Disclosure Bill Sparks Resignation of Two UH Regents

The regents cited a new law that would require them to make their financial interests public.

·By Alia Wong

Two members of the University of Hawaii Board of Regents have resigned because of a bill passed this year that would require them to make their financial disclosures public.

John Dean, the president and CEO of Central Pacific Bank, and Saedene Ota, a business owner and graphics designer, submitted their letters of resignation to Gov. Neil Abercrombie earlier this month. Dean did so on June 12 and Ota on Thursday. (See the letters below.)

Both of them cited Senate Bill 2682 as their reasons for resigning. The “good government” measure, which was passed unanimously by the Legislature,

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