Tejon Ranch Co. (NYSE:TRC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Dennis Atkinson, Senior Vice President, Agriculture and Water Resources, has notified the Company of his retirement from the Company effective June 30, 2017.
Mr. Atkinson has been with the Company more than 39 years, encompassing two separate employment periods, the most recent commencing June 30, 1998. Mr. Atkinson’s responsibilities will be handled by existing management personnel.
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About Tejon Ranch Co. (NYSE:TRC)
Tejon Ranch Co. is a diversified real estate development and agribusiness company. The Company operates through five business segments: commercial/industrial real estate development; resort/residential real estate development; mineral resources; farming, and ranch operations. Its commercial/industrial real estate development segment is engaged in building, land lease activities, and land and building sales. The resort/residential real estate development segment is involved in the land entitlement and development process. Within its resort/residential segment, the three active developments are MV, Centennial and Grapevine. Its mineral resources segment includes oil and gas royalty leases, rock and aggregate mining leases, a lease with National Cement and sales of water. The farming segment is engaged in the sale of wine grapes, almonds and pistachios. The Ranch Operations segment consists of grazing leases, game management, and other ancillary services supporting the ranch. Tejon Ranch Co. (NYSE:TRC) Recent Trading Information
Tejon Ranch Co. (NYSE:TRC) closed its last trading session up +0.61 at 21.79 with 212,162 shares trading hands.