Sundar PichaiSundar Pichai earned $164M in 2023

Lance K. Parker is the President and CEO of Alexander & Baldwin, Inc., a major player in real estate in Hawaii since July 1, 2023. He brings a solid background in business management, having graduated with a degree in business...

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Lance K. Parker

CEO of Alexander & Baldwin

Education

Bachelor's degree in business administration from the University of Hawaii

Field of Expertise

Business & Management

Sector of Economy

Real Estate

Born

January 10, 1978 - 47 years ago

CEO of Alexander & Baldwin for

1 year 9 months (Jul 2023 - Present)

Previous Experience

President and Chief Operating Officer of Alexander & Baldwin, Inc.

Holdings

See how much did Lance K. Parker make over time.

Lance K. Parker has shown significant activity in his holdings with Alexander & Baldwin, reflecting his strong belief in the company’s potential. His insider trading activity peaked in 2022, where he seized opportunities amidst fluctuating stock values, reaching as high...

Mar 17, 2025

Insider Trading

See recent insider trades of Lance K. Parker.

ALEX

69,360 shares

ALEX

Feb 1, 2025

Received

ALEX

82,953 shares

ALEX

Feb 1, 2024

Received

ALEX

19,531 shares

ALEX

Jul 31, 2023

Received

ALEX

40,432 shares

ALEX

Feb 1, 2023

Received

ALEX

35,904 shares

ALEX

Jan 31, 2022

Received

ALEX

22,551 shares

ALEX

Feb 1, 2021

Received

ALEX

13,723 shares

ALEX

Feb 1, 2020

Received

ALEX

13,227 shares

ALEX

Jan 28, 2019

Received

ALEX

11,279 shares

ALEX

Jan 29, 2018

Received

ALEX

2,220 shares

ALEX

Jan 23, 2018

Received

Compensation History

See how much did Lance K. Parker make over time.

In 2023, Lance K. Parker received total compensation of approximately $337,967, reflecting his recent promotion to CEO. His package included a base salary of $675,000 and performance bonuses tied to specific company targets, highlighting how his pay is directly linked to A&B's success. Notably, he earned a bonus of $283,712 based on key performance metrics, demonstrating the company's aggressive pay-for-performance strategy. While he did not receive stock grants in 2023, his overall compensation reflects a strategic focus on cash incentives that align with shareholder interests. Prior to becoming CEO, Parker's role as President and COO laid the foundation for his comprehensive understanding of A&B’s operations, ensuring he is well-positioned to lead the company towards future growth and financial success.

Year

2023

Total Compensation

$1.04M

Salary

$675.00K

Board Justification

The compensation philosophy emphasizes pay for performance, aligning executive compensation with shareholder interests and company performance metrics.

Bonus

$283.71K

Board Justification

The bonus is based on performance metrics under the Performance Improvement Incentive Plan (PIIP) and Annual Incentive Plan (AIP) for the fiscal year 2023.

Other

$85.15K

Board Justification

This includes contributions to the A&B Individual Deferred Compensation and Profit Sharing Plan and other benefits.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock grants were vested in 2023 as the focus is on cash compensation and performance-based incentives.

Performance Metrics

The performance metrics for 2023 included Core FFO per diluted share, Same-Store NOI Growth, and individual goals.

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