secwatch.observer — SEC 8-K summary
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Issuer:     ALICO, INC. (ALCO)
CIK:        0000003545
Form:       8-K
Filed at:   2022-05-23T23:59:59+00:00
Accession:  0001564590-22-021005
Event type: leadership
Sentiment:  negative
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/3545/000156459022021005/0001564590-22-021005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/3545/000156459022021005/alco-8k_20220517.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-021005

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