Tucson, Arizona – Richard B. Kauffman has been promoted to Chief Executive Officer of Holualoa Companies effective December 1, 2019.
I. Michael Kasser will continue to guide Holualoa as Founder and Chairman of the company. “Rick’s leadership has been an integral part of Holualoa’s success, and his becoming CEO is a natural step forward for the company,” Kasser said.
Kauffman, who has been with Holualoa since 2000 in various finance and operational roles, previously served as the company’s Chief Financial Officer.
“I am honored to work with Holualoa’s skilled team of over 30 professionals and particularly with the partners on the company’s executive team, including Aroon Chinai (Chief Investment Officer), Stan Shafer (Chief Operating Officer) and Lani Baker (Vice President of Finance),” Kauffman said.
Holualoa was founded by Kasser in Hawaii 35 years ago. The company expanded to the Southwest in the Resolution Trust Corporation days with a Tucson office. The company continued to grow by opening offices in Phoenix, Arizona and Santa Monica, California. Further expansion led Holualoa to partnerships in Washington, DC and Paris, France.