Alico appoints Perry Del Vecchio as CFO effective Sept 6, 2022

ALICO, INC.

Perry Del Vecchio named CFO; reports to CEO John Kiernan.
Base salary of $240,000; eligible for annual bonus of 40% of base salary.
Sign-on bonus of $25,000 and equity grant of 747 restricted shares vesting Jan 1, 2024.
Severance: 25% of base salary if terminated without cause before Sept 30, 2023; 50% thereafter.
Del Vecchio previously VP/Controller at Lexyl Travel Technologies; 22 years at Hertz.

item 5.02 item 8.01 item 9.01

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Appointed

Perry G. Del Vecchio

Chief Financial Officer

ALCO · ALICO, INC.

Effective: 2022-09-06
Filed: September 6, 2022, 7:59 PM ET

On September 6, 2022 Alico, Inc. (“the Company”), announced the hiring and appointment of Perry G. Del Vecchio, age 55, as the Chief Financial Officer (Principal Financial and Accounting Officer) of the Company, effective as of September 6, 2022.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Perry G. Del Vecchio was appointed as Chief Financial Officer at ALICO, INC..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On September 6, 2022 Alico, Inc. (“the Company”), announced the hiring and appointment of Perry G. Del Vecchio, age 55, as the Chief Financial Officer (Principal Financial and Accounting Officer) of the Company, effective as of September 6, 2022.

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Source: SEC EDGAR

accession 0000950170-22-018087

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