Calavo Growers, Inc. Appoints Brian W. Kocher President and CEO
22 December 2021 - 11:15PM
Calavo Growers, Inc.
(Nasdaq-GS: CVGW), a global
avocado-industry leader and provider of value-added fresh food,
today announced it has appointed Brian W. Kocher as President and
Chief Executive Officer of the company effective Feb. 1, 2022.
“After conducting a thorough search, including interviews with
several well qualified candidates, Brian Kocher was the clear
choice of our Board of Directors to become the next President and
Chief Executive Officer of Calavo Growers,” said Calavo Chairman J.
Link Leavens. “Brian’s deep knowledge, expertise and operational
leadership in the fresh produce industry as a CEO, COO and CFO make
him uniquely qualified to lead Calavo forward and position our
company for growth. We are delighted to welcome Brian to our
talented team.”
"I am thrilled and privileged to join and lead Calavo
for its next phase of growth and transformation,” Mr. Kocher said.
“I'm excited about the actions and initiatives that are in place
and look forward to accelerating the impact of those initiatives
while capitalizing on consumer trends that support Calavo's growth.
Most importantly, I am honored to join a team focused on the
success of our customers and each other."
Prior to joining Calavo, Mr. Kocher served as the President and
Chief Executive Officer of the Castellini Group of Companies, one
of the largest distributors of fresh produce in the United States.
Before his time at Castellini, Mr. Kocher held several executive
roles, including Chief Financial Officer, Chief Operating Officer
and Interim CEO, at Chiquita Brands International, a leading
producer and distributor of bananas and other produce.
Mr. Kocher will succeed Steve Hollister, who has served as
Calavo’s Interim CEO since September. Mr. Hollister will return to
serving as an independent member of the Board of Directors on Feb.
1.
“I am honored to have led Calavo as Interim CEO during this
important time for the company and would like to thank all of our
employees for their dedication and commitment,” Hollister said.
“Along with the Board of Directors, I strongly believe the future
of Calavo will be in great hands under the leadership of Brian
Kocher.”
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
Calavo Growers (NASDAQ:CVGW)
Historical Stock Chart
From Apr 2024 to May 2024
Calavo Growers (NASDAQ:CVGW)
Historical Stock Chart
From May 2023 to May 2024