Maui Land & Pineapple Company, Inc. announced the appointment of two new Independent Directors to its Board, effective January 1, 2024: Catherine Ngo, a seasoned leader at the intersection of finance, technology, and law; and Maui native Ken Ota, a successful local entrepreneur with over 30 years of experience in the construction industry and water infrastructure. Catherine Ngo is an expert in finance, technology, and law, with decades of experience in the public, private and nonprofit sectors. She currently serves as the Chair of Central Pacific Financial Corp, and was previously Executive Vice Chair.

Prior to that, she served as President and CEO of Central Pacific Bank for six years. Ngo was also a founding general partner of Startup Capital Ventures, an early-stage venture capital firm established in 2005. A graduate of the University of Virginia School of Law, Ngo started her career in private law practice for seven years, then joined Silicon Valley Bank (SVB) as Executive Vice President and General Counsel until 2005, where she also oversaw the operations and risk divisions of the company.

Ngo is actively involved in several prominent boards and committees including Queen?s Health Systems, Hawai'i Community Foundation, and Catholic Charities of Hawai'i. She also serves as a board member for Hawai'i Gas, chairs the Federal Reserve Bank Community Depository Institutions Advisory Council (FRB CDIAC) for the 12th District, and is a member of the National FRB CDIAC in Washington, D.C. Ken Ota has more than three decades of experience in the construction industry and has become a local expert in water-related infrastructure. Ota founded and led Pacific Pipe Company as President and CEO. In 2021, Pacific Pipe Company was acquired by Core and Main, Inc., one of the world?s leading distributors of water, wastewater, storm drainage and fire protection products, where Ota continues to serve as Hawai?i Area Director.

Ota is an active member of the Maui community and currently serves on the State of Hawai'i Licensing Board of Engineers, Architects, Surveyors, and Landscape Architects as well as the Alexander & Baldwin Sugar Museum. He is also a board member of the private equity and real estate company, Tradewind Capital. Ken graduated from the University of Hawai'i at Manoa with a bachelor?s degree in Business Finance.

With the addition of Ngo and Ota, Maui Land & Pineapple Company?s Board of Directors will be comprised of seven independent directors of diverse communities with versatile expertise. Effective January 1, 2024, the Board also confirmed the committees of the Board will be comprised as set forth below: Nominating and Governance Committee: Anthony P. Takitani, Chairperson, Ken Ota, Glyn F. Aeppel, and John Sabin as members. Audit Committee: Glyn F. Aeppel, Chairperson, Anthony P. Takitani, Ken Ota and A. Catherine Ngo as members.

Compensation Committee: John Sabin, Chairperson, R. Scot Sellers and Stephen M. Case as members.