Norman Tenorio named Executive of the Year

TUMON, Guam—Norman T. Tenorio, managing director of Joeten Enterprises Inc. and president and CEO of Pacifica Insurance Underwriters Inc. on Saipan, was named the 2014 Guam Business Magazine Executive of the Year at the 32nd annual Guam Business Magazine Executive of the Year award gala held Saturday at the Hyatt Regency Guam.

Norman T. Tenorio

The annual Guam Business Magazine Executive of the Year gala is a fundraising event for the Guam chapter of the American Red Cross. This year’s event drew approximately 400 people.

A native of Saipan, Tenorio started his working career at the mom-and-pop store that would expand to become Joeten Enterprises, a business his parents, Jose C. “Joeten” and Soledad “DaiDai” Tenorio, started in 1949. The company is now a conglomerate that includes Joeten Motors Co.; J.C. Tenorio Enterprise grocery market, department store and restaurants; Joeten Ace Hardware; the Joeten Superstore wholesale club; Marianas Management Corp.; Construction Material & Supply Inc.; Joeten Wholesale; and franchises for The Athlete’s Foot and Napa Auto Parts.

Tenorio is also president of Tropical Instant Press Inc.; secretary/treasurer of Saipan Shipping Co.; president of Saipan Stevedore; president of Advance Carrier and is on the boards of directors for Guahan Insurance Services and Nanbo Guam Ltd., which does business as Nanbo Insurance. He is a trustee of the Joeten DaiDai Foundation and also makes charitable contributions to various sports events, the Marianas Islands Nature Alliance, and the American Red Cross, among other organizations.

Tenorio is featured in portraiture on the cover of the Guam Business Magazine January-February issue, which was released at the gala.

Tenorio, 63, was this year’s only nominee from the Northern Mariana Islands, joining nine others from Guam: Gener F. Deliquina, CEO of Coast360 Federal Credit Union; James S. Herbert III, general manager of Triple J Five Star Wholesale Inc.; Jeffrey P. Larsen, president of TakeCare Insurance Co. Inc.; Renie “Rey” Llaneta, president of Re/Max Asyenda Realty Philippines and manager – Western Pacific region for Chugach Alaska Corp.; Hiroyuki Miyata, president and CEO of LeoPalace Guam Corp., which does business as LeoPalace Resort; Milton K. Morinaga, managing director of P.H.R. Ken Micronesia Inc.; Donna M. Quinata, senior vice president of Auto Spot Mitsubishi; John M. Robertson, president of AmOrient Engineering; and Peter R. Sgro Jr., president and chairman of International Group Inc.

Tenorio joins past Executive of the Year recipients, who include Robert H. Jones of Triple J Enterprises (1983); John M. Borlas of IT&E Overseas Inc. (1984); Philip J. Flores of BankPacific (1985); Doris Flores Brooks of the Office of Public Accountability (1986); Mark V. Pangilinan of M.V. Pangelinan Enterprises Inc. (1987); Allen A. Pickens of Tax-Aide (1988); the late T. Roy Sullivan of Jones & Guerrero Co. (1989); Kurt S. Moylan of Moylan’s Insurance (1990); Akira “Mike” Baba of Baba Corp. (1991); Paul M. Calvo of Calvo Enterprises Inc. (1992); Antoinette D. Sanford of Sanford Technology Group (1993); the late Kenneth T. Jones of Jones & Guerrero Co. (1994); the late Edward M. Calvo of Calvo Enterprises Inc. (1995); CONTACT _Con-3FDB79A04AB \c \s \l L. Carl Peterson of Money Resources Inc. (1996); William R. Thompson (1997); John K. Lee of First Hawaiian Bank (1998); the late Henry L. Schnabel of Calvo’s Insurance Underwriters (1999); CONTACT _Con-3FDB79A0222 \c \s \l Marian Aldan-Pierce of DFS Saipan (2000); Manfred H. Pieper of the Conrad Bangkok (2001); Thomas G. Ahillen of Asia Pacific Solutions LLC (2002); Juan T. Guerrero of Herman’s Modern Bakery Inc. (2003); Joey Crisostomo of Cars Plus LLC, Cycles Plus and Payless Car Rental (2004); Joseph “Jerry” Kramer of Pacific International Inc. (2004); David M. Sablan of Century Group of Companies (2005); Alfred C. Ysrael of Tanota Partners (2006); Lee P. Webber of MDA Guam(2007); Laura-Lynn V. Dacanay of First Hawaiian Bank (2008); Jerry Cho Yee Tan of Tan Holdings Inc. (2009); Lourdes A. “Lou” Leon Guerrero of Bank of Guam (2010); Jay R. Shedd of Docomo Pacific (2011); Jerrold C. Johnson of Hawaiian Rock Products (2012); and George Chiu of Tan Holdings (2013).

Sponsors of the event include T Galleria by DFS, Delta Air Lines, Shimbros Inc., Hyatt Regency Guam, Quality Distributors, Coca-Cola Beverage Co., Foremost Foods Inc. and Sorensen Media Group. (PR)