hawaii Electric Light Co. (HELCO), Maui Electric Co. (MECO), American Savings Bank (ASB).

Footnotes: #Year of Hawaiian Electric Co. formation/Year of holding company formation.
Rank 2003: 4
Rank 2002: 5
Hawaii Medical Service Association (HMSA)
Health insurance and employee-benefit services.
Sales ($mil) 02: 1,590
Sales ($mil) 01: 1,216  
Percent change 01-02: 30.8%
Executives:
Gary K. Kajiwara CHB
Robert P. Hiam PR, CEO
Michael A. Gold COO
Steve Van Ribbink CFO

Employees: 1,497

Year Founded: 1938
DBA's, subsidiaries or divisions: Integrated Services Inc., Benefit Services of Hawaii Inc.
Rank 2003: 5
Rank 2002: 6
Alexander & Baldwin Inc.
Ocean transportation; property development and management; food products.
www.alexanderbaldwin.com
Sales ($mil) 02: 1,088.90
Sales ($mil) 01: 1,190.10  
Percent change 01-02: -8.5%
Executives:
Charles M. Stockholm CHB
Allen Doane PR, CEO
James Andrasick Ex. VP, Tr., CFO
C. Bradley Mulholland Ex. VP

Employees: 2,025

Year Founded: 1870/1900 #
DBA's, subsidiaries or divisions: Matson Navigation Co. Inc., A&B Properties Inc., Hawaiian Commercial & Sugar Co. (HC&S) (div. of A&B), Kauai Coffee Co. Inc., Kahului Trucking & Storage Inc., Matson Intermodal System Inc., Matson Logistic Solutions Inc., Kauai Commercial Co. Inc., East Maui Irrigation Co. Ltd.

Footnotes: # Year of founding/Year of incorporation.
Rank 2003: 6
Rank 2002: 4
Bank of Hawaii Corp.
Bank holding company.
www.boh.com
Sales ($mil) 02: 716.5
Sales ($mil) 01: 1,280.90  
Percent change 01-02: -44.1%
Executives:
Michael E. O'Neill CHB, CEO, PR
Alton T. Kuioka Vice CHB
Donna A. Tanoue Vice CHB
David W. Thomas Vice CHB

Employees: 2,891

Year Founded: 1897
(HI)
DBA's, subsidiaries or divisions: Bank of Hawaii, Bank of Hawaii Leasing Inc., Bankoh Investment Services Inc., Triad Insurance Agency Inc., Bank of Hawaii Insurance Services.

Footnotes: # Previously ranked as Pacific Century Financial Corp.
Rank 2003: 7
Rank 2002: 11
Kaiser Permanente Medical Care Program
Non-profit health maintenance organization (HMO); health plan and medical care.
www.kaiserpermanente.org/hawaii
Sales ($mil) 02: 632
Sales ($mil) 01: 560  
Percent change 01-02: 12.9%
Executives:
Michael E. Chaffin MD PR/Hawaii Permanente Medical Care Group
Bruce Behnke PR


Employees: 3,663

Year Founded: 1958
Parent Company: Kaiser Permanente Medical Care Program (CA)
DBA's, subsidiaries or divisions: Kaiser Foundation Hospitals Inc., Kaiser Foundation Health Plan Inc., Hawaii Permanente Medical Group Inc.
Rank 2003: 8
Rank 2002: 10
Hawaiian Airlines Inc.
Commercial airline operations.
www.hawaiianair.com
Sales ($mil) 02: 632
Sales ($mil) 01: 611.5  
Percent change 01-02: 3.4%
Executives:
Joshua Gotbaum Trustee#
Mark B. Dunkerley COO, PR
H. Norman Davies Ex. VP/Operations
Christine R. Deister Ex. VP, CFO

Employees: 3,491

Year Founded: 1929


Footnotes: # John Monahan was appointed Chapter 11 trustee in June. John Adams remains CHB, CEO.
Rank 2003: 9
Rank 2002: 14
Hawaii Pacific Health
Adult, pediatric, obstetric and women's health services; primary care through tertiary-level speciality services; research and teaching (4 hospitals, 17 clinics).
www.HawaiiPacificHealth.org
Sales ($mil) 02: 550
Sales ($mil) 01: 490  
Percent change 01-02: 12.2%
Executives:
Roger Drue PR, CEO
Chuck Sted Ex. VP, CFO
Gail Lerch VP/Human Resources and Marketing

