Alexander & Baldwin CFO Departs, New CFO Appointed
Ticker: ALEX · Form: 8-K · Filed: Oct 3, 2025 · CIK: 1545654
Sentiment: neutral
Topics: executive-change, cfo, personnel
Related Tickers: ALEX
TL;DR
A&B's CFO is out, new CFO Brett Smith steps in with $425k salary.
AI Summary
Alexander & Baldwin, Inc. announced on October 3, 2025, the departure of its Chief Financial Officer, Christopher J. Benjamin, effective October 15, 2025. The company also announced the appointment of Brett L. Smith as the new CFO, effective October 15, 2025. Smith will receive an annual base salary of $425,000 and will be eligible for a discretionary annual bonus.
Why It Matters
A change in CFO can signal shifts in financial strategy or operational focus, impacting investor confidence and the company's financial reporting.
Risk Assessment
Risk Level: medium — Changes in key financial leadership can introduce uncertainty regarding future financial strategy and performance.
Key Numbers
- $425,000 — New CFO Salary (Annual base salary for incoming CFO Brett L. Smith.)
Key Players & Entities
- Alexander & Baldwin, Inc. (company) — Registrant
- Christopher J. Benjamin (person) — Departing Chief Financial Officer
- October 15, 2025 (date) — Effective date of CFO change
- Brett L. Smith (person) — Appointed Chief Financial Officer
- $425,000 (dollar_amount) — New CFO's annual base salary
FAQ
Who is the departing Chief Financial Officer of Alexander & Baldwin, Inc.?
Christopher J. Benjamin is the departing Chief Financial Officer.
When is the departure of Christopher J. Benjamin effective?
Christopher J. Benjamin's departure is effective October 15, 2025.
Who has been appointed as the new Chief Financial Officer?
Brett L. Smith has been appointed as the new Chief Financial Officer.
What is the annual base salary for the new CFO?
The annual base salary for the new CFO, Brett L. Smith, is $425,000.
What is the effective date for the new CFO's appointment?
The appointment of Brett L. Smith as CFO is effective October 15, 2025.
Filing Stats: 405 words · 2 min read · ~1 pages · Grade level 10.4 · Accepted 2025-10-03 16:09:49
Filing Documents
- alex-20251003.htm (8-K) — 24KB
- 0001545654-25-000029.txt ( ) — 136KB
- alex-20251003.xsd (EX-101.SCH) — 2KB
- alex-20251003_lab.xml (EX-101.LAB) — 21KB
- alex-20251003_pre.xml (EX-101.PRE) — 12KB
- alex-20251003_htm.xml (XML) — 3KB
From the Filing
alex-20251003 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 3, 2025 ALEXANDER & BALDWIN, INC. (Exact name of registrant as specified in its charter) Hawaii 001-35492 45-4849780 (State or other jurisdiction of incorporation or organization) (Commission File Number) (I.R.S. Employer Identification No.) P. O. Box 3440, Honolulu, Hawaii 96801 (Address of principal executive offices) (Zip Code) (808) 525-6611 (Registrant's telephone number, including area code) N/A (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.): Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, without par value ALEX New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 if this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 if this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On September 29, 2025, Meredith J. Ching, Executive Vice President, External Affairs, notified Alexander & Baldwin, Inc. of her decision to retire, effective as of December 31, 2025. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: October 3, 2025 ALEXANDER & BALDWIN, INC. /s/ Clayton K.Y. Chun Clayton K.Y. Chun Executive Vice President, Chief Financial Officer and Treasurer