leadership
confidence high
sentiment neutral
materiality 0.50
Tejon Ranch appoints Robert Velasquez as interim CFO and Treasurer
TEJON RANCH CO
- Board unanimously appointed Robert D. Velasquez as interim CFO and Treasurer effective July 15, 2025.
- Velasquez will continue as SVP Finance, CAO, and Assistant Secretary; has over 25 years of experience.
- Compensation approved: $75,000 annualized bonus pro-rated for the interim role, paid per annual incentive program.
- Company plans a national search to fill CFO and Treasurer positions permanently, considering internal and external candidates.
- Prior CFO Brett Brown separated; departure not related to accounting disagreements.
item 5.02