Calavo Growers Files 8-K: Board & Compensation Changes
Ticker: CVGW · Form: 8-K · Filed: Nov 22, 2024 · CIK: 1133470
Sentiment: neutral
Topics: corporate-governance, executive-compensation, filing
Related Tickers: CVGW
TL;DR
Calavo Growers (CVGW) filed an 8-K on Nov 22, 2024, detailing board changes and executive pay. Watch for impacts.
AI Summary
Calavo Growers, Inc. filed an 8-K on November 22, 2024, reporting changes in its board of directors and executive compensation arrangements. The filing also includes financial statements and exhibits, indicating potential shifts in corporate governance and financial reporting for the company.
Why It Matters
Changes in board composition and executive compensation can signal strategic shifts or governance adjustments that may impact the company's future performance and investor confidence.
Risk Assessment
Risk Level: medium — Changes in board and executive compensation can introduce uncertainty and signal potential strategic shifts, warranting closer investor scrutiny.
Key Players & Entities
- Calavo Growers, Inc. (company) — Registrant
- November 22, 2024 (date) — Filing Date
FAQ
What specific changes were made to the board of directors?
The filing indicates 'Departure of Directors or Certain Officers; Election of Directors,' suggesting changes in board membership, though specific names are not detailed in the provided text.
What is the nature of the changes in compensatory arrangements?
The filing mentions 'Compensatory Arrangements of Certain Officers,' indicating updates or new agreements related to executive pay, but the specifics are not elaborated in this excerpt.
What other items are included in this 8-K filing?
Besides director and officer changes, the filing also includes 'Regulation FD Disclosure' and 'Financial Statements and Exhibits'.
When was this 8-K filing submitted?
The filing was submitted on November 22, 2024.
What is Calavo Growers' principal executive office address?
The principal executive offices are located at 1141-A Cummings Road, Santa Paula, California 93060.
Filing Stats: 856 words · 3 min read · ~3 pages · Grade level 11.1 · Accepted 2024-11-22 14:30:13
Key Financial Figures
- $430,000 — r will be paid an annual base salary of $430,000 and will be eligible for an annual bonu
Filing Documents
- cvgw-20241122x8k.htm (8-K) — 36KB
- cvgw-20241122xex99d1.htm (EX-99.1) — 13KB
- cvgw-20241122xex99d1001.jpg (GRAPHIC) — 8KB
- 0001558370-24-015915.txt ( ) — 178KB
- cvgw-20241122.xsd (EX-101.SCH) — 3KB
- cvgw-20241122_lab.xml (EX-101.LAB) — 15KB
- cvgw-20241122_pre.xml (EX-101.PRE) — 10KB
- cvgw-20241122x8k_htm.xml (XML) — 5KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On November 15, 2024, Calavo issued a press release announcing the expected appointment of Mr. Snyder. A copy of the press release is furnished as Exhibit 99.1 hereto and incorporated herein by reference. In accordance with General Instruction B.2 of Form 8 - K, Exhibit 99.1 is being furnished and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the " Exchange Act "), or otherwise subject to the liabilities of that section, and shall not be deemed to be incorporated by reference into any of Calavo's filings under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof and regardless of any general incorporation language in such filings, except to the extent expressly set forth by specific reference in such a filing.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits 99.1 Press Release dated November 15, 2024 104 Cover Page Interactive Data File (formatted as inline XBRL). 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Calavo Growers, Inc. November 22, 2024 By: /s/ Lecil Cole Name: Lecil Cole Title: President and Chief Executive Officer (Principal Executive Officer) 3