ALTRES, a prominent staffing and human resources firm in Hawaii, recently announced the promotion of Madhu Lundquist to the position of Chief Information Officer (CIO). Lundquist, who has been with the company for over two decades, will succeed Jeff Oki, a long-time executive who is retiring after 30 years of service. Mr. Lundquist's advancement signifies a shift in leadership and underscores ALTRES's commitment to technological advancement in the evolving business landscape of Hawaii.
Lundquist's career trajectory at ALTRES, starting as a web developer in 2004, reflects the company's focus on internal talent development. His progression through various roles, including Senior Web Developer and Director of Web Technologies, highlights his significant contributions to ALTRES's technological infrastructure. This internal promotion model not only benefits the individual but also reinforces a culture of growth and commitment within the organization. This approach aligns with strategies implemented by other leading companies in the state, as detailed in a recent article by Pacific Business News, which often fosters employee loyalty, and retains valuable institutional knowledge – a critical asset in the competitive Hawaii market.
The transition in the CIO role comes at a pivotal time for businesses in Hawaii. As companies increasingly rely on digital platforms for operations and client engagement, strong IT leadership is essential. In a related move, a study by the Hawaii State Department of Business, Economic Development & Tourism indicates a growing demand for tech professionals in the islands, further highlighting the importance of Lundquist’s new role in steering ALTRES’s technology initiatives. The company's success in this area could serve as a blueprint for other local businesses navigating digital transformation. This leadership change within ALTRES, therefore, is not just an internal shift, but also a barometer of technology's importance in the broader business ecosystem of Hawaii.
The promotion of Lundquist shows the company’s understanding of the need for a seamless transfer of institutional knowledge. The outgoing CIO, Jeff Oki, has provided the company with decades of service and will be pivotal in helping the new CIO take over leadership. As the economic conditions in Hawaii evolve, strong technological leadership will benefit ALTRES overall.