CALAVO GROWERS, INC (NASDAQ:CVGW) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
Effective January 6th, 2017, Kenneth J. Catchot will resign as President and Chief Operating Officer of Calavo Growers, Inc. (Calavo) and assume a senior management position with FreshRealm, LLC (FreshRealm), in which Calavo holds a 46% ownership interest. FreshRealm is a California-based company that provides an online marketplace and home delivery system offering consumers an assortment of premium meal choices.
Following Mr. Catchot’s resignation, Lecil E. Cole will serve as Calavo’s President in addition to continuing to serve as Calavo’s Chief Executive Officer and Chairman of the Board of Directors.
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About CALAVO GROWERS, INC (NASDAQ:CVGW)
Calavo Growers, Inc. is a provider of fresh food and operates in the avocado industry. The Company is engaged in marketing and distributing avocados, prepared avocados and other perishable foods. It operates through three segments: Fresh products, Calavo Foods and RFG. The Fresh products segment includes all operations that involve the distribution of avocados and other fresh produce products. The Calavo Foods segment represents all operations related to the purchase, manufacturing and distribution of prepared products, including guacamole, tortilla chips and salsa. The RFG segment represents all operations related to the manufacturing and distribution of fresh-cut fruit, ready-to-eat vegetables, recipe-ready vegetables and deli products. It delivers an array of fresh and prepared food products to food distributors, produce wholesalers, supermarkets, convenience stores, and restaurants. It procures avocados from California, Mexico and Peru. CALAVO GROWERS, INC (NASDAQ:CVGW) Recent Trading Information
CALAVO GROWERS, INC (NASDAQ:CVGW) closed its last trading session down -1.60 at 56.20 with 400,117 shares trading hands.
