Limoneira Company (the “Company” or “Limoneira”) (NASDAQ: LMNR), a
leading agribusiness with prime agricultural land and operations, real
estate and water rights in California and Arizona, is saddened to
announce the death of Alan M. Teague, a civic-minded community leader in
Santa Paula, California, and a director and the Chairman of the Board of
the Company. Mr. Teague died on September 11, 2014 after suffering a
stroke at the age of 76.
Harold S. Edwards, President and Chief Executive Officer of the Company,
stated, “So much of Limoneira’s spirit and culture is attributable to
Alan Teague. He was relentlessly supportive of our management team and
took great comfort in the way the Company was operating and moving
forward. I know he was proud of all that Limoneira stands for today, and
I know that he was proud of all that we are doing. We each owe a huge
debt of gratitude to Alan Teague and I know that his spirit lives on
within Limoneira.”
Pursuant to the Company’s bylaws, the President of the Company, Harold
S. Edwards, will perform the duties of the Chairman of the Board until a
successor is appointed. The Board of Directors has begun the process to
identify qualified successors to the directorship and the Chairman of
the Board.
About Limoneira Company
Limoneira Company, a 120-year-old international agribusiness
headquartered in Santa Paula, California, has grown to become one of the
premier integrated agribusinesses in the world. Limoneira (pronounced lē
mon΄âra) is a dedicated sustainability company with approximately 10,600
acres of rich agricultural lands, real estate properties and water
rights in California and Arizona. The Company is a leading producer of
lemons, avocados, oranges, specialty citrus and other crops that are
enjoyed throughout the world. For more about Limoneira Company, visit www.limoneira.com.
Copyright Business Wire 2014