---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-021005"
form_type: "8-K"
ticker: "ALCO"
cik: "0000003545"
company_name: "ALICO, INC."
filed_at: "2022-05-23T23:59:59+00:00"
generated_at: "2026-06-25T08:24:29.147368+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001564590-22-021005
- form_type: 8-K
- ticker: ALCO
- cik: 0000003545
- company_name: ALICO, INC.
- filed_at: 2022-05-23T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/3545/000156459022021005/0001564590-22-021005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/3545/000156459022021005/alco-8k_20220517.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-021005
- JSON: https://secwatch.observer/filing/0001564590-22-021005.json
- Plain text: https://secwatch.observer/filing/0001564590-22-021005.txt

## Key facts
- Executive change
  Richard Rallo resigned as Senior Vice President and Chief Financial Officer at ALICO, INC..
  - Action: resigned
  - Role: Senior Vice President and Chief Financial Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/3545/000156459022021005/0001564590-22-021005-index.htm

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