UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20509
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
Tejon Ranch Co. has appointed Brett A. Brown, age 58, as Executive Vice President and Chief Financial Officer. Mr. Brown will join the Company on May 8, 2023, and will assume the position from current CFO Allen Lyda, who will continue his other responsibilities as Executive Vice President and Chief Operating Officer.
Mr. Brown was most recently Executive Vice President, Chief Financial Officer, and Treasurer at Alexander & Baldwin, Inc. (NYSE: ALEX), from May 2019 to November 2022.
Over the course of more than three decades, Mr. Brown has worked exclusively in the real estate industry, both with public and privately held companies, as well as Real Estate Investment Trusts.
In addition to Alexander & Baldwin, Mr. Brown worked for PREP Property Group from February 2018 to May 2019 and prior to PREP worked 13 years with IRC Retail Centers/Inland Real Estate Corporation (NYSE: IRC) in Oak Brook, Illinois, where he also served as Executive Vice President, Chief Financial Officer, and Treasurer.
Mr. Brown earned a Bachelor of Science, Accountancy, from Northern Illinois University. He is a member of the National Association of Real Estate Investment Trusts, International Council of Shopping Centers, and the American Institute of Certified Public Accountants.
Item 9.01 | Financial Statements and Exhibits |
(d) | Exhibits |
99.1 | Press Release of the Company dated May 5, 2023, announcing the Company’s appointment of a new Executive Vice President and Chief Financial Officer. | |
104 | Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101). |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: May 5, 2023 | TEJON RANCH CO. | |||||
By: | /S/ ALLEN E. LYDA | |||||
Name: | Allen E. Lyda | |||||
Title: | Executive Vice President, Chief Operating Officer/ Chief Financial Officer |
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