Alexander & Baldwin Announces the Demise of David Hulihee, Executive
August 06, 2019
Share
The death of David Hulihee in the month of July 2019 leaves vacant seats on Alexander & Baldwin and First Hawaiian Inc. subsidiary First Hawaiian Bank. Hulihee, who was chairman and president of the family-owned Royal Contracting Co. Ltd. in Honolulu, died July 22, 2019. Hulihee joined the board of Alexander & Baldwin in 2013, a month after A&B acquired Grace Pacific LLC. At the time, Hulihee had been CEO of the road-paving contractor since 2008 and was its chairman until the A&B acquisition. He stepped down from that role in 2015. Alexander & Baldwin doesn't intend to replace Hulihee on its board.
Alexander & Baldwin, Inc. (A&B) is a real estate investment trust (REIT). The Company is focused on owning, operating, and developing commercial real estate. The Company operate through two segments: Commercial Real Estate and Land Operations. The Commercial Real Estate segment functions as a vertically integrated real estate investment company with competencies in investments and acquisitions, including identifying opportunities and acquiring properties; construction and development, including designing and ground-up development of new properties and in-house leasing and property management. The Land Operations segment includes the Company's landholdings, assets, and liabilities that are subject to the Company's simplification and monetization effort. It owns, operates, and manages approximately 3.9 million square feet of commercial space in Hawai'i, including 22 retail centers, 13 industrial assets and four office properties, as well as 142 acres of ground leases.