Calavo Growers, Inc. Announces Board Member’s Retirement
January 06 2022 - 4:05PM
Calavo Growers, Inc.
(Nasdaq-GS: CVGW), a global
avocado-industry leader and provider of value-added fresh food,
today announced that Harold S. Edwards, a member of the Board of
Directors since 2006, has decided to retire from the board
effective Feb. 1, 2022, to devote more time to his duties as CEO of
Limoneira Company.
“We appreciate Harold and his 16 years of service to Calavo and
to the board. His contributions have been invaluable,” said Calavo
Chairman J. Link Leavens. “Harold’s retirement will bring the size
of our board to 10 members, down from a high of 13, which is more
in line with a company of our size.”
Steve Hollister, Interim CEO and a member of the Board of
Directors, said, “Calavo’s relationship with Limoneira as one of
our valued suppliers remains strong, and we look forward to our
continued work with Harold in his capacity as Limoneira’s CEO.”
About Calavo Growers, Inc.Calavo Growers, Inc.
is a global avocado-industry leader and provider of value-added
fresh food serving retail grocery, foodservice, club stores, mass
merchandisers, food distributors and wholesalers worldwide. The
Company’s Fresh segment procures and markets fresh avocados and
select other fresh produce, including tomatoes and papayas. The
Renaissance Food Group (RFG) segment creates, markets and
distributes a portfolio of healthy, fresh foods, including
fresh-cut fruit, fresh-cut vegetables and prepared foods. The Foods
segment manufactures and distributes guacamole and salsa. Founded
in 1924, Calavo’s fresh food products are sold under the respected
Calavo brand name as well as Garden Highway, Chef Essentials and a
variety of private label and store brands.
Safe Harbor Statement This press release
contains statements relating to future events and results of Calavo
that are "forward-looking statements," as defined in the Private
Securities Litigation Reform Act of 1995, that involve risks,
uncertainties and assumptions. These statements are based on our
current expectations and are not promises or guarantees. If any of
the risks or uncertainties ever materialize or the assumptions
prove incorrect, the results of Calavo may differ materially from
those expressed or implied by such forward-looking statements and
assumptions. The use of words such as "anticipates," "estimates,"
"expects," "projects," "intends," "plans" and "believes," among
others, generally identify forward-looking statements.
For a discussion of the risks and uncertainties that we face,
please see the risk factors described in our most recent Annual
Report on Form 10-K filed with the Securities and Exchange
Commission and any subsequent updates that may be contained in our
Quarterly Reports on Form 10-Q and other filings with the
Securities and Exchange Commission. Forward-looking statements
contained in this press release are made only as of the date of
this press release, and we undertake no obligation to update or
revise the forward-looking statements, whether as a result of new
information, future events or otherwise.
Investor Contact:Financial Profiles, Inc.Julie Kegley, Senior
Vice President310-622-8246calavo@finprofiles.com
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