Limoneira COO Alex Teague to retire Feb 1; COO role eliminated; $431,600 severance

Limoneira CO

COO Alex Teague retires effective Feb 1, 2022; COO position eliminated; duties reassigned to other executives.
Severance includes $431,600 lump sum, vesting of 23,999 shares, retention of company vehicle and devices.
Consulting agreement with Teague’s firm at $225/hour for Windfall Farms, South America, Global Sourcing.

item 5.02 item 9.01

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Departed

Alex M. Teague

Senior Vice President and Chief Operating Officer

LMNR · Limoneira CO

Effective: 2022-02-01
Filed: January 14, 2022, 6:59 PM ET

On January 10, 2022, the Board of Directors and management of Limoneira Company (the “Company”) were notified of Alex M. Teague’s decision to retire as Senior Vice President and Chief Operating Officer of the Company, effective as of February 1, 2022.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Alex M. Teague departed as Senior Vice President and Chief Operating Officer at Limoneira CO.

Action: retire
Role: Senior Vice President and Chief Operating Officer

Exact text from the filing

On January 10, 2022, the Board of Directors and management of Limoneira Company (the “Company”) were notified of Alex M. Teague’s decision to retire as Senior Vice President and Chief Operating Officer of the Company, effective as of February 1, 2022.

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Limoneira CO filing history →

Source: SEC EDGAR

accession 0001104659-22-004238

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