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David C. Cole

From dKosopedia

David C. Cole, is President and Chief Executive Officer of Maui Land and Pineapple Co. Company, Inc. since October 2003 and Chairman of the Board since March 2004.

From an article in BusinessWeek Online dated March 31, 2005:

At Maui Land, Stephen M. Case and Cole started by retrofitting the pineapple business, increasingly battered by low-cost fruits from Asia and the Caribbean. Now, MLP is shifting its production to higher-price organic pineapples, skirting commodity markets by targeting the upscale, health-conscious consumer. Pineapples still account for half the outfit's 2004 operating revenues.
But the biggest challenge has been overhauling Maui Land's Kapalua Resort, which has lost the luster of its glory days. Instead of turning the old Kapalua Bay Hotel into condos, as many other developers are doing with excess properties, Maui Land and partners Marriott International (MAR ) and Case's Exclusive Resorts vacation club are investing $300 million to build a new hotel in its place.
...Instead of 3,000 acres devoted to the resort, as before, they're allocating 23,000 -- or 80% of Maui Land's property -- most of which will be a nature preserve of dramatic cliffs, valleys, and beach connected by 100 miles of trails. "We're anticipating what visitors of the next generation are looking for," says Cole. "We will derive value through the scarcity of development." [1]

Active in conservation and early childhood education, Cole is a director of PBS, Island Press, Sesame Workshop, and the American Farmland Trust. He is a former director of the Nature Conservancy and the World Wildlife Fund. [2]

Executive Positions


External Links

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This page was last modified 18:33, 5 September 2006 by dKosopedia user Jbet777. Based on work by dKosopedia user(s) Allamakee Democrat. Content is available under the terms of the GNU Free Documentation License.

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