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A&B Promotes Ito to Vice President, Controller and Asst. Treasurer.


HONOLULU -- Paul K. Ito has been promoted to vice president, controller and assistant treasurer for Alexander & Baldwin, Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
: ALEX), effective April 1, 2007. Ito previously was controller. He continues to report to A&B Senior Vice President, Chief Financial Officer and Treasurer Christopher J. Benjamin.

"We are very pleased to promote Paul to vice president," said Benjamin. "He has proven himself a highly qualified and valued member of our finance team, and his contributions have been significant, particularly in this time of increased compliance requirements. The board of directors of A&B has expressed its confidence in Paul's performance--past and future--with this promotion."

Ito joined A&B in April 2005 as director, internal audit and was promoted to controller a year later. Ito is a certified public accountant Certified Public Accountant (CPA)

An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state.
 (CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. ). Prior to joining A&B he worked for Deloitte & Touche, LLP in its San Francisco national office.

He earned a master's degree in professional accounting (MPA), with a concentration in managerial accounting, from the University of Texas at Austin “University of Texas” redirects here. For other system schools, see University of Texas System.
The University of Texas at Austin (often referred to as The University of Texas, UT Austin, UT, or Texas
, and a bachelor's degree in finance and marketing from the University of Hawaii (body, education) University of Hawaii - A University spread over 10 campuses on 4 islands throughout the state.

http://hawaii.edu/uhinfo.html.

See also Aloha, Aloha Net.
 at Manoa.

Alexander & Baldwin, Inc., headquartered in Honolulu, Hawaii is engaged in ocean transportation and intermodal services, through its subsidiaries, Matson Navigation Company Matson Navigation Company, a subsidiary of Alexander & Baldwin, is a private ocean transportation company with roots extending into the late 19th century. It is credited with introducing mass tourism to Hawaii with the opening of the Moana Hotel (now known as the Moana Surfrider Hotel) , Inc. and Matson Integrated Logistics, Inc.; in real estate, through A&B Properties, Inc.; and in food products, through Hawaiian Commercial & Sugar Company and Kauai Coffee Company, Inc. Additional information about A&B may be found at its web site: www.alexanderbaldwin.com.

Statements in this press release that are not historical facts are "forward-looking statements," within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995, that involve a number of risks and uncertainties that could cause actual results to differ materially from those contemplated by the relevant forward-looking statement. These forward-looking statements are not guarantees of future performance. This release should be read in conjunction with our Annual Report on Form 10-K and our other filings with the SEC through the date of this release, which identify important factors that could affect the forward-looking statements in this release.
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Publication:Business Wire
Date:Feb 23, 2007
Words:346
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