Episode 360: Alexander & Baldwin CEO Says Right Time for Transition as REIT Nears Completion of Transformation

Nareit's REIT Report Podcast

English - June 01, 2023 00:00 - 15 minutes - 20.8 MB - ★★★★ - 34 ratings
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Previous Episode: Episode 359: Global Emerging Market Real Estate Fund Finds Opportunities from Rapid Urbanization Trends

Next Episode: Episode 361: Listed Real Estate Offers Investors Ready Access to Specialty Property Types

Chris Benjamin, CEO of Alexander & Baldwin, Inc. (NYSE: ALEX), was a guest on the latest episode of Nareit’s REIT Report podcast.

Benjamin, who will step down as CEO on June 30, reflected on his tenure at A&B, why supporting community organizations has played an important complement to his executive role, the transformation the company has undergone and its decision to convert to a REIT, changing the culture of A&B and its progress on DEI issues, and more.

Benjamin said that now is a good time for a transition in leadership, given that “we have nearly completed the significant transformation that we’ve gone through as a company.” The leadership change also coincides with Benjamin’s 60 th birthday, a point at which he is eager to pursue new interests. Lance Parker, currently A&B's president & COO, has been appointed president & CEO effective July 1.