Alico, Inc. Announces R. Greg Eisner Not to Stand for Re-Election to the Board of Directors
January 12, 2023 at 04:13 pm EST
Share
Alico, Inc. announced that on January 09, 2023, R. Greg Eisner informed the company that he will not stand for re-election to the Company's Board of Directors at the Company's 2023 annual meeting of shareholders, which is expected to take place on February 23, 2023. Mr. Eisner will continue to serve as a member of the Board until the 2023 Annual Meeting, when his current term as a director will expire. Mr. Eisner's decision not to stand for re-election to the Board was not a result of any disagreement with the Company but is related to a need to dedicate additional time and focus to his other business activities, which have grown considerably since the initiation of his Board affiliation in 2013.
Alico, Inc. is an agribusiness and land management company. The Company is engaged in the sale of its citrus products, providing services to citrus groves owned by third parties, and grazing and hunting leasing. Its segments include Alico Citrus and Land Management and Other Operations. Alico Citrus segment is engaged in planting, owning, cultivating and/or managing citrus groves to produce fruit for sale to fresh and processed citrus markets, including activities related to the purchase and resale of fruit and value-added services, which include contracting for the harvesting, marketing and hauling of citrus. Its Land Management and Other Operations segment includes activities related to native plant sales, grazing and hunting leasing, management and/or conservation of unimproved native pastureland and activities related to rock mining royalties and other insignificant lines of business. It owns over 73,000 acres of land and 90,000 acres of mineral rights throughout Florida.
ALICO, INC. 
