Company Press Release
May 19, 2000
HONOLULU, HI -- Alexander & Baldwin, Inc. (A&B) (NASDAQ:ALEX) President and Chief Executive Officer W.
Allen Doane today announced the appointment of James S. Andrasick to the position of senior vice president, chief
financial officer and treasurer of the company. Andrasick, formerly president and chief operating officer of C.
Brewer and Company, Limited, will report to Doane and will oversee all financial matters of A&B and its subsidiaries
as well as direct the company's corporate development activity.
Andrasick started his career with Ford Motor Company in Dearborn, MI as a financial analyst. He then joined C.
Brewers parent company, IU International, in the corporate development department before moving to C. Brewer in
1974, where he held increasingly senior positions, including nine years as its chief financial officer before holding
the president and chief operating officer position.
``We are very pleased to have Jim join the A&B management team,'' said Doane. ``His expertise in financial
matters, his built-in knowledge of our businesses, and his enthusiasm to participate in the growth of A&B --
will be extremely valuable,'' Doane added.
Andrasick, 56, was born in Passaic, New Jersey and has lived in Hawaii for the past 22 years. He is a graduate
of the U. S. Coast Guard Academy where he received a B. S. in engineering; he went on to receive a Masters in Management
Science from the Massachusetts Institute of Technology. Andrasick serves as trustee of the U.S.Coast Guard Foundation.
Within the community, he is a director and past chairman of the board of the American Red Cross, Hawaii State Chapter.
Previously,he served on the boards of the Aloha United Way, Arthritis Foundation and Hawaii Maritime Center and
as chairman and trustee of the University of Hawaii Foundation.
Andrasick and his wife, Ginger, live in Honolulu. He has two grown sons, Chris and Greg; two grown stepsons, Matt
and Brian Simon; and a foster son, Satia Tor Wang.
Alexander & Baldwin, Inc. is a diversified corporation headquartered in Honolulu. A&Bs major lines of business
are ocean transportation (Matson Navigation Company, Inc.); property development and management (A&B Properties,
Inc.); and food products (Hawaiian Commercial and Sugar Company, Kauai Coffee Company). Additional information
about A&B may be found at its web site: www.alexanderbaldwin.com. Contact: John B. Kelley, Vice President,
(808) 525-8422, Linda Howe, (808) 525-6642.
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Contact:
Alexander & Baldwin, Inc.
John B. Kelley, 808/525-8422
Linda Howe, 808/525-6642