Limoneira: director Sawyer resigns, Carbone appointed, CEO/CFO get retention bonuses

Limoneira CO

Director Robert M. Sawyer resigns effective Nov 1, 2022; no disagreement with company.
Barbara Carbone appointed to board Nov 1; joins Audit/Finance and Risk Management committees.
CEO Edwards eligible for 5% of asset-sale gains (capped $7.5M total); CFO Palamountain 3% (capped $4.5M).
Bonuses paid 50% cash, 50% restricted shares vesting 1 year; aligns with asset-light strategy through 2027.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Robert M. Sawyer

Director

LMNR · Limoneira CO

Effective: 2022-11-01
Successor: Barbara Carbone
Filed: October 27, 2022, 7:59 PM ET

On October 21, 2022, Robert M. Sawyer notified the Chairperson of the Board of Directors (the "Board") of Limoneira Company (the "Company") of his decision to resign, effective November 1, 2022, from his position as a member of the Board, creating a vacancy on the Board.

Appointed

Barbara Carbone

Director

LMNR · Limoneira CO

Effective: 2022-11-01
Filed: October 27, 2022, 7:59 PM ET

On October 26, 2022, the Board appointed Barbara Carbone to serve as a Class II director, effective November 1, 2022, filling the vacancy caused by Mr. Sawyer’s resignation.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Robert M. Sawyer resigned as Director at Limoneira CO.

Action: resigned
Role: Director

Exact text from the filing

On October 21, 2022, Robert M. Sawyer notified the Chairperson of the Board of Directors (the "Board") of Limoneira Company (the "Company") of his decision to resign, effective November 1, 2022, from his position as a member of the Board, creating a vacancy on the Board.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Barbara Carbone was appointed as Director at Limoneira CO.

Action: appointed
Role: Director

Exact text from the filing

On October 26, 2022, the Board appointed Barbara Carbone to serve as a Class II director, effective November 1, 2022, filling the vacancy caused by Mr. Sawyer’s resignation.

View on SEC.gov

Limoneira CO filing history →

Source: SEC EDGAR

accession 0001104659-22-111762

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.