Michael McGrane, a budget analyst for the Honolulu Authority for Rapid Transportation, was offered and accepted the chief financial officer position before the current CFO rescinded her resignation, PBN has learned. CFO Diane Arakaki had announced she was resigning in January, but rescinded the resignation after former First Hawaiian Bank CEO Don Horner stepped down from his post as HART chairman, several sources close to the situation told PBN. On April 6, a HART document said it had made an offer…

 

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