Fremont, Calif.-based PetersenDean Roofing & Solar said it has acquired Hawaii-based Haleakala Solar.
Haleakala Solar was founded in 1977 by Jim Whitcomb and installs photovoltaic solar, water heating and battery storage systems. The new owners plan to add roofing installations.
“Mr. Whitcomb will stay on and take an active role in the sales development segment of the company in Hawaii as we add new verticals to the market and expand to the remaining islands,” said Gary Liardon, president of the consumer division of Petersen, in a news release.
Whitcomb approached Jim Petersen, CEO and president of Petersen, late last year about buying Haleakala Solar, according to the news release.
“The time came to hand over the reins,” Whitcomb said in the release.
Peterson employs 3,000 workers and operates in seven states: Arizona, California, Colorado, Florida, Nevada, Oklahoma and Texas.
Cigna buying Express Scripts for $52 billion
Health insurer Cigna is buying pharmacy benefits manager Express Scripts. It’s the latest in a string of proposed buyouts and tie-ups in a rapidly shifting landscape for the health services industry. The $52 billion deal announced Thursday follows a bid late last year by CVS to buy the insurer Aetna.
11 nations to sign Pacific trade pact
SANTIAGO, Chile >> Trade ministers from 11 Pacific Rim countries have signed a sweeping agreement to streamline trade and slash tariffs just as U.S. President Donald Trump is preparing to formalize new tariffs on aluminum and steel to protect U.S. producers. The deal signed Thursday in Chile’s capital is an outgrowth of the Trans-Pacific Partnership that Trump pulled the U.S. out of last year.
GOP leaders add elements to bank bill
WASHINGTON >> Senate Republican leaders have added some further limits on regulators as well as consumer benefits to legislation rolling back restraints on banks. This comes as substantial support from Democrats helps edge the bill closer to passage. The legislation before the Senate would alter key elements of the Dodd-Frank law enacted to prevent a repeat of the financial crisis 10 years ago that brought the U.S. economy to the brink of collapse. The Senate debated the measure Thursday.
ON THE MOVE
Hilton Waikoloa Village announced that Christopher Anderson has been appointed the resort’s director of sales. He has 16 years’ experience in executive-level positions across the country. He has been director of sales at Hilton Anaheim in California and associate director of sales at both Hyatt Regency Capitol Hill and Grand Hyatt Washington, in Washington, D.C.
The Ritz-Carlton Residences, Waikiki Beach, has announced the following:
>> Jon Ushijima is its new director of Asia sales. Ushijima has more than 20 years of hotel sales and hospitality experience throughout Asia, including as director of Resort Sales-Asia for Irongate, developer of the Ritz-Carlton Residences, Waikiki Beach.
>> Huy Vo is the resort’s new director of public relations. Vo has more than 10 years of strategic communications experience in the areas of luxury, hospitality, travel and tourism, including as director of marketing for Irongate. Vo also has worked for The Kahala Hotel & Resort and Hawaiian Airlines.