Employees: 5,449

Year Founded: 2001
DBA's, subsidiaries or divisions: Kapi'olani Medical Center for Women & Children, Straub Clinic & Hospital, Kapi'olani Medical Center at Pali Momi, Wilcox Memorial Hospital, Kauai Medical Clinic, Kapi'olani Medical Specialists.
Rank 2003: 10
Rank 2002: 12
Verizon Hawaii
Telecommunications products and services.
www.verizon.com
Sales ($mil) 02: 530.6
Sales ($mil) 01: 546.9  
Percent change 01-02: -3.0%
Executives:
Warren H. Haruki PR
Joel Matsunaga VP/External Affairs
Keith Nagata VP/Sales

Employees: 2,100

Year Founded: 1883
Parent Company: Verizon Communications (NY)
Rank 2003: 11
Rank 2002: 15
Cutter Management Co.
New and used automobiles; wholesale, retail sales and leasing; parts, division and distribution; mechanical-vehicle servicing and maintenance.
www.cuttercars.com
Sales ($mil) 02: 472
Sales ($mil) 01: 470  
Percent change 01-02: 0.4%
Executives:
Gerald H. Cutter CHB
Nick S. Cutter PR
Herman S. Jones VP/Finance, Sec., Tr.

Employees: 941

Year Founded: 1974
DBA's, subsidiaries or divisions: Cutter Ford Inc. (dba Cutter Ford/Isuzu); Cutter Dodge Inc. (dba Cutter Dodge, Chrysler, Jeep); Cutter Chevrolet Inc. (dba Cutter Chevrolet); Cutter of Maui Inc. (dba Cutter Mazda, Volkswagen, Hyundai, Mitsubishi); Cutter Automotive Galleries (dba Cutter Motors); Cutter Motor Cars Inc. (dba Cutter Ala Moana Volkswagen Mazda); Cutter Imports Inc. (dba Cutter Dodge, Chrysler, Jeep of Waipahu); Cutter Dodge Chrysler, Jeep of Pearl City Inc.; Cutter Pontiac-Buick-GMC of Waipahu Inc. (dba Cutter Pontiac, Buick, GMC and Mazda of Waipahu); Hillis Motors Inc.; Hawaii Distributors Inc.; CJW Motors Inc. (dba Hawaii Mitsubishi).
Rank 2003: 12
Rank 2002: 17
Servco Pacific Inc.
Automotive and marine; appliances and electronics; educational products; insurance; real estate development; specialty retailing.
www.servco.com
Sales ($mil) 02: 467
Sales ($mil) 01: 428  
Percent change 01-02: 9.1%
Executives:
Mark H. Fukunaga CHB, CEO
Eric S. Fukunaga PR, COO


Employees: 1,103

Year Founded: 1919
DBA's, subsidiaries or divisions: Lexus dealerships (1 on Oahu, 1 on Maui); Toyota and Suzuki dealerships and distribution (5 on Oahu, 1 on Kauai); Chevrolet dealerships (2 on Oahu); Rex Tire & Supply; Jobber Automotive Warehouse Supply; Servco Appliance & Electronics Division (Distributor of GE, RCA, Sanyo appliances and electronics, Bosch appliances); Servco Insurance Services; Education Works; Easy Music Center (division); Pacific International Co.(operations on Guam); Pacific Marshalls Inc. (Marshall Islands )(50%).
Rank 2003: 13
Rank 2002: 13
Kyo-ya Co. Ltd.
Hotels (owner and operator); parking lots; retail stores; restaurants; insurance agencies.
Sales ($mil) 02: 466.4
Sales ($mil) 01: 499.8  
Percent change 01-02: -6.7%
Executives:
Takamasa Osano PR
Ernest Nishizaki Ex. VP, COO
Nobutada Nagai Sr. VP

Employees: 3,638

Year Founded: 1961
Parent Company: Kokusai Kogyo Co. Ltd. (Japan)
DBA's, subsidiaries or divisions: Princess Kaiulani Hotel (dba), Moana Surfrider Hotel (dba), Sheraton Waikiki Hotel (dba), Royal Hawaiian Hotel (dba), Sheraton Maui Hotel (dba), Palace Hotel (CA) (dba), Kyo-ya Restaurant (dba), Kyo-ya Oceanic Co. Ltd. (Australia), Grand Cypress Florida Inc. (FL), Beach Parking (dba), Surfrider Golf Shop (dba), Pacific Rim Insurance Corp., Kyo-ya Insurance Services Ltd.
Rank 2003: 14
Rank 2002: 16
The Queen's Health Systems
Allied health care services.
www.queens.org
Sales ($mil) 02: 453
Sales ($mil) 01: 444  
Percent change 01-02: 2.0%
Executives:
Robert C. Oshiro CHB
Gary A. Okamoto MD PR, CEO
Tracy T. Woo Ex. VP, Corporate Secretary
Francis D. Fraher VP, Tr.

