Calavo Growers Announces Changes to its Board of Directors
November 17 2021 - 4:05PM
Calavo Growers, Inc. (Nasdaq-GS: CVGW) (“Calavo” “Company”), a
global avocado-industry leader and provider of value-added fresh
food, today announced the appointment of Adriana G. Mendizabal to
its Board of Directors, effective December 1, 2021.
Mendizabal has a career spanning more than 30 years leading
successful business turnarounds and transformations and igniting
new businesses to achieve sustainable growth. She is Group
President for Stanley Black & Decker Latin America, a role she
has held since 2019. Prior to her current position, Mendizabal was
with Nature’s Sunshine Products from 2012 to 2019 where she was
Business Unit President and Global Chief Marketing &
Innovations Officer. Prior to that she held roles at Visa USA,
Herbalife, Johnson & Johnson, Kodak, PepsiCo-Mexico and Procter
& Gamble. She was named one of Mexico’s Top 10 most powerful
women in business by CNN’s Expansion Business Magazine.
Mendizabal served as an independent director and member of the
audit committee for the Bank of New York Mellon’s Mexico subsidiary
from 2008 to 2015. She currently is an executive member of the
Latino Corporate Directors Association. A graduate of Tecnologico
de Estudio Superiores de Monterrey-UEM, she holds a bachelor’s
degree in marketing and business.
“Calavo is extremely fortunate to have someone of Adriana
Mendizabal’s caliber and experience join our board of directors,”
said Steven Hollister, interim Chief Executive Officer of Calavo
Growers. “Her track record as a leader who drives shareholder value
will make her an integral member of our board and a valued advisor
to our leadership team.”
The company also announced that long-time director Scott Van Der
Kar has decided to retire from the board effective Jan. 3,
2022.
“Scott has been a key member of our board, and we appreciate his
many contributions that have guided Calavo over the years. On
behalf of the entire board, I want to thank Scott for his 27 years
of service and counsel.”
Following these changes, Calavo’s Board will comprise 11
directors, seven of whom qualify as independent directors under the
independence standards of The Nasdaq Stock Market.
About Calavo Growers, Inc.
Calavo Growers, Inc. is a global avocado-industry leader and
provider of value-added fresh food serving retail grocery,
foodservice, club stores, mass merchandisers, food distributors and
wholesalers worldwide. The Company’s Fresh segment procures and
markets fresh avocados and select other fresh produce, including
tomatoes and papayas. The Renaissance Food Group (RFG) segment
creates, markets and distributes a portfolio of healthy fresh
foods, including fresh-cut fruit, fresh-cut vegetables and prepared
foods. The Foods segment manufactures and distributes guacamole and
salsa. Founded in 1924, Calavo’s fresh food products are sold under
the respected Calavo brand name as well as Garden Highway, Chef
Essentials and several private label and store brands.
Contact: Financial Profiles, Inc.Julie Kegley, Senior Vice
President(310) 622-8246calavo@finprofiles.com
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