Calavo Finance Chief Steps Down, Interim CFO Appointed

Consumer goods and farm products company Calavo Growers Inc CVGW has announced the departure of its Chief Financial Officer (CFO), Kevin Manion, effective July 16, 2021.
Manion will continue to work with the company through his employment term and thereafter as a consultant to ensure a smooth transition.
Calavo has engaged an executive search firm to identify candidates for the post of CFO.
“He played an integral role in developing and implementing our operational and financial strategy. We wish him well in his future endeavors,” said James E. Gibson, Chief Executive Officer.
Farha Aslam, a financial expert, serving on Calavo’s Board of Directors, will assume the CFO role on an interim basis.
Aslam is Founder and Managing Partner at Crescent House Capital, an investment and strategic advisory firm, and currently serves on Calavo’s audit, compensation, and sustainability committees of the Board.
Price action: CVGW shares closed lower by 1.61% at $64.67 on Wednesday.