TRC - Tejon Ranch Co.

NYSE - NYSE Delayed Price. Currency in USD

Tejon Ranch Co.

4436 Lebec Road
Lebec, CA 93243
United States
661-248-3000
http://tejonranch.com

SectorIndustrials
IndustryConglomerates
Full Time Employees122

Key Executives

NameTitlePayExercisedYear Born
Mr. Gregory S. BielliPres, CEO & Director1.5MN/A1961
Mr. Allen E. LydaExec. VP, COO, Corp. Treasurer & Assistant Sec.706.37kN/A1958
Mr. Michael R. W. HoustonSr. VP & Gen. Counsel481.39kN/A1975
Mr. Hugh F. McMahon IVExec. VP of Real Estate503.42kN/A1967
Mr. Joseph N. RentfroExec. VP of Real Estate444.31kN/A1969
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

Tejon Ranch Co. operates as a diversified real estate development and agribusiness company. It operates through five segments: Commercial/Industrial Real Estate Development, Resort/Residential Real Estate Development, Mineral Resources, Farming, and Ranch Operations. The Commercial/Industrial Real Estate Development segment engages in the entitling, planning, and permitting of land for development; construction of infrastructure; construction of pre-leased buildings, and buildings to be leased or sold; and sale of land to third parties for their own development. It is also involved in the activities related to communications leases, and landscape maintenance. This segment leases land to 2 auto service stations with convenience stores, 13 fast-food operations, 2 full-service restaurants, a motel, an antique shop, and a post office; various microwave repeater locations, radio and cellular transmitter sites, and fiber optic cable routes; and 32 acres of land for an electric power plant. The Resort/Residential Real Estate Development segment engages in the land entitlement, land planning and pre-construction engineering, land stewardship, and conservation activities. The Mineral Resources segment includes oil and gas royalties, rock and aggregate royalties, and royalties from a cement operation leased to National Cement Company of California, Inc.; and the management of water assets and water infrastructure. The Farming segment farms permanent crops, including wine grapes in 1,197 acres, almonds in 1,966 acres, and pistachios in 1,062 acres. It also manages the farming of alfalfa and forage mix on 775 acres in the Antelope Valley; and leases 1,000 acres of land for growing vegetables, as well as permanent crops. The Ranch Operations segment offers game management and ancillary land services comprising grazing leases and filming, as well as various guided hunts. The company was founded in 1843 and is headquartered in Lebec, California.

Corporate Governance

Tejon Ranch Co.’s ISS Governance QualityScore as of July 29, 2019 is 6. The pillar scores are Audit: 2; Board: 6; Shareholder Rights: 9; 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.