CFO Richard Rallo resigns effective May 31, retained as consultant for up to 7 months

ALICO, INC.

Richard Rallo resigns as SVP and CFO effective May 31, 2022, for personal reasons (extensive travel/relocation).
Will serve as consultant starting June 1, 2022, for up to 7 months at $5,000/month, reporting to CEO.
Company has initiated a search for a new Chief Financial Officer.
Departure not related to any disagreement with company or its auditors on financial/accounting matters.
Consulting agreement includes confidentiality, intellectual property, and $5,000 monthly compensation.

item 5.02 item 9.01

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Departed

Richard Rallo

Senior Vice President and Chief Financial Officer

ALCO · ALICO, INC.

Effective: 2022-05-31
Filed: May 23, 2022, 7:59 PM ET

On May 17, 2022, Richard Rallo notified the Company of his decision to resign from his role as the Company’s Senior Vice President and Chief Financial Officer (Principal Financial and Accounting Officer) effective as of May 31, 2022.

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Executive change SEC 8-K Item 5.02 confidence 1.0

Richard Rallo resigned as Senior Vice President and Chief Financial Officer at ALICO, INC..

Action: resigned
Role: Senior Vice President and Chief Financial Officer

Exact text from the filing

On May 17, 2022, Richard Rallo notified the Company of his decision to resign from his role as the Company’s Senior Vice President and Chief Financial Officer (Principal Financial and Accounting Officer) effective as of May 31, 2022.

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ALICO, INC. filing history →

Source: SEC EDGAR

accession 0001564590-22-021005

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