home · filing · 0001558370-23-003740
8-K filed March 14, 2023, 7:59 PM ET
ticker CVGW
CIK 0001133470
leadership
confidence high
sentiment neutral
materiality 0.65
Calavo appoints Lecil Cole as President and CEO; Brian Kocher terminated without cause
CALAVO GROWERS INC
Lecil Cole (age 83) appointed President and CEO effective March 10, 2023; he previously served as Chairman/CEO until 2020.
Cole receives annual base salary of $64,480 (minimum wage for exempt employee) and option for 500,000 shares with price milestones of $50, $60, $70.
Brian Kocher terminated without cause on March 10, 2023; entitled to severance per employment agreement; resigned from board.
In fiscal 2022, Calavo purchased ~$14.7M of produce from entities affiliated with Cole; no purchases in fiscal 2023 to date.
Executive movements
Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements .
Effective 2023-03-10
Filed March 14, 2023, 7:59 PM ET
the Company determined to appoint Lecil Cole as the Company’s President and Chief Executive Officer, effective as of March 10, 2023.
Departed
Brian Kocher
Director
CVGW ·
CALAVO GROWERS INC
Effective 2023-03-14
Filed March 14, 2023, 7:59 PM ET
Mr. Kocher tendered his resignation from the Board of Directors on March 14, 2023.
Effective 2023-03-10
Successor Lecil Cole
Filed March 14, 2023, 7:59 PM ET
the Company informed Brian Kocher that his employment as President and Chief Executive Officer would be terminated without cause on March 10, 2023.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Lecil Cole was appointed as President and Chief Executive Officer at CALAVO GROWERS INC.
Action appointed
Role President and Chief Executive Officer
Exact text from the filing
the Company determined to appoint Lecil Cole as the Company’s President and Chief Executive Officer, effective as of March 10, 2023.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Brian Kocher resigned as Director at CALAVO GROWERS INC.
Action resigned
Role Director
Exact text from the filing
Mr. Kocher tendered his resignation from the Board of Directors on March 14, 2023.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Brian Kocher departed as President and Chief Executive Officer at CALAVO GROWERS INC.
Action terminated without cause
Role President and Chief Executive Officer
Exact text from the filing
the Company informed Brian Kocher that his employment as President and Chief Executive Officer would be terminated without cause on March 10, 2023.
View on SEC.gov
Source: SEC EDGAR
accession 0001558370-23-003740
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