Calavo Growers Management
Management criteria checks 2/4
Calavo Growers' CEO is Lee Cole, appointed in Mar 2023, has a tenure of 1.92 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 $11.79M. The average tenure of the management team and the board of directors is 1.6 years and 12.1 years respectively.
Key information
Lee Cole
Chief executive officer
US$1.9m
Total compensation
| CEO salary percentage | 2.2% |
| CEO tenure | 1.9yrs |
| CEO ownership | 2.9% |
| Management average tenure | 1.6yrs |
| Board average tenure | 12.1yrs |
Recent management updates
Recent updates
Calavo Growers: Strong Avocado Pricing Likely To Benefit Q4 2024 Earnings But Long-Term Concerns
Jan 13Insufficient Growth At Calavo Growers, Inc. (NASDAQ:CVGW) Hampers Share Price
Jul 18
Calavo Growers: Encouraging Sales Growth And Promising Outlook For Avocado Market
Jun 17Calavo Growers (NASDAQ:CVGW) Is Paying Out A Dividend Of $0.10
Jun 14Calavo 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 28Is 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 03CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Oct 31 2024 | n/a | n/a | US$7m |
| Jul 31 2024 | n/a | n/a | -US$8m |
| Apr 30 2024 | n/a | n/a | -US$5m |
| Jan 31 2024 | n/a | n/a | -US$10m |
| Oct 31 2023 | US$2m | US$42k | US$5m |
| Jul 31 2023 | n/a | n/a | US$6m |
| Apr 30 2023 | n/a | n/a | -US$1m |
| 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$32m |
Compensation vs Market: Lee's total compensation ($USD1.91M) is about average for companies of similar size in the US market ($USD2.16M).
Compensation vs Earnings: Lee's compensation has increased by more than 20% in the past year.
CEO
Lee Cole (84 yo)
1.9yrs
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 | 1.9yrs | US$1.91m | 2.89% $ 11.8m | |
| Executive Vice President of Fresh Foods | 1.7yrs | US$209.56k | 0.024% $ 98.6k | |
| Chief Financial Officer | less than a year | US$449.69k | 0.011% $ 44.5k | |
| Executive Vice President of Sales & Operations | 1.5yrs | US$705.36k | 0.021% $ 87.0k | |
| Senior Vice President | no data | no data | no data | |
| Treasurer | no data | no data | no data |
1.6yrs
Average Tenure
64yo
Average Age
Experienced Management: CVGW's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | 38.1yrs | US$194.03k | 2.05% $ 8.4m | |
| Lead Independent Director | 8.1yrs | US$206.03k | 0.11% $ 468.6k | |
| Independent Chairman of the Board | 4.1yrs | US$196.03k | 0.044% $ 178.3k | |
| Independent Director | less than a year | US$434.75k | 0.037% $ 152.1k | |
| Independent Director | 3.2yrs | US$207.53k | 0.063% $ 256.9k | |
| Independent Director | 16.5yrs | US$234.03k | 0.23% $ 952.9k | |
| Independent Director | 14.7yrs | US$202.53k | 0.15% $ 600.2k | |
| Independent Director | 14.1yrs | US$201.03k | 0.17% $ 681.9k | |
| Independent Director | 12.1yrs | US$209.03k | 0.18% $ 754.7k |
12.1yrs
Average Tenure
66yo
Average Age
Experienced Board: CVGW's board of directors are seasoned and experienced ( 12.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/02 02:46 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/10/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Calavo Growers, Inc. is covered by 11 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Eric Larson | Buckingham Research Group Inc. |
| Mark Argento | Craig-Hallum Capital Group LLC |
| Brian Holland | D.A. Davidson & Co. |