---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-018087"
form_type: "8-K"
ticker: "ALCO"
cik: "0000003545"
company_name: "ALICO, INC."
filed_at: "2022-09-06T23:59:59+00:00"
generated_at: "2026-06-23T15:52:24.041113+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-22-018087
- form_type: 8-K
- ticker: ALCO
- cik: 0000003545
- company_name: ALICO, INC.
- filed_at: 2022-09-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/3545/000095017022018087/0000950170-22-018087-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/3545/000095017022018087/alco-20220906.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-018087
- JSON: https://secwatch.observer/filing/0000950170-22-018087.json
- Plain text: https://secwatch.observer/filing/0000950170-22-018087.txt

## Key facts
- Executive change
  Perry G. Del Vecchio was appointed as Chief Financial Officer at ALICO, INC..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/3545/000095017022018087/0000950170-22-018087-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.