Allen Doane Named A&B-Hawaii President.HONOLULU--(BUSINESS WIRE)--April 27, 1995--The board of directors of A&B-Hawaii, Inc. (ABHI)(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) today appointed W. Allen Doane president of the company, effective immediately. ABHI is one of the two principal subsidiaries of Alexander & Baldwin, Inc. (A&B). Doane, 47, has served as ABHI's executive vice president and chief operating officer Chief Operating Officer (COO)
The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. since he joined the company in April of 1991. He succeeds John C. Couch as ABHI president. Couch, who is chairman, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of A&B, will continue to serve as chairman and CEO of ABHI as well.
"Allen Doane has provided A&B-Hawaii's agribusiness and property development and management operations with energetic and imaginative leadership," said Couch. "And he has done it through a period of enormous challenge -- a slow economy, a time of great transition in Hawaii's sugar industry, the severe blow dealt to our various Kauai operations by Hurricane Iniki, and the problem of generating growth in property activity during a period of stagnation in the real estate markets. Allen has helped us meet these challenges; he has certainly earned this promotion."
Doane also serves as chairman of the board of directors of the Hawaiian Sugar Planters' Association Founded in 1895, the Hawaiian Sugar Planters' Association (HSPA) was an unincorporated, voluntary organization of sugar plantation owners in the Hawaiian Islands. Its objective was to promote the mutual benefits of its members and the development of the sugar industry in the and as a director of the Hawaiian Sugar & Transportation Cooperative. He is a member of the boards of the American Heart Association-Hawaii Affiliate, the Chamber of Commerce of Hawaii, the Hawaii Employers Council, and La Pietra-Hawaii School for Girls, and he serves on the executive committee of the Polynesian Cultural Center The Polynesian Cultural Center (PCC) is a living museum located in Lā'ie, on the northern part of Oʻahu, Hawaiʻi. board of directors. Before coming to ABHI, Doane was chief operating officer of The Shidler Group, a nationally prominent real estate investment/management firm which owns and manages office, retail and industrial properties. Prior to that, he was group vice president of IU International Corporation, former parent company of C. Brewer & Co., from 1985 to 1988. Doane joined C. Brewer in 1975, and in 1979 he was transferred to Philadelphia, IU's corporate headquarters. Doane is a graduate of Brigham Young University Brigham Young University, at Provo, Utah; Latter-Day Saints; coeducational; opened as an academy in 1875 and became a university in 1903. It is noted for its law and business schools. and holds a master's in business administration from Harvard Business School Harvard Business School, officially named the Harvard Business School: George F. Baker Foundation, and also known as HBS, is one of the graduate schools of Harvard University. . He served as an officer in the U.S. Navy for four years.
A&B is a diversified Hawaii-based company, founded as a partnership in 1870 and incorporated in 1900, whose principal subsidiaries are 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. (ocean transportation and marine container leasing) and ABHI (property development and management, and food products). (NASDAQ: ALEX)
CONTACT: Alexander & Baldwin, Inc.
John B. Kelley, 808/525-8422