---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-007260"
form_type: "8-K"
ticker: "MLP"
cik: "0000063330"
company_name: "MAUI LAND & PINEAPPLE CO INC"
filed_at: "2023-03-20T23:59:59+00:00"
generated_at: "2026-06-17T23:19:26.465823+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# CEO Warren Haruki resigns; Race Randle appointed CEO, Scot Sellers as Chairman

## Summary
- Haruki resigns as CEO and board chair effective Mar 31, 2023; will serve as senior advisor.
- Randle named CEO effective Apr 1, 2023; receives $500k salary, $150k signing bonus, $100k relocation.
- Sellers appointed chair effective Apr 1, 2023; receives $250k annual (75% stock, 25% cash) + 400k share options.
- Randle led $15B Google partnership at Lendlease; Sellers former Archstone CEO, on Howard Hughes board.
- Haruki's separation includes 24-mo salary and vesting of 66,338 shares; no disagreement.

## SEC filing metadata
- accession: 0001437749-23-007260
- form_type: 8-K
- ticker: MLP
- cik: 0000063330
- company_name: MAUI LAND & PINEAPPLE CO INC
- filed_at: 2023-03-20T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/63330/000143774923007260/0001437749-23-007260-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/63330/000143774923007260/mlp20230318_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-007260
- JSON: https://secwatch.observer/filing/0001437749-23-007260.json
- Plain text: https://secwatch.observer/filing/0001437749-23-007260.txt

## Key facts
- Executive change
  R. Scot Sellers was appointed as Director and Chairperson at MAUI LAND & PINEAPPLE CO INC.
  - Action: appointed
  - Role: Director and Chairperson
  source text: the Board approved the appointment of R. Scot Sellers, age 66, to serve as a director on the Board and chairperson of the Board, effective as of April 1, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/63330/000143774923007260/0001437749-23-007260-index.htm
- Executive change
  Warren H. Haruki departed as Chief Executive Officer at MAUI LAND & PINEAPPLE CO INC.
  - Action: resigning
  - Role: Chief Executive Officer
  source text: Warren H. Haruki notified Maui Land & Pineapple Company, Inc., a Delaware corporation (the “ Company ”), that he will be resigning as the Chief Executive Officer of the Company and as a member and chairperson of the board of directors of the Company (the “ Board ”), to be effective on March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/63330/000143774923007260/0001437749-23-007260-index.htm
- Executive change
  Race Randle was appointed as Chief Executive Officer at MAUI LAND & PINEAPPLE CO INC.
  - Action: appointed
  - Role: Chief Executive Officer
  source text: the Company appointed Race Randle as Chief Executive Officer, effective April 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/63330/000143774923007260/0001437749-23-007260-index.htm
- Executive change
  Warren H. Haruki departed as chairperson of the board at MAUI LAND & PINEAPPLE CO INC.
  - Action: resigning
  - Role: chairperson of the board
  source text: Warren H. Haruki notified Maui Land & Pineapple Company, Inc., a Delaware corporation (the “ Company ”), that he will be resigning as the Chief Executive Officer of the Company and as a member and chairperson of the board of directors of the Company (the “ Board ”), to be effective on March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/63330/000143774923007260/0001437749-23-007260-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.