Employees: 3,400

Year Founded: 1859/1985 #
DBA's, subsidiaries or divisions: The Queen's Medical Center, The Queen Emma Foundation, Molokai General Hospital, Queen's Development Corp., Queen's Insurance AIF Inc., Diagnostic Laboratory Services Inc., The Queen's Health Care Centers, CareResource Hawaii, Hawaii Medical Library, Hamamatsu/Queen's PET Imaging Center LLC.

Footnotes: #Year of hospital founding/Year of Queen's Health Systems founding.
Rank 2003: 15
Rank 2002: 18
Outrigger Enterprises Inc.
Hawaii-based, full-service lodging; hospitality services.
www.outrigger.com or www.ohanahotels.com
Sales ($mil) 02: 387
Sales ($mil) 01: 400  
Percent change 01-02: -3.3%
Executives:
Richard R. Kelley MD CHB
W. David P. Carey III PR, CEO
Perry Sorenson COO
Rob Solomon Sr. VP/Sales and Marketing

Employees: 3,000

Year Founded: 1947
DBA's, subsidiaries or divisions: Outrigger Hotels & Resorts (29); OHANA Hotels & Resorts (18); Outrigger Lodging Services (16); Outrigger Australia Pty. Ltd. (14); Outrigger Guam Limited Partnership (3); Outrigger Condominium Collection (10); Outrigger Hotels USA Inc.; Outrigger Marketing Inc.; Outrigger Pacific Inc.; Outrigger Resort Club by Fairfield; Outrigger Waikiki on the Beach; Outrigger Reef on the Beach; Outrigger Reef Fiji; Outrigger Marshall Islands Resort; Outrigger Queenstown at the Beacon; Waikoloa Beach Marriott, an Outrigger Resort; Wailea Marriott, an Outrigger Resort.
Rank 2003: 16
Rank 2002: 19
JTB Hawaii Inc.
Travel agency; travel-related business.
Sales ($mil) 02: 380.4
Sales ($mil) 01: 342.8  
Percent change 01-02: 11.0%
Executives:
Akio Yamakita VP



Employees: 342

Year Founded: 1964
Parent Company: JTB Corp. (Japan)
Rank 2003: 17
Rank 2002: 22
Dick Pacific Construction Co. Ltd.
General contractor; designer and builder.
www.dickpacific.com
Sales ($mil) 02: 375
Sales ($mil) 01: 280  
Percent change 01-02: 33.9%
Executives:
Gerry Majkut GM, Sr. VP/Hawaii
Lane Uchimura Sr. VP/Commercial & Special Projects Division
Wil Ideue VP/Federal Division
James Ramirez GM, Sr. VP/Alaska & North Pacific

Employees: 600

Year Founded: 1939/1986/1999/2002 #
Parent Company: Dick Corp. (PA)
DBA's, subsidiaries or divisions: Dick Pacific (Guam).

Footnotes: #Year Pacific Construction established/Year Fletcher Challenge acquired/Year Dick Corp. acquired/Year Dick Pacific restructured
Rank 2003: 18
Rank 2002: 20
Aloha Airgroup Inc.
Air transportation services.
www.alohaairlines.com
Sales ($mil) 02: 358
Sales ($mil) 01: 336.8  
Percent change 01-02: 6.3%
Executives:
Han H. Ching CHB
Glenn R. Zander PR, CEO
Brenda F. Cutwright Ex. VP, COO

Employees: 3,290

Year Founded: 1946
DBA's, subsidiaries or divisions: Aloha Airlines Inc., Island Air Inc.
Rank 2003: 19
Rank 2002: 0
Hilton Hawaii #
Resort hotel.
www.hiltonhawaii.com
Sales ($mil) 02: 299
Sales ($mil) 01: 304  
Percent change 01-02: -1.6%
Executives:
Peter H. Schall Sr. VP/Hawaii
Roberta Rinker-Ludloff VP/Regional Marketing -Hawaii
Noel G. Trainor GM/Hilton Hawaiian Village Beach Resort & Spa
Dieter Seeger GM/Hilton Waikoloa Village

Employees: 2,976

Year Founded: 1919/1961##
Parent Company: Hilton Hotels Corp. (CA)
DBA's, subsidiaries or divisions: Hilton Hawaiian Village Beach Resort & Spa, Hilton Waikoloa Village.

