Former Hawaiian Air trustee on Obama's transition team
Advertiser Staff
Former Hawaiian Airlines trustee Joshua Gotbaum has been named to President-elect Barack Obama's transition team to review the Department of Treasury.
The 57-year-old Gotbaum served as Hawaiian's court-appointed trustee from July 2003 to June 2005 while the state's largest airline operated under bankruptcy protection.
Gotbaum and Michael Warren, chief operating officer of Washington, D.C.-based consultant Stonebridge International LLC, will provide guidance on policy, budget and personnel decision on the department, which is managing the $700 billion financial rescue plan.
Gotbaum, who worked in the Clinton White House, most recently was a partner of the private equity firm Blue Wolf Capital Management.
At Hawaiian, he successfully steered the company through a complex bankruptcy. But he attracted criticism from the public when he asked for an $8 million bonus, or "success fee," at the conclusion of the reorganization.
U.S. District Judge Robert Faris reduced his fee request to $250,000.