Limoneira Company (NASDAQ:LMNR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
(d) On November 15, 2016, upon the recommendation of the Nominating and Corporate Governance Committee of the Board of Directors (the “Board) of Limoneira Company (the “Company”), the Board elected Elizabeth “Betsy” Blanchard Chess as a Class III director to fill the vacancy created by the retirement of John W. Blanchard. Ms. Chess has not yet been designated as a member of any of the committees of the Board. Ms. Chess will serve as a director until the Annual Meeting of Stockholders to be held in 2017.
Ms. Chess has been actively involved with the Santa Paula and Ventura County agriculture community and various Ventura and Santa Barbara Counties civic and non-profit organizations for many years. Ms. Chess currently works for the Museum of Ventura County as the Director of Development. In that capacity, she raises funds and maintains donor relations for the Museum. In the past, she served as the Executive Director of New West Symphony for which she handled management, fundraising, and community relations for five years. Ms. Chess has also had a long career of editing and publishing a quarterly magazine on central coast farming. Ms. Chess has Bachelor of Arts and Master of Arts degrees in history and European history, respectively from the University of Southern California. Ms. Chess’s extensive experience in, and knowledge of the Santa Paula and Ventura County community provides the Board with an important perspective in the areas of community relations and responsible use of the Company’s land resources.
The Board has determined that Ms. Chess qualifies as an independent director to the provisions of NASDAQ Rule 5605(a)(2).
About Limoneira Company (NASDAQ:LMNR)
Limoneira Company is an agribusiness and real estate development company. The Company’s operations consist of fruit production, sales and marketing, rental operations, real estate development and capital investment activities. The Company’s three business divisions are agribusiness, rental operations and real estate development. The Company’s agribusiness division consists of two segments, namely lemon operations and other agribusiness, and includes its farming, harvesting, lemon packing and lemon sales operations. The Company’s rental operations business division includes its residential and commercial rentals, leased land operations and organic recycling. The Company’s real estate development business division includes its real estate projects and development. The Company operates its packinghouses in Santa Paula, California and Yuma, Arizona. The Company’s water resources include water rights, usage rights and pumping rights to the water in aquifers. Limoneira Company (NASDAQ:LMNR) Recent Trading Information
Limoneira Company (NASDAQ:LMNR) closed its last trading session 00.00 at 19.70 with 55,625 shares trading hands.