Foodland CEO to step down from A&B board

Jenai S. Wall, chairman and CEO of Hawaii-based Foodland Super Market Ltd., plans to step down from the board of Alexander & Baldwin Inc., citing a potential for an increasing number of transactions between her company and the commercial real estate company.

In a letter dated Jan. 9, Wall told Alexander & Baldwin (NYSE: ALEX) Chairman Stan Kuriyama that she will not stand for re-election when her term expires at the 2019 annual meeting this spring, A&B disclosed in a filing with the U.S. Securities…