Paul A. Calvo named 2024 Guam Business Magazine Executive of the Year

Paul A. Calvo was named 2024 Guam Business Magazine Executive of the Year at the annual Guam Business Magazine Executive of the Year award gala held last night at the Hyatt Regency Guam.

A graduate of Menlo College’s School of Business Administration in Atherton, Calif., Calvo was introduced to the world of business at a young age. He said his father, businessman and politician former Gov. Paul M. Calvo, along with his uncles Eddie Calvo, Jerry Calvo and Henry Schnabel were role models.

It was also the “thrill of making the deal” that also drew him into the business world. His first appointment at Calvo’s Insurance was in 1983 as a personal lines claims coordinator, assisting clients in understanding their coverage and filing automobile and home claims. Slowly, he worked his way up the ladder, learning more about the insurance business before becoming the manager of Calvo’s Life & Health Insurance Department, and then eventually becoming president and COE of Calvo’s Insurance in Guam. At the helm, he pioneered new programs, including the insurance customer loyalty program, the Calvo’s Lifestyle Club; 24/7 roadside assistance program, and more.

He also serves as president of Calvo’s Insurance Saipan and president of Calvo’s Insurance Palau. He is chairman of the board of SelectCare Philippines, vice chairman of Guahan Waste Control Inc., which does business as Mr. Rubbishman, vice president and board director of Pay-Less Markets Inc., board director of PMC Investments Inc. and board director of Title Guaranty of Guam. He also led negotiations for the acquisition of Tokio Marine Pacific Insurance, now called Calvo’s SelectCare Insurance Inc.

Calvo’s Insurance supports a number of non-profits and community events. These include the Edward M. Calvo Cancer Foundation, Pay-Less Kick the Fat Run, UOG Endowment Foundation, American Red Cross, Catholic Social Service, Catholic Daughters of the Americas, Guam Memorial Hospital Volunteers association, Guam Animals in Need, Pink Ball Guam Association, Filipino Association of Guam and numerous schools, churches, and sports groups.

Calvo is featured in portraiture on the cover of the Guam Business Magazine January-February issue, which was released at the gala. The annual gala is a fundraising event for non-profit organizations.

Calvo joined six other executives in vying for the prestigious award: Tamio “Tom” Clark, principal broker, Blue Pacific Realty; Ho S. Eun, founder and chairman, Core Tech International Group of Companies; Joe C. Guerrero, co-owner, Naked Fish Bar & Grill and principal consultant for Transcends Consulting; Michael A. Taitano, president of XVI Corp, owner of Guam Service Pros, Marianas Service Pros, Paramount Wholesale, and Prime Custom Cabinetry. Craig Wade, president and CFO of JRV Group, which does business as Mid Pac Far East LLC, Commercial Tire Depot LLC, Napa Auto Parts, and RKM Property Group LLC; and Kim Anderson Young, President, Security Title Inc.

Past Executive of the Year recipients include Robert H. Jones of Triple J Enterprises Inc. (1983); John M. Borlas of IT&E Overseas Inc. (1984); Philip J. Flores of BankPacific (1985); Doris Flores Brooks of the Office of Public Accountability (1986); Mark V. Pangilinan of M.V. Pangelinan Enterprises Inc. (1987); Allen A. Pickens of Tax-Aide (1988); the late T. Roy Sullivan of Jones & Guerrero Co. (1989); Kurt S. Moylan of Moylan’s Insurance (1990); the late Akira “Mike” Baba of Baba Corp. (1991); Paul M. Calvo of Calvo Enterprises Inc. (1992); Antoinette D. Sanford of  Sanford Technology Group (1993); the late Kenneth T. Jones of Jones & Guerrero Co. (1994); the late Edward M. Calvo of Calvo Enterprises Inc. (1995); L. Carl Peterson of Money Resources Inc. (1996); William R. Thompson (1997) of Atkins Kroll Inc.; the late John K. Lee of First Hawaiian Bank (1998); the late Henry L. Schnabel of Calvo’s Insurance Underwriters (1999); Marian Aldan-Pierce of DFS Saipan (2000); Manfred H. Pieper of Voyages Indigenous Tourism Australia (2001); Thomas G. Ahillen of Asia Pacific Solutions LLC (2002); Juan T. Guerrero of Herman’s Modern Bakery Inc. (2003); Joseph M. Crisostomo of Cars Plus LLC, Cycles Plus and Payless Car Rental (2004); Joseph “Jerry” Kramer of Pacific International Inc. (2004); David M. Sablan of Century Group of Companies (2005); the late Alfred C. Ysrael of Tanota Partners (2006); Lee P. Webber of MDA Guam (2007); Laura-Lynn V. Dacanay of First Hawaiian Bank (2008); Jerry Cho Yee Tan of Tan Holdings Inc. (2009); Lourdes A. “Lou” Leon Guerrero of Bank of Guam (2010); Jay R. Shedd of Pacific Data Systems (2011); Jerrold C. Johnson of Hawaiian Rock Products (2012); George Chiu of Tan Holdings (2013); Norman T. Tenorio of Joeten Enterprises Inc., Pacifica Insurance Underwriters Inc., Tropical Instant Press Inc., Saipan Shipping Co., Saipan Stevedore and Advance Carrier (2014); Jeffrey B. Jones of Triple J Enterprises Inc. (2015); Jose C. “Joe” Ayuyu of McDonald’s of Guam and Saipan, RJ Corp. and RJ Guam LLC (2016); Leonard K. Kaae Sr., senior vice president and general manager, Black Construction Corp. (2017); and Bernadette N. Valencia, vice president and general manager of for Micronesia and Okinawa, Matson Navigation Inc. (2018). Annmarie T. Muna, AM Insurance Inc. (2019); Edward G. Untalan, executive vice president, Guam-CNMI region manager of First Hawaiian Bank (2021); Thomas G. Shimizu, general manager of Ambros Inc., Marianas Pacific Distributors Inc., Shimbros International Inc., and South Pacific Distributors Inc. (2022); David A. Alcorn, president and chief operating officer, GFS Group (2023).

The following sponsors are thanked for their contributions and assistance: Calvo’s Insurance, Calvo’s SelectCare, MidPac Far East, Security Title, Jones & Guerrero, Bank of Guam, Guam Service Pros, Docomo Pacific, APL, Core Tech International, Paradise Fitness Center, Ambros Inc., Coast 360 Federal Credit Union, Hyatt Regency Guam, Coca-Cola Beverage Co., Foremost Foods, and Shooting Star Productions. mbj