PARKER RANCH INC. APPOINTS NEW BOARD MEMBERS

Parker Ranch Incorporated recently announced the appointment of James (Jimmy) S. Greenwell and William “Bill” Maris to the Parker Ranch, Inc. Board of Directors. They join other board members Michael W. Gibson, Warren H. Haruki, Robert L. Hind III, Timothy E. Johns, David H. McCoy (Board chairman), Brendan G. Moynahan, Randolph G. Moore, Herbert M. (Monty) Richards Jr., and Arthur C. Tokin.

Parker Ranch, Inc. is the for-profit corporation that owns and operates the assets of the cattle ranch, real property development activities and other operating entities of the ranch. It was formed in 1995 to manage the for-profit activities of Parker Ranch.

Since 1992 Greenwell has served as President of two family owned businesses; Palani Ranch Company and Lanihau Properties LLC. Palani Ranch Company is a cattle operation on the slopes of Hualalai that has been in the Greenwell family since1850, acquired originally by his great grandfather. Lanihau Properties LLC manages development lands and real estate in Kailua-Kona and in the growing urban core to the north of Kailua that is primarily commercial and industrial property.

Maris joined Parker Ranch in November 2008 as its Chief Financial Officer and was later appointed to serve as interim Chief Operating Officer. He will provide strategic planning leadership, long-range operating goals, strategies, plans, and policies. Maris has been a certified public accountant and has served in a variety of financial positions on the mainland and in Hawaii.

“We are so pleased that Jimmy and Bill have joined our Board of Directors,” said Chairman McCoy. “Jimmy’s knowledge of the cattle industry and its rich history in our islands through generations of his own family coupled with his respected business skills make him an ideal addition to the Parker Ranch Inc. board at this important time. We welcome Bill’s business acumen and know he will play a vital role on the board as well.”

Following his graduation from Hawaii Preparatory Academy, Greenwell earned a Bachelor’s of Science degree from Cornell University in Agricultural Economics. He soon returned to Hawaii and spent ten years with Alexander & Baldwin’s Properties Group eventually working his way up to Manager of Leasing and Property Management on Maui before joining the Greenwell family ranch and businesses in 1980.

Greenwell has served for more than ten years as the chairman of the Land Issues Committee for the Statewide Hawaii Cattlemen’s Council and is a past president of that organization. His deeply rooted community involvement also includes serving as an executive committee member and past president of Hawaii Leeward Planning Conference, director of the Kailua Village Business Improvement District, member of the Hawaii Cattle Producer’s Cooperative Association, member of Lambda Alpha International and a former member of the Board Of Governors and past president of the Hawaii Preparatory Academy’s Alumni Association. He is also a former member of the Board of Trustees for Maui’s Seabury Hall.

Maris holds a BS in Accounting, with honors, from the University of Oregon. His experience as a CFO includes both public and private corporations. Maris was most recently CFO at Cyanotech Corporation where he was recognized for significant contributions in taking hold of the company’s financial operations during a critical and challenging period.

Maris is a past member of the American Institute of Certified Public Accounts and the Oregon Society of CPAs. He has served as both a member and chair of various transportation and logistics government advisory committees. His primary background is in agricultural production accounting, finance and in transportation. Along with his wife Theresa, Maris is active with the Kawaihae Canoe Club and he works with a dedicated group of volunteers who assist with the monthly Twilight at Kalahuipua`a programs at Mauna Lani Resort.