8-K

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 29, 2013

ALEXANDER & BALDWIN, INC.

(Exact name of registrant as specified in its charter)

Hawaii	001-35492	45-4849780
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

822 Bishop Street, P. O. Box 3440

Honolulu, Hawaii 96801

(Address of principal executive office and zip code)

(808) 525-6611

(Registrant’s telephone number, including area code)

Not Applicable

(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.):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02.    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On October 29, 2013, the Board of Directors of Alexander & Baldwin, Inc. ("A&B" or the “Company”) elected David C. Hulihee as a member of the Board of Directors, effective as of that date. He was designated a Class II director and, pending re-nomination by the Board of Directors, will be considered for election at the 2014 Annual Meeting of Shareholders.

In addition to Mr. Hulihee’s relationship as Chief Executive Officer of Grace Pacific LLC, a wholly-owned subsidiary of A&B, the Company and Mr. Hulihee have the following business relationships:

• Grace Acquisition: As previously announced, the Company acquired GPC Holdings, Inc. ("Grace") as of October 1, 2013 under an Agreement and Plan of Merger between the Company, A&B II, LLC, Grace, Grace Pacific LLC and Mr. Hulihee ("Merger Agreement"). Mr. Hulihee (both individually and through affiliated entities or immediate family members) owned 38.7% of Grace and, as a result of the acquisition, received 38.7% of the $235 million acquisition price, which was paid in a combination of cash and Company stock. Mr. Hulihee also has entered into a lock-up agreement with the Company and generally may not offer to sell, pledge, or otherwise transfer or dispose of the Company stock acquired in the acquisition for six months following the acquisition. These relationships were described in a Form S-4 filed with the Securities and Exchange Commission, effective on August 21, 2013 ("S-4").

• Koko'oha Investments, Inc. Matters: Prior to the closing of the Grace acquisition, Koko'oha Investments, Inc. ("Koko'oha"), a wholly-owned Grace subsidiary engaged in the petroleum and retail gasoline businesses, was spun-off from Grace and was not acquired by A&B. Mr. Hulihee owns (both individually and through affiliated entities or immediate family members) approximately 38.7% of Koko'oha. Certain continuing obligations exist between the Company or Grace and Koko'oha that were described previously in the S-4, including tax-related obligations under a tax matters agreement entered into in connection with the spin-off. In addition, a subsidiary of Koko'oha has a commercial lease with a subsidiary of A&B. Gross rent paid year to date is $240,189 and the remaining aggregate net rent obligation under the lease, which term expires in October 2017, is $556,320.

A press release announcing the election of Mr. Hulihee was issued on November 1, 2013, a copy of which is attached as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

99.1 Press release dated November 1, 2013, announcing the election of David C. Hulihee to the Board of Directors of Alexander & Baldwin, Inc.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

ALEXANDER & BALDWIN, INC.

/s/Paul K. Ito______________

Paul K. Ito

Senior Vice President, Chief Financial Officer,

Treasurer and Controller

Dated:    November 1, 2013

EX-99.1

Contact: Suzy Hollinger 808.525.8422 shollinger@abinc.com

ALEXANDER & BALDWIN APPOINTS DAVID C. HULIHEE

TO ITS BOARD OF DIRECTORS

Honolulu (November 1, 2013) -- Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B or Company) today announced that Grace Pacific LLC (Grace) Chief Executive Officer David C. Hulihee has been appointed to the A&B board of directors, bringing with him extensive construction and development experience, and a long track record of outstanding service to the Hawaii community.

Since 2008, Hulihee has served as the chief executive officer and president of Grace and was its chairman of the board of directors until A&B’s acquisition of Grace on October 1, 2013. Hulihee is responsible for Grace’s strategic plans and programs, overall operations, and long-range planning. Hulihee also has a 42-year career in construction with Royal Contracting, Co., Ltd., one of Hawaii’s largest civil construction companies, and has been a partner in the development of various commercial projects in the state.

“We are very pleased to welcome David to A&B's board,” said Stanley M. Kuriyama, A&B chairman and chief executive officer. “His extensive experience in real estate construction and development, combined with his strategic leadership skills and deep and active commitment to the Hawaii community, will certainly benefit future board deliberations and make him an excellent fit for the A&B board. In addition, as a major shareholder of A&B, David’s interests will be well aligned with those of our shareholders. I look forward to working closely with David as we look for new opportunities to strengthen and grow the Company,” added Kuriyama.

Mr. Hulihee, age 65, serves on the board of directors of First Hawaiian Bank, the board of governors of Iolani School, the board of trustees of the Queen’s Health System, and was recently named a director of the Honolulu Board of Water Supply. Throughout his career he has served on numerous not-for-profit boards in Hawaii, such as the Bishop Museum, the Kalihi-Palama Health Center and HMSA. Mr. Hulihee is a graduate of Iolani School and Syracuse University, where he received a bachelor’s degree in accounting.

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ABOUT ALEXANDER & BALDWIN

Alexander & Baldwin, Inc. is a premier Hawaii company, with interests in real estate development, commercial real estate, agriculture, natural materials and infrastructure construction. With ownership of over 87,000 acres in Hawaii, A&B is the state’s fourth largest private landowner, and one of the state’s most active real estate investors. The Company manages a portfolio comprising eight million square feet of leasable space in Hawaii and the U.S. Mainland. It owns and operates the state’s only sugar plantation. A&B is also Hawaii’s largest natural materials and infrastructure construction company and asphalt paving contractor. Additional information about A&B may be found at www.alexanderbaldwin.com.

FORWARD-LOOKING STATEMENTS

Statements in this press release that are not historical facts are “forward-looking statements,” within the meaning of the Private Securities Litigation Reform Act of 1995, that involve a number of risks and uncertainties that could cause actual results to differ materially from those contemplated by the relevant forward-looking statement. These forward-looking statements are not guarantees of future performance. This release should be read in conjunction with pages 18-28 of Alexander & Baldwin, Inc.’s 2012 Form 10-K and other filings with the SEC through the date of this release, which identify important factors that could affect the forward-looking statements in this release. We do not undertake any obligation to update our forward-looking statements.

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