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...
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 administration from the University of Hawaii. Before taking on the CEO role, Parker held several key positions within the company, which gave him a deep understanding of its operations. In 2023, under his leadership, the company achieved significant financial targets, reflecting a strong performance that included a healthy growth in Same-Store Net Operating Income. Parker is known for his focus on sustainability and community engagement, essential values for A&B. His compensation package for 2023 includes a base salary of $675,000 and a performance bonus of around $283,712, indicating the company's commitment to paying for results. Notably, his expertise in aligning business strategies with investor interests is helping A&B navigate a competitive landscape while maintaining strong community ties. Parker is also actively involved in driving the company’s environmental responsibility initiatives, emphasizing the importance of good governance and stakeholder engagement, which are crucial for the company’s long-term success.