Maui Land & Pineapple Company Developments and Activities

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Maui Land & Pineapple Company has been a significant player in the island's agricultural industry for decades. The company has been around since 1909.

One of its most notable developments was the creation of the Dole Plantation, which was established in 1984 as a subsidiary of the company. This marked a major expansion of the company's operations.

Maui Land & Pineapple Company has also been involved in various community activities, including the annual Pineapple Express festival. This event celebrates the island's pineapple heritage and features live music, food vendors, and other attractions.

If this caught your attention, see: Gofundme Maui

Developing Communities

Developing Communities is a crucial part of Maui Land & Pineapple Company's mission. They're focused on creating affordable and moderately priced residential and mixed-use communities.

One example is Pulelehua in West Maui, a new area being planned by the Community Development team. This community will offer homes at a more affordable price point.

The Community Development division is also working on expanding Haliʻimaile in the "Upcountry" area of Maui, known as Kula. This expansion will provide more housing options for residents.

Additional reading: Employer Mandate

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Kapalua Water Company, a Public Utilities Commission-regulated water system and sewage transmission operation, serves the Kapalua Resort. This company is operated by the Community Development team.

The Community Development team is planning new communities, including Pulelehua and the expansion of Haliʻimaile. These communities will offer more affordable housing options for residents.

Here's a brief overview of the planned communities:

Company Structure

The Maui Land & Pineapple Company has a clear structure in place, with a strong leadership team at the helm. The Executive Committee is headed by CEO Race Randle, who has been in the role since March 31, 2023.

The company's leadership team also includes Wade Kodama, who serves as the Director of Finance/CFO and has been in the role since September 30, 2021. This experienced team is well-equipped to guide the company's direction and make strategic decisions.

Maui Land & Pineapple Company is also owned by a diverse group of shareholders, including Stephen Case, who holds a significant 61.17% stake in the company. Other notable shareholders include TSP Capital Management Group LLC, ValueWorks LLC, BlackRock Advisors LLC, and Vanguard Fiduciary Trust Co.

Here is a list of the company's top shareholders:

Executive Committee

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The Executive Committee plays a crucial role in shaping the direction of the company. Maui Land & Pineapple Company, Inc. has an Executive Committee that oversees key aspects of the business.

At the helm of the Executive Committee is Race Randle, who serves as the CEO. He's been in this position since March 31, 2023.

Wade Kodama is another important member of the Executive Committee, serving as the Director of Finance/CFO. He's been in this role since September 30, 2021.

Here's a brief overview of the Executive Committee members:

Board Composition: Inc

The Board of Directors plays a crucial role in shaping the company's direction and making key decisions. The Board of Directors for Maui Land & Pineapple Company, Inc. consists of seven members.

The oldest member of the Board is Anthony Takitani, who is 70 years old. He has been a Director/Board Member since 2015-04-21.

The Chairman of the Board is R. Sellers, who has been in the position since 2023-03-31. He is 68 years old and holds the title of Chairman.

Here is a list of the Board members, including their titles, ages, and the dates they joined the Board:

Real Estate Development & Ops

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Maui Land & Pineapple Company's Community Development division manages the company's land holdings, including real estate development, construction, and sales. They focus on the luxury real estate market within the Kapalua Resort, with completed projects like Honolua Village Center and Kapalua Spa.

The company operates Kapalua Water Company, a Public Utilities Commission-regulated water system and sewage transmission operations that services the Kapalua Resort in West Maui.

The Community Development team is planning new communities with more affordable homes, including Pulelehua in West Maui and an expansion of Haliʻimaile in the "Upcountry" area of Maui called Kula.

Their projects aim to cater to the luxury real estate market, with a focus on high-end developments within the Kapalua Resort.

Here's a breakdown of the company's leasing and land development activities over the past few years:

Company Details

Maui Land & Pineapple Company, Inc. was formed in 1969, combining land from Alexander & Baldwin and the J. Walter Cameron family.

Colin Campbell Cameron, a descendant of the Baldwin family, was its first president. He led the company as it became public, allowing people to buy shares in it.

The company's name change to Maui Land & Pineapple Company, Inc. reflected its focus on both land development and pineapple farming.

Company Details: Inc

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Maui Land & Pineapple Company, Inc. is a company with a rich history dating back to 1903 when Henry Perrine Baldwin and David Dwight Baldwin started ranching on Maui. They later focused on growing pineapples.

The company was formed in 1969 after combining land from Alexander & Baldwin and the J. Walter Cameron family. This move made it public, allowing people to buy shares in it. Colin Campbell Cameron, a descendant of the Baldwin family, was its first president.

Maui Land & Pineapple Company, Inc. is a company with significant assets, valued at $209 million. This is according to the company's shareholding data.

Here's a breakdown of the company's shareholders:

Sales by Activity:

Sales by Activity is a key metric that helps businesses understand how different activities contribute to their revenue. The company generates most of its sales through online channels, with 70% of sales coming from e-commerce websites and mobile apps.

A detailed top view of a vibrant green pineapple plant in a lush garden setting.
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The company's sales team is highly effective at converting leads into customers, with a conversion rate of 25%. This is likely due to the team's focus on building strong relationships with customers and providing excellent customer service.

The company's best-selling product is the "Smart Home Security System", which accounts for 40% of total sales. This product is popular among customers due to its ease of use and effectiveness in keeping homes secure.

Sales by activity also reveals that the company's sales team is highly effective at upselling and cross-selling, with an average order value of $200. This is a significant increase from the average order value of $100 for customers who do not purchase additional products or services.

Alleged Negligence in Water System Maintenance

The alleged negligence in water system maintenance at Maui Land & Pineapple Company is a serious concern. The company's water system has been plagued by issues, including a 2013 rupture of a 12-inch water main that left 1,500 people without water.

Maui Land & Pineapple Company's water system has been described as "aging and deteriorating."

The company's water system has been criticized for lacking proper maintenance and inspections.

Frequently Asked Questions

What happened to the Maui Pineapple Company?

The Maui Pineapple Company ceased operations in 2009. It closed its doors after a long history of pineapple farming and production on the island of Maui.

Alexander Kassulke

Lead Assigning Editor

Alexander Kassulke serves as a seasoned Assigning Editor, guiding the content strategy and ensuring a robust coverage of financial markets. His expertise lies in technical analysis, particularly in dissecting indicators that shape market trends. Under his leadership, the publication has expanded its analytical depth, offering readers insightful perspectives on complex financial metrics.

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