STAND. COM. REP. NO. 1868
Honolulu, Hawaii
, 2005
RE: GOV. MSG. NOS. 670, 671, 672
Honorable Robert Bunda
President of the Senate
Twenty-Third State Legislature
Regular Session of 2005
State of Hawaii
Sir:
Your Committee on Higher Education, to which was referred Governor's Message Nos. 670, 671, and 672, submitting for study and consideration the nomination of:
Board of Regents of the University of Hawai`i
G.M. No. 670 |
ALLAN R. LANDON, for a term to expire 06-30-2009; |
G.M. No. 671 |
RONALD K. MIGITA, for a term to expire 06-30-2005.; and |
G.M. No. 672 |
RONALD K. MIGITA, for a term to expire 06-30-2009, |
begs leave to report as follows:
Your Committee received testimony in support of ALLAN R. LANDON from Ernst & Young, LLP; Ho'akea Communications; Kaneohe Ranch Company, Limited; Hawaii Bankers Association; and one individual. The nominee is the Chairman and Chief Executive Officer of Bank of Hawaii. Mr. Landon received a Bachelor of Science degree from Iowa State University. He has a background in finance, corporate governance, and risk management and has held various high level management positions and served on numerous community boards in the last thirty-five years in Hawaii and in the states of Illinois, Ohio, New York, Virginia, Iowa, and Tennessee. Mr. Landon's expertise includes management of financial risk.
Mr. Landon is familiar with the University through his current position as a member of the University Foundation. He
stated that he would recuse himself from this position if confirmed by the Senate. Your Committee finds that the nominee's background in banking, finance, and corporate governance will substantially contribute to the Board of Regents.
Your Committee received testimony in support of RONALD K. MIGITA from Honolulu City Council member, Travel Ways, and numerous individuals. The nominee is the Chairman of Central Pacific Bank. Mr. Migita received a Bachelor of Arts in Business Administration degree from the University of Hawaii, and expressed a strong desire to contribute to his alma mater. He has a background in accounting and financial institutions, and has held various high level management positions and served on numerous community boards in the last thirty-five years in Hawaii. He has strong connections to the neighbor islands, including Maui. Those testifying were unanimous in their assessment of the nominee's integrity, independence, and dedication to the University.
Testimony at the hearing included reference to the key role that Mr. Migita has played in moving Central Pacific Bank through a period of difficult transition. Skills in transforming institutions such as those of Mr. Migita are especially needed at the Board of Regents level given the dynamic nature of higher education.
Each nominee was asked to submit a resume, respond to a questionnaire, and submit a statement. Your Committee was impressed by the nominees' credentials and qualifications. The nominees' experience as leaders of large multi-billion dollar financial institutions will enhance the leadership of the University, while their responses to difficult fiscal and other policy questions lead your Committee to believe that they will be responsible decision makers.
Your Committee believes that the nominees will be independent regents looking out for the best interests of the students, faculty, and taxpayers and offer exceptional experience, qualities, and skills.
As affirmed by the record of votes of the members of your Committee on Higher Education that is attached to this report, your Committee, after full consideration of the background, experience, and qualifications of the nominee, has found the nominee to be qualified for the position to which nominated and recommends that the Senate advise and consent to the nomination.
Respectfully submitted on behalf of the members of the Committee on Higher Education,
____________________________ CLAYTON HEE, Chair |
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