Business

Dames named president, CEO of Servco Pacific

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Peter Dames

Peter Dames has been named the new president and chief executive officer of Servco Pacific Inc, effective Oct. 1, according to the company.

Dames, who currently serves as Servco’s executive vice president, has been responsible for Hawaiʻi’s automotive retail operations and marketing, creating Servco’s digital strategy team, and leading automotive distribution, retail, IT, Hui Car Share and marketing since joining the company in 2018.

As chief executive officer, Dames will be responsible for all Servco businesses, including its automotive business in Hawaiʻi and Australia, musical instruments business and venture capital investments.

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Founded in 1919, Servco Pacific is Hawaiʻi’s largest private company. Servco’s main businesses are in automotive distribution and retailing, and in musical instruments and e-learning, according to the company.

Mark Fukunaga, the current chief executive officer, will transition from chairman to executive chair of the board. Fukunaga will focus on the company’s growth initiatives, and together with Dames, will maintain and strengthen key business and family relationships.

“Peter has been an invaluable leader in guiding Servco’s shift from a product-focused company to a services-based mobility business,” Fukunaga said.

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“He truly exemplifies our core value of ‘continuous innovation,’ and I have every confidence that he, along with our incredible leadership team, will continue to build on Servco’s success,” Fukunaga added.

Rick Ching, Servco’s president and chief operating officer, will retire but remain a director of Servco’s Global Mobility Board on Oct. 1.

Ching has been a part of Servco’s team for 38 years, holding various positions in corporate finance, automotive operations, and support functions in Hawaii.

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For more information, visit: http://www.servco.com/

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