Calavo Growers (CVGW) Announces CFO Departure

Calavo Growers, Inc. (Nasdaq: CVGW) today announced that Chief Financial Officer Mariela Matute will be leaving Calavo for a CFO role at another company. She will remain with Calavo through May 19, 2022 to assist with the transition.

Calavo’s President and Chief Executive Officer Brian W. Kocher, whose experience includes chief financial officer and chief accounting officer roles, will assume the role of the Company’s interim Chief Financial Officer until a successor is named. The Company will immediately commence a search for a new permanent CFO.

“Mariela has made a significant contribution to our organization in the time she has been with Calavo,” Kocher said. “She described her new opportunity as one that was simply too good to pass up, and we wish her the best in her new role.

“While this news is unfortunate, it won’t deter or delay our efforts to improve our operating performance,” Kocher continued. “We have a structure in place to carry out our initiatives like Project Uno. We have processes that Mariela helped establish that will ensure the smooth continuity of our business. We have a talented team that is more than capable of stepping in and stepping up as we search for a new CFO.

“I remain confident about our future. Calavo has delivered sequential improvement in our business, and we continue to make progress. I am as excited today as I was yesterday about our opportunities and our ability to deliver on our vision and goals to our shareholders,” Kocher concluded.

You May Also Be Interested In

• Peraso CFO James Sullivan resigns effective October 2026
• AstraZeneca's camizestrant fails primary endpoint in breast cancer trial
• Roblox announces standalone apps, browser play, and creator wallet