Calavo Growers Management
Management criteria checks 2/4
Calavo Growers' CEO is Lee Cole, appointed in Mar 2023, has a tenure of 1.17 years. total yearly compensation is $1.91M, comprised of 2.2% salary and 97.8% bonuses, including company stock and options. directly owns 2.89% of the company’s shares, worth $14.56M. The average tenure of the management team and the board of directors is 0.9 years and 12.3 years respectively.
Key information
Lee Cole
Chief executive officer
US$1.9m
Total compensation
| CEO salary percentage | 2.2% |
| CEO tenure | 1.2yrs |
| CEO ownership | 2.9% |
| Management average tenure | less than a year |
| Board average tenure | 12.3yrs |
Recent management updates
Recent updates
Calavo Growers: I'm Buying Into The Turnaround Potential Of This Once High-Flyer
Apr 11Calavo Growers Earnings Outlook: How New Leadership Could Influence Results
Jan 12Calavo Growers, Inc. (NASDAQ:CVGW) Stock Rockets 30% But Many Are Still Ignoring The Company
Dec 28
Is Calavo Growers, Inc. (NASDAQ:CVGW) Trading At A 25% Discount?
Sep 10Calavo Growers (NASDAQ:CVGW) Could Be Struggling To Allocate Capital
Jul 01Some Investors May Be Worried About Calavo Growers' (NASDAQ:CVGW) Returns On Capital
Mar 08Is There An Opportunity With Calavo Growers, Inc.'s (NASDAQ:CVGW) 42% Undervaluation?
Oct 29Calavo Growers Q3 2022 Earnings Preview
Aug 31Calavo Growers: Turnaround In Place
Jul 06Capital Allocation Trends At Calavo Growers (NASDAQ:CVGW) Aren't Ideal
Mar 04Calavo Growers, Inc. (NASDAQ:CVGW) Shares Could Be 24% Above Their Intrinsic Value Estimate
Dec 01At US$37.47, Is It Time To Put Calavo Growers, Inc. (NASDAQ:CVGW) On Your Watch List?
Sep 29Bruised Avocados: Why Calavo Growers Got Toasted
Sep 16There Are Reasons To Feel Uneasy About Calavo Growers' (NASDAQ:CVGW) Returns On Capital
Aug 05Calavo Growers, Inc. 2021 Q2 - Results - Earnings Call Presentation
Jun 16Is Calavo Growers (NASDAQ:CVGW) A Risky Investment?
Jun 10Investors In Calavo Growers, Inc. (NASDAQ:CVGW) Should Consider This, First
May 03Some Investors May Be Worried About Calavo Growers' (NASDAQ:CVGW) Returns On Capital
Apr 15How Much Are Calavo Growers, Inc. (NASDAQ:CVGW) Insiders Taking Off The Table?
Mar 10Is Calavo Growers (NASDAQ:CVGW) A Risky Investment?
Feb 20
Does Calavo Growers' (NASDAQ:CVGW) Share Price Gain of 59% Match Its Business Performance?
Jan 30Should We Be Excited About The Trends Of Returns At Calavo Growers (NASDAQ:CVGW)?
Jan 09Calavo Growers, Inc. 2020 Q4 - Results - Earnings Call Presentation
Dec 24Calavo Growers Q4 2020 Earnings Preview
Dec 20Investors In Calavo Growers, Inc. (NASDAQ:CVGW) Should Consider This, First
Dec 19CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jan 31 2024 | n/a | n/a | -US$10m |
| Oct 31 2023 | US$2m | US$42k | -US$8m |
| Jul 31 2023 | n/a | n/a | -US$1m |
| Apr 30 2023 | n/a | n/a | -US$7m |
| Jan 31 2023 | n/a | n/a | -US$3m |
| Oct 31 2022 | n/a | n/a | -US$6m |
| Jul 31 2022 | n/a | n/a | -US$16m |
| Apr 30 2022 | n/a | n/a | -US$30m |
| Jan 31 2022 | n/a | n/a | -US$21m |
| Oct 31 2021 | US$124k | n/a | -US$12m |
| Jul 31 2021 | n/a | n/a | US$7m |
| Apr 30 2021 | n/a | n/a | US$5m |
| Jan 31 2021 | n/a | n/a | -US$7m |
| Oct 31 2020 | US$854k | US$202k | -US$14m |
| Jul 31 2020 | n/a | n/a | -US$15m |
| Apr 30 2020 | n/a | n/a | US$12m |
| Jan 31 2020 | n/a | n/a | US$31m |
| Oct 31 2019 | US$3m | US$791k | US$37m |
| Jul 31 2019 | n/a | n/a | US$30m |
| Apr 30 2019 | n/a | n/a | US$32m |
| Jan 31 2019 | n/a | n/a | US$30m |
| Oct 31 2018 | US$1m | US$741k | US$32m |
| Jul 31 2018 | n/a | n/a | US$44m |
| Apr 30 2018 | n/a | n/a | US$40m |
| Jan 31 2018 | n/a | n/a | US$39m |
| Oct 31 2017 | US$2m | US$663k | US$37m |
Compensation vs Market: Lee's total compensation ($USD1.91M) is about average for companies of similar size in the US market ($USD2.41M).
Compensation vs Earnings: Lee's compensation has increased whilst the company is unprofitable.
CEO
Lee Cole (83 yo)
1.2yrs
Tenure
US$1,914,416
Compensation
Mr. Lecil E. Cole, also known as Lee, has been the Chairman and President of Hawaiian Sweet Inc. and Tropical Hawaiian Products, Inc. since 1996. Mr. Cole had been Chairman of the Board of Calavo Growers,...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & President | 1.2yrs | US$1.91m | 2.89% $ 14.6m | |
| Chief Financial Officer | 1.9yrs | US$714.09k | 0.017% $ 83.5k | |
| Executive Vice President of Fresh Foods | less than a year | US$209.56k | 0.024% $ 121.9k | |
| Executive Vice President of RFG Prepared | less than a year | US$420.20k | 0.0057% $ 28.8k | |
| Executive Vice President of Sales & Operations | less than a year | US$705.36k | 0.021% $ 107.5k | |
| Senior Vice President | no data | no data | no data | |
| Treasurer | no data | no data | no data |
0.9yrs
Average Tenure
63yo
Average Age
Experienced Management: CVGW's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | 37.3yrs | US$194.03k | 2.03% $ 10.2m | |
| Lead Independent Director | 7.3yrs | US$206.03k | 0.087% $ 439.5k | |
| Independent Director | 3.3yrs | US$196.03k | 0.044% $ 220.3k | |
| Independent Director | 2.4yrs | US$207.53k | 0.035% $ 177.9k | |
| Independent Chairman | 15.8yrs | US$822.99k | 0.21% $ 1.0m | |
| Independent Director | 13.9yrs | US$204.99k | 0.12% $ 602.2k | |
| Independent Director | 13.3yrs | US$206.74k | 0.17% $ 842.5k | |
| Independent Director | 11.3yrs | US$214.49k | 0.16% $ 793.0k |
12.3yrs
Average Tenure
66.5yo
Average Age
Experienced Board: CVGW's board of directors are seasoned and experienced ( 12.3 years average tenure).