secwatch.observer — SEC 8-K summary
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Issuer:     MAUI LAND & PINEAPPLE CO INC (MLP)
CIK:        0000063330
Form:       8-K
Filed at:   2024-01-04T23:59:59+00:00
Accession:  0001437749-24-000464
Event type: leadership
Sentiment:  positive
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Maui Land & Pineapple expands board to 7; appoints Ngo and Ota as independent directors
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- Board increased from 5 to 7 directors effective January 1, 2024; A. Catherine Ngo and Ken Ota appointed.
- A. Catherine Ngo is former President/CEO of Central Pacific Bank and current Chair of Central Pacific Financial Corp (CPF).
- Ken Ota is a Maui native with 30+ years in construction/water infrastructure; founded Pacific Pipe sold to Core & Main (CNM).
- Each new director receives $100,000 total compensation (cash retainer plus stock) in quarterly installments beginning March 31, 2024.
- Committees reconstituted; Ngo joins Audit, Ota joins Audit and Nominating/Governance committees.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/63330/000143774924000464/0001437749-24-000464-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/63330/000143774924000464/mlp20240103_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-000464

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer