Business mag names two as its exec of the year

Guam Business magazine has named self-made businessmen Joseph Kramer and Joey Crisostomo as its 2004 Executive of the Year.

Kramer is chief executive officer of Pacific International Inc., which owns the Marshall Islands Resort Hotel and the New Century Hotel in Guam. His company is the general service agent in the Marshall Islands for Air Nauru and has secured the agency for Aon and Century Insurance Co. in that territory.

Kramer’s company also owns commercial and residential properties in Majuro, which include embassies and residences of the United States, Japan, and the Republic of China, and 90 apartments.

Guam Business featured Kramer’s success story from a young boy cleaning fish in a fish market to an environmental test technician for research and development testing of missile-guidance system components, before becoming a business executive and entrepreneur. Guam Business described the young struggling Kramer as one with sophisticated intellect.

“Believe in what you are doing, or only do what you believe in. maintain personal integrity, and look for that quality in the people you do business with,” Guam Business quoted Kramer as saying.

Crisostomo, meanwhile, is owner of Cars Plus on Guam, which started shortly before the new century as dealer of cars and motorcycles. The company also engages in used car dealership and operates the authorized Chrysler-Jeep-Dodge service center. After about two years of operation, the company expanded to acquire exclusive distributorship of the totally reengineered Hyundai line and the Chrysler-Jeep-Dodge franchise.

Guam Business featured Crisostomo as a motorcycle aficionado who was not only successful inside the racetrack but as a business executive of car dealers in Guam and in the United States. Described as a leader, Crisostomo eventually managed to put up his own company.

“When you give, it will always come back tenfold. If you do good things, good things will come back to you and if you do what is right, then you are okay,” Crisostomo’s wife Joyce said of what the businessman has always impressed on his family.

Other nominees include Lucy M. Alcorn, president and chief executive officer of Global Food Services and Facilities Management LLC; Mark W. Chamberlin, president of Guamcell Communications and Saipancell Communications; Walter B. Dias, staff vice president of sales and marketing for Continental Micronesia; Joseph D. Lopez Jr., manager of No Ka Oi Termite & Pest Control (Guam) Inc. and No Ka Oi International; Monty A. McDowell, CEO and principal broker for Advance Management Inc. and president of Pacific Technical Services Guam Inc.; Matthews Pothen, president and CEO of Guam Industrial Services Inc.; Alan R. Seid, board chairman of Micronesia Investment & Development Corp. and founding president of Palau Micronesia Air; Jerry L. Tan, executive vice president of Tan Holdings Corp. that does business in more than a dozen counties in the Western Pacific; and Hidenobu Takagi, president of Takagi & Associates Inc.

Guam Business recognizes outstanding entrepreneurs and business executives in the Micronesia every year.