Board of Directors

Michael O’Malley, Chair
Goodsill, Anderson, Quinn & Stifel

Keiki-Pua Dancil, Vice Chair
Director, Business Strategy Development
Hawaiian Electric Company

Ann Chung
Chung Associates

James Moonier
Managing Member
Alpha Capital Research

Craig Nakanishi
Cades Schutte LLP

Marissa Sandblom

Mark Tsuda
Executive Director
‘Ilima at Leihano – A Kisco Senior Living Community

Jon Wallenstrom
Alakai Development

Ex-Officio Members:

DBEDT Director
Michael McCartney
Department of Business, Economic Development and Tourism

HTDC Representative
Elijah Yip
Luminate Law

NELHA Representative
William Mielcke
Retired President
Mauna Kea Resort


Karl Fooks, President

karl-fooksKarl is the president of the Hawaii Strategic Development Corporation, an agency of the state of Hawaii that partners with private sector investors to mobilize investment capital for the growth sectors of Hawaii’s economy. Formerly a managing director and head of Private Equity in Asia for J.P. Morgan & Co., Karl has extensive experience as an investment professional. Prior to that position, Karl was head of Mergers and Acquisitions in Asia for J.P. Morgan & Co. He holds a master’s degree from the Woodrow Wilson School of Public and International Affairs at Princeton University, a bachelor’s degree from the University of California, Berkeley and hails from the North Shore of Oahu.

Contact Karl at karl.fooks@hawaii.gov.