Footnotes: # Previously ranked separately as Hilton Hawaiian Village and Hilton Waikoloa. ## Year of parent founding/Year Hawaii operations began.
Rank 2003: 20
Rank 2002: 21
Castle & Cooke Inc.
Development and ownership of real estate, hotels and golf courses.
www.castle-cooke.com
Sales ($mil) 02: 274
Sales ($mil) 01: 315  
Percent change 01-02: -13.0%
Executives:
David H. Murdock CHB, CEO
Edward C. Roohan PR, COO
Harry Saunders PR/Castle & Cooke Homes Hawaii Inc.
Gerrit C. Cormany PR/Castle & Cooke Resorts LLC

Employees: 1285

Year Founded: 1851
Parent Company: Castle & Cooke Inc. (CA)
DBA's, subsidiaries or divisions: Castle & Cooke Homes Hawaii Inc., Castle & Cooke Homes Properties Inc., Castle & Cooke Resorts, LLC, Lana'i Builders.
Rank 2003: 21
Rank 2002: 25
Hawaii Health Systems Corp.
Acute, long-term and rural healthcare provider.
Sales ($mil) 02: 270
Sales ($mil) 01: 243  
Percent change 01-02: 11.1%
Executives:
Thomas M. Driskill Jr. PR, CEO
Kelley C. Roberson COO, CFO
Barbara A. Kahana VP, CIO
Rene Y. McWade VP, Gen. Counsel

Employees: 3,400

Year Founded: 1884/1996
DBA's, subsidiaries or divisions: Maui Memorial Medical Center (Maui Region), Kula Hospital (Maui Region), Lanai Community Hospital (Lanai Region), Hilo Medical Center (East Hawaii Region), Hale Ho'ola Hamakua (East Hawaii Region), Kau Hospital (East Hawaii Region), Kona Community Hospital (West Hawaii Region), Kohala Hospital (West Hawaii Region), Kauai Veterans Memorial Hospital (Kauai Region), Samuel Mahelona Memorial Hospital (Kauai Region), Leahi Hospital (Oahu Region), Maluhia (Oahu Region).
Rank 2003: 22
Rank 2002: 27
Oceanic Cablevision
Cable TV.
www.oceanic.com
Sales ($mil) 02: 249
Sales ($mil) 01: 211  
Percent change 01-02: 18.0%
Executives:
Don E. Carroll CHB
Nathaniel (Nate) Smith PR


Employees: 679

Year Founded: 1968
Parent Company: AOL/Time Warner Inc. (NY)
DBA's, subsidiaries or divisions: Hawaiian Cablevision of Hilo, Sun Cablevision (Kona), Hawaiian Cablevision (Maui, Molokai, Lanai). Kauai Cablevision
Rank 2003: 23
Rank 2002: 28
Kuakini Health System
Health care.
www.kuakini.org
Sales ($mil) 02: 218
Sales ($mil) 01: 205  
Percent change 01-02: 6.3%
Executives:
Margaret Oda CHB
Gary Kajiwara PR, CEO
Darryl Ing Sr. VP, COO
Gregg Oishi VP, CFO

Employees: 1,140

Year Founded: 1900/1983#
DBA's, subsidiaries or divisions: Kuakini Medical Center, Kuakini Geriatric Care Inc., Kuakini Foundation, Kuakini Support Services Inc., Kuakini Development Corp., Kuakini Pacific Corp.

Footnotes: #Year of medical center incorporation/Year of health system formation.
Rank 2003: 24
Rank 2002: 30
The Estate of James Campbell
Trust property management; leasing of land and buildings in Hawaii and U.S. mainland; development of the City of Kapolei.
www.kapolei.com
Sales ($mil) 02: 188
Sales ($mil) 01: 179  
Percent change 01-02: 5.0%
Executives:
R. J. "Zap" Zlatoper CHB of Trustees
Stephen H. MacMillan CEO


Employees: 114

Year Founded: 1900
Rank 2003: 25
Rank 2002: 31
Sony Hawaii Co.
Electronic goods wholesaler.
www.sonyhawaii.com
Sales ($mil) 02: 186.8
Sales ($mil) 01: 178  
Percent change 01-02: 4.9%
Executives:
Ryozo Sakai PR
Don Kim Sr. VP, Controller
Karl Okemura VP

Employees: 71

Year Founded: 1968
Parent Company: Sony Corp. (Japan)

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