Maui Land & Pineapple Company, Inc. (NYSE: MLP) 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 and Ken embody esteemed leadership and we are honored to add them to our diverse slate of Directors. We look forward to their thoughtful guidance as we chart the course for a future of growth,” said Race Randle, CEO of Maui Land & Pineapple Company. “Their expertise includes local and national best practices in areas ranging from finance to critical infrastructure, which will bring valuable insights as we maximize the utilization of our land and commercial assets. Our next steps aim to support community needs while delivering increased value to our stakeholders.”
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 (NYSE: CPF), and was previously Executive Vice Chair. Prior to that, she served as President and CEO of Central Pacific Bank for six years.
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. (NYSE: CNM), 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.