(Press release)
TUMON, Guam — David A. Alcorn was named 2023 Guam Business Magazine Executive of the Year at the annual Guam Business Magazine Executive of the Year award gala held at the Hyatt Regency Guam on Jan. 13.

Born in Orange County, Calif, Alcorn moved to Honolulu, Hawaii, where he began his career in hospitality working at Smitty’s Pancake House. In 1975, Alcorn agreed to the opportunity to fly to Guam and launch King’s Restaurant on the island, which GFS would purchase in 1985 from owner Phillip A. Schmidt.
King’s now has restaurants in Tamuning at the Guam Premier Outlets and Compadres Mall in Harmon, and Alcorn has said he will expand the chain. GFS brands also include Ruby Tuesday and Domino’s at the Navy Exchange Guam.
Alcorn took his early success and experience at King’s Restaurants and began to look toward catering contracts. Global Food Services Inc was incorporated in July 2003 and won its first contract on Guam on Oct. 1, 2003, with Raytheon Technical Services Guam for the operation of food services and other Moral Welfare and Recreation activities and would launch GFS as a contractor in the field.
GFS now holds multiple U.S. Department of Defense contracts, including Naval Hospital Dietetic Patient Services; Department of Defense Education Activity’s Guam School Lunch Program; the U.S. Marine Corp.’s Regional Feeding for Camp Pendleton, Calif. and Camp Lejeune, N.C. as a subcontractor, and consulting for Sodexo Guam for the Guam Department of Education’s School Lunch Feeding contract.
GFS supports a number of non-profits and community events.
Alcorn is featured on the cover of the Guam Business Magazine January-February issue, which was released at the gala.
This year’s beneficiaries of the gala are the Guam Chapter of the American Red Cross, the Nicolette Baldovino Community Foundation Inc., the NMI Chapter of the American Red Cross and the Northern Marianas College NMC Foundation.
Alcorn joined five other executives in vying for the prestigious award: Nenita C. Baldovino, owner of Rambies Corp., which does business as Rambies Fast Food and Rambies Catering; William H. Best, vice president and general manager, Smithbridge Guam; Cesar C. Cabot, attorney and founding partner, Cabot Matanona LLP, and owner of CW Holdings LLC, which does business as the Medical Arts Center; John Day, president and chief operating officer, Pacific Data Systems; and Matthew S. Hunter, vice president, chief operating officer, and chief financial officer, Dylan Mechanical Construction Services 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).
Sponsors of the Guam Business Magazine Executive of the Year 2023 Gala are Bank of Guam, Rambies, Dylan Mechanical Construction Services, First Hawaiian Bank, Ambros, Pacific Data Systems, Coast360 Federal Credit Union, Calvo’s Insurance, Mobil Oil, Gemkell, Power 98FM, The Wave 105.1 FM, Coca-Cola, Foremost, Shooting Star Productions and the Hyatt Regency Guam.
David Alcorn named Guam Business Magazine 2023 Executive of the Year
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