A&B Promotes Torres to Assistant Controller.HONOLULU -- The board of directors of Alexander & Baldwin, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ALEX) has promoted Denise Ishizu Torres to the position of assistant controller, effective today. Torres reports to Controller Paul Ito, and will be responsible for financial consolidations and reporting. She will continue to have responsibility for implementation of the accounting components of the Company's new OutlookSoft financial software. Torres previously was senior accountant. "Denise joined A&B in May 2004 and has made tremendous contributions to the Company since then," Ito said. "She is very talented and equally hard working, taking initiative to improve our practices in many different ways. We are pleased to recognize her contributions and potential with this promotion." Torres is a certified public accountant Certified Public Accountant (CPA) An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. (CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. ) and a member of the American Institute of Certified Public Accountants With over 330,525 CPA members (in August 2006), the American Institute of Certified Public Accountants (AICPA) is the largest professional organization of Certified Public Accountants (CPAs) in the United States of America. . Prior to joining A&B, she was controller for Guamcell Communications, a multi-million dollar telecommunications company in Guam; she also had been a senior financial analyst for Citibank and a senior tax accountant for Ernst & Young LLP. While living in California, she was an accountant for William Lippert CPA and Grizzly Analytical, a medical equipment wholesaler. Torres earned her Bachelor's degree in accounting at the University of Guam UOG's motto: to enlighten, to discover, to serve... The University of Guam, located in Mangilao, Guam, is a land-grant institution accredited by the Western Association of Schools and Colleges. , having entered college at the age of sixteen. Alexander & Baldwin, Inc. is a diversified corporation headquartered in Honolulu. A&B's major lines of business are ocean transportation (Matson Navigation Company Matson Navigation Company, a subsidiary of Alexander & Baldwin, is a private ocean transportation company with roots extending into the late 19th century. It is credited with introducing mass tourism to Hawaii with the opening of the Moana Hotel (now known as the Moana Surfrider Hotel) , Inc. and Matson Integrated Logistics, Inc.); real estate (A&B Properties, Inc.); and food products (Hawaiian Commercial & Sugar Company and Kauai Coffee Company, Inc.). Additional information about A&B may be found at its web site: www.alexanderbaldwin.com |
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