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Tejon Ranch Co. (TRC)

NYSE - NYSE Delayed Price. Currency in USD
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15.62+0.01 (+0.06%)
As of 12:42PM EDT. Market open.
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Tejon Ranch Co.

4436 Lebec Road
P.O. Box 1000
Lebec, CA 93243
United States
661 248 3000
https://tejonranch.com

Sector(s)Industrials
IndustryConglomerates
Full Time Employees90

Key Executives

NameTitlePayExercisedYear Born
Mr. Gregory S. BielliPres, CEO & Director1.87MN/A1961
Mr. Allen E. LydaCOO, CFO, Exec. VP, Treasurer & Assistant Sec.802.39kN/A1958
Mr. Robert D. VelasquezSr. VP of Fin. & Chief Accounting Officer459.65kN/A1966
Mr. Marc William HardySr. VP, Gen. Counsel & Corp. Sec.383.53kN/AN/A
Mr. Hugh F. McMahon IVExec. VP of Real Estate548.29kN/A1967
Mr. Barry ZoellerSr. VP of Corp. Communications & Investor RelationsN/AN/AN/A
Mr. Derek C. AbbottSr. VP of Real EstateN/AN/AN/A
Mr. Joseph N. RentfroExec. VP of Real EstateN/AN/A1969
Mr. Michael L. CampeauSr. VP of Ranch OperationsN/AN/AN/A
Mr. Fredrick R. Irwin IIISr. VP of AgricultureN/AN/AN/A
Amounts are as of December 31, 2021 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., together with its subsidiaries, 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 planning and permitting of land for development; construction of infrastructure projects, 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 two auto service stations with convenience stores, 13 fast-food operations, 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 land entitlement, planning, pre-construction engineering, 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 infrastructure projects. The Farming segment farms permanent crops, such as wine grapes in 1,036 acres, almonds in 2,262 acres, and pistachios in 1,053 acres. It also manages the farming of alfalfa and forage mix on 626 acres in the Antelope Valley; and leases 720 acres of land for growing vegetables, as well as almonds. The Ranch Operations segment provides game management and ancillary land services comprising grazing leases and filming, as well as various guided hunts. Tejon Ranch Co. was founded in 1843 and is based in Lebec, California.

Corporate Governance

Tejon Ranch Co.’s ISS Governance QualityScore as of June 1, 2022 is 4. The pillar scores are Audit: 4; Board: 2; Shareholder Rights: 7; Compensation: 4.

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.
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