---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-076651"
form_type: "8-K"
ticker: "TRC"
cik: "0000096869"
company_name: "TEJON RANCH CO"
filed_at: "2024-03-26T23:59:59+00:00"
generated_at: "2026-06-04T08:17:47.708224+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Tejon Ranch CEO Bielli to retire Dec 31, 2024; will remain as director and senior advisor

## Summary
- Gregory Bielli, President and CEO since 2013, intends to retire on December 31, 2024.
- Bielli will continue to serve on the Board after retirement and provide consulting services through 2025.
- Consulting Agreement pays $85,000 per month for a one-year term starting January 1, 2025.
- Board formed ad hoc search committee (Norm Metcalfe, Michael Winer, Steve Betts, Bielli) and retained Korn Ferry.
- Press release highlights accomplishments: entitlements, 5.5M sq ft industrial/commercial, Outlets at Tejon, first residential project.

## SEC filing metadata
- accession: 0001193125-24-076651
- form_type: 8-K
- ticker: TRC
- cik: 0000096869
- company_name: TEJON RANCH CO
- filed_at: 2024-03-26T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/96869/000119312524076651/0001193125-24-076651-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/96869/000119312524076651/d796643d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-076651
- JSON: https://secwatch.observer/filing/0001193125-24-076651.json
- Plain text: https://secwatch.observer/filing/0001193125-24-076651.txt

## Key facts
- Executive change
  Gregory Bielli departed as President and Chief Executive Officer at TEJON RANCH CO.
  - Action: announced intent to retire
  - Role: President and Chief Executive Officer
  source text: On March 20, 2024, Mr. Gregory Bielli, President and Chief Executive Officer (“CEO”) of Tejon Ranch Company (“Company”), announced his intent to retire on December 31, 2024 (“Retirement Date”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/96869/000119312524076651/0001193125-24-076651-index.htm

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