By Wendy Osher
Alexander & Baldwin, Inc. today announced the appointment of George M. Morvis Jr. to the position of vice president, corporate development of the A&B Land Group.
Morvis will oversee corporate development activities of the Land Group, ranging from organic growth initiatives to potential business acquisitions and joint ventures.
Morvis recently served as a consultant to the company, and previously worked for A&B in 1993, serving as a manager with investor relations and financial communications.
Over the last year, Morvis was credited with spearheading two key transactions for A&B. This included the company’s partnership with multi-national coffee company Massimo Zanetti Beverage, and an agreement with Kaua’i Island Utility Cooperative (KIUC) to build a 6 MW utility-scale solar photo-voltaic (PV) facility on Kauai.
“We are very pleased to welcome George back to A&B on a full-time basis,” said Christopher J. Benjamin, president of the A&B Land Group. He added, “The corporate development function within the Land Group will complement our robust real estate acquisition, development and investment capabilities at A&B Properties to drive shareholder value creation going forward.”
Morvis returns to A&B after eighteen years as managing director of Financial Shares Corporation, a boutique consulting firm. While there, he headed the strategy consulting practice and managed the firm’s Hawaii office.
Morvis started his career at First Hawaiian Bank after earning a master’s degree in management from Northwestern University’s Kellogg Graduate School of Management and a bachelor’s degree in finance from the University of Illinois.
Morvis’ appointment took effect on January 3.
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