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Outrigger Names Dr. Charles R. Kelley Board Chair

Dr. Richard R. Kelley Named Chairman Emeritus
David Carey Continues as President and CEO

HONOLULU – Richard R. Kelley, M.D., Board Chairman of Outrigger Enterprises Group, Inc., since 1986, announced today that the family-owned company’s board of directors has accepted his initiative to step aside as Chairman in favor of his son, Charles Roy “Chuck” Kelley, M.D. W. David P. Carey III continues as Outrigger’s President and Chief Executive Officer. Richard Kelley now assumes the role of Chairman Emeritus. The changes took effect immediately following the board’s meeting on August 4. The board comprises four family members, including the two Drs. Kelley and Carey, and four outside directors.




Richard R. Kelley, MD
Chairman Emeritus

Charles R. Kelley, MD
Chairman
W. David P. Carey III
President & CEO


“After 25 years as Chairman, I felt it was time to follow the example of my father (company founder Roy C. Kelley) and continue the evolution of our company’s leadership by passing the reins to the next generation. However, no one should imagine I’m retiring,” said the 77-year-old Kelley, who has long maintained a whirlwind schedule of meetings, nationwide speaking engagements, leadership involvement on professional and nonprofit boards, writing and international travel.

“I plan to keep doing most of what I’ve been doing since stepping down as CEO in 1993,” said the new Chairman Emeritus, “but I’m asking Chuck to take over the considerable governance work involved in chairing the board. Outrigger’s management remains in the proven, capable hands of David Carey. David has brilliantly led the transition that I began from the successful mom-and-pop business my parents created to one of the Asia-Pacific region’s largest, fastest-growing, privately held hospitality companies. He has also led our highly successful and continuing energetic expansion from Waikiki to the neighbor islands, the Pacific and Asia.”

Kelley noted Outrigger’s tradition of generally keeping the role of chairman separate from those of president and CEO, beginning when he gradually assumed day-to-day management of the company from Roy Kelley in the late 1960s, while his father remained Chairman. “I know that Chuck will bring his characteristically thoughtful, analytical approach to his new role,” said Kelley, “and that he will also carry on the important Outrigger tradition, begun by my parents Roy and Estelle, which I have also attempted to maintain, of keeping in close personal touch with our employees, from housekeeping and engineering on up to the executive suite.”

“Dr. Kelley has earned a legendary reputation in our company, in our community and in our industry,” said Carey, “and I’m reassured to know he has no plans to slow down anytime soon. It’s impossible to overstate the value of the experience, wisdom and clarity of thought he brings to the leadership of our company. I have no doubt he’s going to redefine the image of the emeritus role.”

Carey continued, “I’ve greatly enjoyed working with Chuck on a wide range of strategic issues since he joined the company 11 years ago. He’s been an invaluable partner on the board of directors and in overseeing our separate Advisory Board of Directors, which formulates and conveys the extended Kelley family’s input to the company leadership. Chuck always takes a very thoughtful approach, he’s inherited his father’s instinctive concern for what employees are thinking and what they care about, and he’s honed the practice of management-by-walking-around to a fine art. His high-touch, hands-on, ohana-oriented approach, combined with his wide-ranging expertise and experience, is ideally suited to the role of Chairman.”

In addition to his new role as Chairman, Dr. Chuck Kelley continues to serve as Outrigger’s Vice President for the KF Development Group, which has oversight responsibility for the company's Advisory Board of Directors and a range of investor-related services for owners of the company and its affiliates. Activities of the KFD Group include financial management, tax planning and investment monitoring. Dr. Chuck Kelley works in a variety of roles in human resources and risk management, leveraging his master's degree in public health.

“I’m honored – and humbled – to take on the responsibilities of Chairman,” said “Dr. Chuck,” as Outrigger employees familiarly call him. “My dad is a tough act to follow, and I’m glad he’s planning to remain actively engaged – hyperactively is probably a better word for the way he lives and works – for a long time to come. I’m going to rely on him and David for their wisdom and leadership as we continue to evolve and expand the Outrigger brand of hospitality.”

Outrigger Enterprises Group is one of the largest and fastest-growing privately held leisure lodging and hospitality management companies in the Asia-Pacific region. A family-owned company with more than 60 years of hospitality experience, Outrigger represents several highly successful brands of hotels, condominiums and vacation resort properties, including Outrigger® Hotels & Resorts, OHANA® Hotels & Resorts, Outrigger Condominium Collection®, Embassy Suites®, Best Western®, Courtyard® by Marriott, and Wyndham Vacation Ownership®. Outrigger currently operates or has under development 44 properties with close to 11,000 rooms located in Hawaii, Australia, Guam, Fiji, Bali, Thailand, Vietnam and China.

Outrigger Enterprises Group also owns 50 percent of Outrigger Lodging Services® (www.outriggerlodging.com), which operates 12 boutique and brand name hotels in the United States. Outrigger Enterprises Group also operates and develops hotels and hospitality-related retail and real estate opportunities for partners in Hawaii, the continental U.S. and Asia-Pacific. For more information, visit www.outriggerenterprisesgroup.com and www.outrigger.com.
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Contact:

Nancy Daniels, APR
Outrigger Enterprises Group
Office: 808-921-6839
Cell: 808-221-9151
Fax: 808-921-6901
[email protected]


 
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