Business
Alico, Inc. Appoints Perry Del Vecchio as Chief Financial Officer
FORT MYERS, Fla., Sept. 06, 2022 (GLOBE NEWSWIRE) -- Alico, Inc. (NASDAQ: ALCO, "Alico" or "the Company"), an agriculture and land management company, today
About this update from Alico, Inc.
[{"type":"text","content":"FORT MYERS, Fla., Sept. 06, 2022 (GLOBE NEWSWIRE) -- Alico, Inc. (NASDAQ: ALCO, \"Alico\" or \"the Company\"), an agriculture and land management company, today announced the hiring and appointment of Perry G. Del Vecchio as the Company’s Chief Financial Officer, effective as of September 6, 2022. Mr. Del Vecchio will be responsible for all corporate finance, treasury and accounting functions of the Company and will report directly to John Kiernan, the Company's President and Chief Executive Officer. \"We are very pleased to have Perry join Alico's senior leadership team as our CFO,\" said Mr. Kiernan. \"Perry’s background as a senior finance leader for a $6 billion division of a Fortune 500 company, combined with his broad financial and business experience, will leverage our efforts of increasing shareholder value. In the previous organizations he has served, he has proven to be a capable strategic partner to his fellow senior executives and has effectively used collaborative efforts in leading teams and departments. I will be counting on Perry’s expertise in providing financial analysis, modeling and decision support to help Alico maintain our leadership position within the Florida citrus industry. During his distinguished career, he has spent 25 years working in the Northeast and the past eight years here in Florida. I am excited to welcome him to our executive team.\"Mr. Del Vecchio most recently served as a Vice President and the Controller for Lexyl Travel Technologies in West Palm Beach, Florida. He spent the majority of his career in financial management positions within the Hertz organization. He earned his MBA degree from Montclair State University and earned CPA credentials while an auditor with Deloitte & Touche. About Alico Alico, Inc. primarily operates two divisions: Alico Citrus, one of the nation’s largest citrus producers, and Land Management and Other Operations, which include land leasing and related support operations. Learn more about Alico (Nasdaq: “ALCO”) at www.alicoinc.com. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs,...