Maui Land & Pineapple Company, Inc. Common Stock (MLP)

KAPALUA, Hawai‘i , Sept. 10, 2025 (GLOBE NEWSWIRE) -- Maui Land & Pineapple Company, Inc. (NYSE: MLP), today announced that a comprehensive strategic review has been underway and a subcommittee of the Company’s board of directors was created to identify options for the potential sale or lease of the Company’s water source and infrastructure assets. This review and marketing of certain assets for sale began in early 2025.

Accomplished Hawai‘i business leaders, Catherine Ngo and Ken Ota appointed as Independent Directors

Hawaii-born and raised entrepreneur and philanthropist, Steve Case, announced a $1 million contribution to support communities affected by the wildfires on Maui. The donation is being made by the Grove Farm Foundation, the philanthropic arm of Case’s Kaua’i-based Grove Farm. In addition, Maui Land & Pineapple, where Case is the majority investor, has announced a series of steps, detailed below, to provide on island support, as well as a long-term commitment to assist in Maui’s rebuilding efforts.

Local real estate leader Race Randle named CEO and Scot Sellers appointed Chairman