Kim Petersen

Go to Oral History
Return to Biographies & Oral Histories Home

Kim Petersen is chief financial officer of Charles Pankow Builders, Ltd. (CPBL), a position he has held since 2000.

He came to Charles Pankow, Inc. (CPI) from Coopers & Lybrand, the Big Eight public accounting firm. Hired as an assistant controller in July 1983, Petersen was assigned to Pankow Development, a division headed by Russell J. Osterman, one of the original partners in CPI. The division was responsible for all of Charlie Pankow's development activities, in association with George Hutton in Hawaii and with Osterman on the Mainland.

In 1984 Petersen became one of two division controllers in Pankow Construction Company, the building group under the CPI umbrella. In this capacity, he worked on both of the reorganizations that Charlie Pankow undertook, which ultimately yielded CPBL.

In the space of four years, four CFOs rotated through the company, beginning with Jim Body, who hired Petersen, and ending with Timothy P. Murphy, who then remained in the position for fourteen years.

In the early 1990s, Petersen became corporate controller. In this capacity, he was responsible not only for the company's accounts, but Charlie Pankow's personal and other business accounts.

Petersen was one of six executive managers who formed a controlling general partnership as part of the company's reorganization in the wake of Charlie Pankow's death, in January 2004. As he describes in his interview, the passing of Mr. Pankow and the transition of the company to its current ownership structure constituted the most significant event in his time as CFO.