Alexander & Baldwin, Inc. Announces Two Executive Promotions
November 01, 2021 at 08:13 pm
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Alexander & Baldwin, Inc. announced two executive promotions consistent with its focus on Hawai'i commercial real estate. Lance K. Parker, executive vice president, has additionally been named chief operating officer of the Company. Scott G. Morita has been named vice president and corporate counsel of the Company and will assume many of the duties of Nelson Chun, who will retire as chief legal officer of A&B in early 2022, as previously announced. Both promotions are effective November 1, 2021.
Alexander & Baldwin, Inc. (A&B) is a real estate investment trust (REIT). The Company is focused on owning, operating, and developing commercial real estate. The Company operate through two segments: Commercial Real Estate and Land Operations. The Commercial Real Estate segment functions as a vertically integrated real estate investment company with competencies in investments and acquisitions, including identifying opportunities and acquiring properties; construction and development, including designing and ground-up development of new properties and in-house leasing and property management. The Land Operations segment includes the Company's landholdings, assets, and liabilities that are subject to the Company's simplification and monetization effort. It owns, operates, and manages approximately 3.9 million square feet of commercial space in Hawai'i, including 22 retail centers, 13 industrial assets and four office properties, as well as 142 acres of ground leases.
ALEXANDER & BALDWIN, INC. 
