Business Context and Reporting Period
This Form 8-K Current Report was filed by Limoneira Company on August 22, 2017. The filing addresses corporate governance matters under Item 5.02 regarding the departure of a director.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial performance data.
Material Changes
The material change reported is the resignation of Ronald Michaelis from the Board of Directors. His resignation is effective October 31, 2017. The filing explicitly states that the resignation did not involve any disagreement with the Company, management, or the Board.
Outlook and Management Commentary
Management acknowledged Mr. Michaelis's 20-year tenure, thanking him for his insight, leadership, and direction. The Board is currently considering candidates to fill the vacancy created by his resignation. No financial guidance, risks, or contingencies were disclosed in this specific filing.
Key Facts for Investors
- Director Ronald Michaelis is resigning effective October 31, 2017.
- The resignation is voluntary and unrelated to any disagreement with the company.
- Mr. Michaelis served on the Board for 20 years.
- The Board is actively seeking a replacement to fill the vacancy.
- No financial data or operational metrics are included in this report.