Posted 04 May, 2022
CALAVO GROWERS INC appointed new CEO
CEO Change detected for ticker Nasdaq:CVGW in a 8-K filed on 04 May, 2022.
On May 3, 2022, Brian Kocher, Calavo's President and Chief Executive Officer was appointed as Chief Financial Officer on an interim basis.
Don't how to trade CEO change? Read Reasons for CEO Turnover and Effect on Stock Performance.
Overview of CALAVO GROWERS INC
Consumer Goods • Food Products
Calavo Growers, Inc. engages in the marketing and distribution of avocados, prepared avocado products, and other perishable foods. It operates through the Grown and Prepared segments. The Grown segment consists of fresh avocados, tomatoes, and papayas. The Prepared segment includes all other products including fresh-cut fruits and vegetables, ready-to-eat sandwiches, wraps, salads and snacks, guacamole, and salsa. The company was founded in 1924 and is headquartered in Santa Paula, CA.Market Cap
$508M
View Company Details
$508M
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On May 2, 2022, Mariela Matute gave notice of her resignation from her position as Chief Financial Officer of Calavo Growers, Inc. ("Calavo"). Ms. Matute will continue as an employee of Calavo through May 19, 2022 to assist with the transition. Her departure is not based on any disagreement with Calavo's accounting principles, practices or financial statement disclosures. On May 3, 2022, Brian Kocher, Calavo's President and Chief Executive Officer was appointed as Chief Financial Officer on an interim basis. In such role, he will also serve as the Company's principal accounting officer. Mr. Kocher's compensation is disclosed in the Company's proxy statement for its 2022 Annual Meeting of Shareholders filed with the Securities and Exchange Commission on February 28, 2022. Calavo has engaged an executive search firm to identify candidates for a permanent Chief Financial Officer.
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