8-K
filed June 30, 2023, 7:59 PM ET
CIK 0001545654
leadership
confidence high
sentiment neutral
materiality 0.55
Alexander & Baldwin appoints Shelee Kimura and Lance Parker to board; CEO transition completed
Alexander & Baldwin, Inc.
- Michele Saito resigned from board effective June 27, 2023, to focus on family and community role.
- Shelee Kimura (CEO of Hawaiian Electric) elected to board effective July 1, 2023; receives 4,410 RSUs.
- Christopher Benjamin resigned as director effective June 30, 2023, as part of planned CEO transition.
- Lance Parker (incoming CEO as of July 1, 2023) elected to board, replacing Benjamin's seat.
- No disagreements cited for any departure; compensation committee assignment for Kimura.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Shelee Kimura was elected as Director at Alexander & Baldwin, Inc..
- Action
- elected
- Role
- Director
Exact text from the filing
On June 28, 2023, the Board of Directors of the Company elected Shelee Kimura as a member of the Board of Directors, effective as July 1, 2023.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Lance K. Parker was appointed as President and Chief Executive Officer at Alexander & Baldwin, Inc..
- Action
- appointed
- Role
- President and Chief Executive Officer
Exact text from the filing
Mr. Parker is currently the President and Chief Operating Officer of the Company and, as previously announced, will serve as President and Chief Executive Officer of the Company, effective as of July 1, 2023.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Michele K. Saito resigned as Director at Alexander & Baldwin, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
On June 27, 2023, Alexander & Baldwin, Inc. (the “Company”) received notification from Michele K. Saito, a member of the Company’s Board of Directors, that she was resigning from the Board of Directors, effective as of that date.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Christopher J. Benjamin resigned as Director at Alexander & Baldwin, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
On June 27, 2023, the Company received notification from Christopher J. Benjamin, a member of the Company’s Board of Directors, that he was resigning from the Board of Directors, effective as of June 30, 2023.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Lance K. Parker was elected as Director at Alexander & Baldwin, Inc..
- Action
- elected
- Role
- Director
Exact text from the filing
On June 28, 2023, the Board of Directors of the Company elected Lance K. Parker as a member of the Board of Directors, effective as July 1, 2023.
View on SEC.gov
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