Board of Directors

Dr. John F. Lehman, Chairman Tig H. Krekel, Lead Director Jeffrey G. Arce David C. Cole

John L. Garibaldi C. Alexander Harman Warren H. Haruki

Louis N. Mintz George A. Sawyer John W. “Bill” Shirley

 

Dr. John F. Lehman is a founding partner of JF Lehman and Company and chairman of Hawaii Superferry and HSF Holding, Inc. From 1981 to 1987, Lehman served as secretary of the United States Navy. Lehman holds a bachelor’s degree from St. Joseph's University, bachelor’s and master’s degrees from Cambridge University, and a Ph.D. from the University of Pennsylvania. He is also chairman of the Princess Grace Foundation and an Overseer of the School of Engineering at the University of Pennsylvania. He is currently a member of the 9-11 Commission.

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Tig H. Krekel is vice chairman of J.F. Lehman and has been with the firm since 2001. Previously, Krekel served as president and chief executive officer of Hughes Space and Communications and as president of Boeing Satellite Systems. Krekel spent five years as a naval officer holding various assignments, including nuclear engineering duty on the aircraft carrier USS Enterprise, and as an aide in the office of the Chief of Naval Operations at the Pentagon.

Krekel graduated from the U.S. Naval Academy with a bachelor’s degree in mechanical engineering, and from the U.S. Naval Nuclear Power School as a licensed nuclear engineer. He also earned an MBA from the Stanford Graduate School of Business. He is currently a national trustee of the Boys & Girls Clubs of America.

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Jeffrey G. Arce is a partner in The MacNaughton Group and serves as its Executive Vice President and Chief Financial Officer. Mr. Arce is responsible for overseeing the financial activities of The MacNaughton Group and is directly involved in strategic planning and operations. He has completed numerous real estate and retail operating company related financings, purchase and sale transactions. He also serves on an advisory management committee for the Starbucks, Jamba and PF Chang’s operations.

In 1980, Mr. Arce joined the international accounting firm of Arthur Andersen & Co. in Los Angeles. He relocated to the newly-opened Honolulu office in 1982 to assist in its initial development. In 1985, he was promoted to Audit Manager and Director of Recruiting and Personnel for the Hawaii office. He left Andersen in 1989 to join The MacNaughton Group, where he assumed financial responsibility for certain of the retail operations and all real estate activities.

Mr. Arce was born in Southern California and in 1980 received a Bachelor of Science degree in Economics-Accounting from Claremont McKenna College.

Mr. Arce has served on the Board of Directors of a number of charitable organizations as well as professional organizations. He is a past president of Financial Executives International – Hawaii Chapter and a member of the Hawaii Society of CPAs and the Hawaii Society of Corporate Planners. Mr. Arce serves on the Board of Trustees of Kapiolani Health Foundation and serves in an advisory capacity for several for-profit companies.

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David C. Cole is president, chairman and chief executive officer of Maui Land & Pineapple Co. Cole earned a bachelor’s degree in liberal studies from the University of Hawaii. Cole is also currently president of Aquaterra, Inc., an investment management firm. He was chief executive officer at the software company Ashton-Tate, president of the computer magazine publisher Ziff Communications and the Ziff-Davis Publishing Group, and chairman, president and chief executive officer of the Internet-based software company NaviSoft Inc. He was also an officer at America Online after it acquired NaviSoft in 1994. Cole is currently chairman of the 425-acre Sunnyside Farms, a specialty consumer products retailer and supplier of premium organic meats and produce in Virginia. He is also a director of Twin Farms Collection, a luxury resort company with properties in Vermont and California, Grove Farm Co., Inc., Island Press, Sesame Workshop and PBS. Other affiliations include Chancellor's Advisory Council of Maui Community College, Maui Economic Development Board, Maui Chamber of Commerce, and Kamehameha Schools Board of Advisors. Cole is a former director of The Nature Conservancy and World Wildlife Fund and presently serves as chairman of The Nature Conservancy of Hawaii.

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John L. Garibaldi, Vice Chairman
Prior to joining the founding group of Hawaii Superferry in January 2003, Garibaldi served as the president and chief executive officer of Zephyr Insurance Co. Inc. Garibaldi was executive vice president and chief financial officer of Hawaiian Airlines Inc. His experience also includes serving as a trustee of the Queen Emma Foundation, and as vice president and chief financial officer of The Queen’s Health Systems. He has also served on the boards of directors of the Leventhal School of Accounting, Hawaiian Host Inc., Friends of the Children’s Advocacy Center of Oahu, and the Tax Foundation of Hawaii. Mr. Garibaldi graduated magna cum laude from the University of Southern California with a bachelor’s degree in business administration.

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C. Alexander Harman has been with J.F. Lehman since 1999. Prior to joining the firm, Harman was a member of the Global Energy Group at J.P. Morgan & Company where he focused on natural resources and electric and gas utility- related mergers and acquisitions as well as debt and equity financings. Harman graduated cum laude from Williams College where he earned a bachelor’s degree in history with a concentration in premedical studies.

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Warren H. Haruki is president and chief executive officer of Grove Farm and the affiliated Lihue Land Co. Haruki holds a master’s degree from the University of Hawaii. He is the former president of GTE Hawaiian Tel and its successor, Verizon Hawaii. Haruki currently serves on several corporate boards and is a director of First Hawaiian Bank, Pacific Guardian Life Insurance Co., Blood Bank of Hawaii, and the Parker Ranch Foundation Trust.

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Louis N. Mintz has been with J.F. Lehman since 1997. Prior to joining the firm, Mintz was a member of the Private Equity Investment Group at Odyssey Partners L.P. and served as a vice president at Rosecliff Inc., where he was involved in all aspects of the acquisition and management of several portfolio companies. He began his career in the corporate finance department at Drexel Burnham Lambert. Mintz graduated magna cum laude from Duke University where he received his bachelor’s degree in economics and public policy studies and was a member of Phi Beta Kappa.

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George A. Sawyer is a founding partner of J.F. Lehman and former assistant secretary of the U.S. Navy, Shipbuilding & Logistics. He was also a submarine engineer officer in the U.S. Navy. Sawyer is a graduate of Yale University and studied nuclear engineering at Knolls Atomic Power Laboratories in Schenectady, N.Y. He is also a member of the American Society of Naval Engineers and the Society of Naval Architects and Marine Engineers.

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John W. “Bill” Shirley is the former program manager of the U.S. Department of Energy, Naval Reactors Division, Seawolf and Virginia Class Submarines. He has 34 years of experience in senior positions at the Navy Division of Naval Reactors. Shirley now works as a private consultant, giving preference to JF Lehman Partners. He earned a chemical engineering degree from the University of South Carolina and graduated magna cum laude on a Naval ROTC scholarship. He completed post graduate work at the Bettis Reactor Engineering School in Virginia.

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