LMNR - Limoneira Company

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Limoneira Company

1141 Cummings Road
Santa Paula, CA 93060
United States
805-525-5541
http://www.limoneira.com

SectorConsumer Defensive
IndustryFarm Products
Full Time Employees286

Key Executives

NameTitlePayExercisedYear Born
Mr. Harold S. EdwardsPres, CEO & Director753.92kN/A1966
Mr. Mark PalamountainCFO, Treasurer & Corp. Sec.465.1kN/A1976
Mr. Alex M. TeagueSr. VP519.56kN/A1964
Mr. Donald P. DelmatoffDirector of Compliance & Special ProjectsN/AN/A1949
Mr. John ChamberlainVP of MarketingN/AN/AN/A
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Limoneira Company operates as an agribusiness and real estate development company in the United States and internationally. The company operates in six segments: Fresh Lemons, Lemon Packing, Avocados, Other Agribusiness, Rental Operations, and Real Estate Development. It grows, processes, packs, markets, and sells lemons. The company also grows avocado; oranges; and specialty citrus and other crops, including Moro blood oranges, Cara Cara oranges, Minneola tangelos, Star Ruby grapefruit, pummelos, pistachios, and wine grapes. It has approximately 5,000 acres of lemons planted primarily in Ventura, Tulare, and San Bernardino Counties in California, as well in Yuma County, Arizona; 900 acres of avocados planted in Ventura County; 1,600 acres of oranges planted in Tulare County, California; and 1,000 acres of specialty citrus and other crops. In addition, the company rents residential housing units; commercial office buildings; and a multi-use facility comprising a retail convenience store, gas station, car wash, and quick-serve restaurant, as well as leases approximately 500 acres of its land to third-party agricultural tenants. Further, it is involved in organic recycling operations; and the development of land parcels, multi-family housing, and single-family homes. The company markets and sells its lemons directly to food service, wholesale, and retail customers; avocados to a packing and marketing company; oranges, specialty citrus, and other crops through Sunkist and other packinghouses; and wine grapes to wine producers. Limoneira Company was founded in 1893 and is headquartered in Santa Paula, California.

Corporate Governance

Limoneira Company’s ISS Governance QualityScore as of March 1, 2019 is 5. The pillar scores are Audit: 2; Board: 5; Shareholder Rights: 5; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.