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Arnold Martines, group executive vice president of Central Pacific Bank, has been appointed the new chair of the Child and Family Service board of directors.
He replaces outgoing chair, Tony Mizuno, EVP of Bank of Hawaii. Prior to his new role, Martines was board secretary and has served on the CFS board since 2013.
“Arnold is an experienced leader with drive and compassion," Mizuno said, in a statement. "He will do an excellent job as chair and push the mission of creating healthy families…
Energy stocks led the decline, driven by the weakening oil price, followed by technology shares. Investors flocked to the safety of government debt.
Two giant East Coast investment management companies with trillions of dollars in assets own at least a small stake in most of Kansas City's largest public companies.
New York-based BlackRock Inc. and The Vanguard Group, headquartered in Malvern, Pa., own between 1% and 21% of 17 area public companies. Their combined investment includes 740 million shares, which are worth more than $21 billion.
The largest investments by either firm are in North Kansas City-based Cerner Corp. Vanguard owns $2.46…
