In June 2012, billionaire Larry Ellison purchased 98% of the land on the island of Lanai from the Castle & Cooke Foundation. Ellison, the CEO for software giant Oracle Corp., has just announced that he will be hiring Lanai native Kurt Matsumoto to be his new Chief Operating Officer for Lanai Resort LLC. As COO, Matsumoto would manage all of Ellison’s Lanai holdings which would include The Lodge at Koele, the Four Seasons Resort at Manele Bay, two golf courses, several luxury home development, utilities and a plan to establish the island as a grower and exporter of organic produce.
Matsumoto was born on Lanai and was once the vice president of resorts and administration on the island for Castle & Cooke. He was also the general manager for Mauna Lani Bay Hotel & Bungalows on the Big Island of Hawaii. Matsumoto stated, “I never imagined I’d get an opportunity like this. This job is really important to me. Lanai is my home. My feeling is (that Ellison) really has the right intent: to take the strengths of the island and use it to an advantage, not just for himself, but for the community, too. This is a really good second chance for Lanai.”
Source: Honolulu Star Advertiser, 11-14-2012, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
