Five Community Leaders Appointed to Board

Stanford Carr was born and raised on Maui. As a locally and nationally recognized leader in business and the community, he has decades of accomplishments in architectural design and community development. He is currently the president of Stanford Carr Development where his portfolio ranges from master-planned communities to resort-style living to affordable rental housing.

Carr has been the recipient of numerous business awards including the 2015 Developer of the Year award by Hawaii Business Magazine, 2013 SMEI Hawai‘i Salesperson of the Year, and Business Leadership Hawai‘i, 2009 Business Leader of the Year. He has served in leadership roles for a wide range of business groups including past director of Hawai‘i Developer’s Council, past Governor’s Advisory Board for the Department of Hawaiian Home Lands, and the Japan America Society of Hawai‘i Advisory Board of Directors. As a nonprofit volunteer board member, Carr has served numerous nonprofits including the Trust for Public Land, Rehabilitation Hospital of the Pacific Foundation, and March of Dimes Hawai‘i.

William (Bill) E. Grayson, Esq. is a Principal at Bernstein Private Wealth Management in San Francisco.  Prior to Bernstein, Grayson was president of Falcon Point Capital, a SEC registered investment advisor and hedge fund management firm and vice president of J.P. Morgan in San Francisco. He also practiced law for ten years in corporate, law firm and government settings. He was the chief legal officer of a global food, vitamin and cosmetic company in Los Angeles, a litigator in a San Francisco law firm, and the Principal Deputy General Counsel of the Army in the Pentagon. For his service, he was awarded the Outstanding Civilian Service Medal by the Secretary of the Army.

Grayson has served on investment committees including the Archdiocese of San Francisco, Woodrow Wilson International Center for Scholars in Washington D.C., and as trustee and chairman, investment committee of Dominican University of California.  He also served on the board of trustees of the Bay Area Discovery Museum; the President’s Commission on White House Fellowships and was nominated by the President to serve on the Internal Revenue Service Oversight Board.  He currently serves on the board of the Institute of Governmental Studies at the University of California, Berkeley and on the Board of Governors of the University of San Francisco School of Law. Bill received his BA from the University of California, Santa Barbara, and his law degree from the University of San Francisco.

Robert Hiam has 43 years of health care management experience, beginning with HMSA’s administration of the state of Hawai‘i’s Medicaid contract in 1971.  Hiam was appointed president and CEO of HMSA in April 1995.  As HMSA's chief executive officer, he was responsible for providing strategic leadership in the development and implementation of concepts, plans, operating policies, and management direction to assure financial stability, achieve growth, and obtain the public service objectives for HMSA. He retired December 1, 2012. Hiam serves on corporate and nonprofit boards including First Hawaiian Bank, Tissue Genesis, Inc., HMSA Foundation and the Blood Bank of Hawaii.

Michael K. Hirai, CFA serves as senior vice president and manager of the Institutional Wealth Management Division at First Hawaiian Bank. This division is responsible for client assets totaling $8.4 billion in asset management, custody and trust employee benefit services. Hirai also serves as president and chief investment officer of Bishop Street Capital Management, the SEC-registered investment advisor and wholly-owned subsidiary of First Hawaiian Bank. With over thirty years of direct investment experience managing fixed income and equity portfolios for institutions and high-net worth individuals, he has served in senior management roles with several Los Angeles and Honolulu-based investment firms.

Hirai also serves as vice chair of the U.S.-Japan Council, executive board of the Aloha Council, Boy Scouts of America and director of CFA Society Hawaii. Past service includes the State of Hawai‘i Council on Revenues, Corporate Council of the Environment for the Nature Conservancy of Hawai‘i and Finance Committee of Chaminade University.  He holds an MBA from the Marshall School of Business at the University of Southern California and a BBA from the College of Business at the University of Hawai‘i.

Mary Sellers serves as vice chairman and chief risk officer for Bank of Hawaii and has been a member of the Bank’s Managing Committee since 2005.  She is responsible for overseeing the management of risk across the corporation.  Sellers joined the Bank in 1987 as an officer in the private financial services. She has worked in various capacities since then, including management positions in credit management and approval, credit services, and Pacific Century Leasing.  In 2000, Sellers was promoted to senior vice president in charge of credit review, and subsequently in 2002 to executive vice president.  In 2003, Sellers assumed responsibility for the risk management division and was promoted to vice chairman and chief risk officer in 2005. Sellers began her banking career with Bank of Delaware (now PNC) in its credit department in 1981.

Sellers serves on the board of directors of Hawaii Foodbank and HEDCO Local Development Corporation. She received her BA in management studies from Cedar Crest College and a master’s degree in economics from the University of Delaware. 

T. Michael May (Mike), has been elected to serve as board chair. He retired as president and chief executive officer of Hawaiian Electric Company, Inc. and the Hawaiian Electric Board in 2009 after 13 years. He also served on the Hawaiian Electric Industries board from 1995-2004, Hawaii Electric Company and was chairman of the board of directors of Maui Electric Company, Ltd. and Hawaii Electric Light Company, Inc. Before joining Hawaiian Electric Company, Inc. in 1992, May founded Management Assets Group, a management consulting firm with clients ranging from Hughes Corporation, Joy Technologies, South African Mining Company to the Ministry of Industry in Poland.