Calavo Finance Chief Steps Down, Interim CFO Appointed

  • Consumer goods and farm products company Calavo Growers Inc CVGW has announced the departure of its Chief Financial Officer (CFO), Kevin Manion, effective July 16, 2021.
  • Manion will continue to work with the company through his employment term and thereafter as a consultant to ensure a smooth transition.
  • Calavo has engaged an executive search firm to identify candidates for the post of CFO.
  • “He played an integral role in developing and implementing our operational and financial strategy. We wish him well in his future endeavors,” said James E. Gibson, Chief Executive Officer.
  • Farha Aslam, a financial expert, serving on Calavo’s Board of Directors, will assume the CFO role on an interim basis.
  • Aslam is Founder and Managing Partner at Crescent House Capital, an investment and strategic advisory firm, and currently serves on Calavo’s audit, compensation, and sustainability committees of the Board.
  • Price action: CVGW shares closed lower by 1.61% at $64.67 on Wednesday.
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