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Stock impact report

Calavo Growers appoints former finance chief as new CEO [Yahoo! Finance]

Hydrofarm Holdings Group, Inc. (HYFM) 
Company Research Source: Yahoo! Finance
Lindeman will succeed Lee Cole, who will retire as president and CEO on 8 December. Founded in 1924, the company processes and distributes avocados, tomatoes and papayas, along with guacamole under the Calavo brand. Kathleen Holmgren, chair of the board of directors at Calavo, said: “On behalf of the Board and the entire Calavo family, I want to express our deep gratitude to Lee for his decades of outstanding leadership and his many contributions that helped Calavo become a trusted name in fresh and prepared foods. “He led the company through multiple market cycles, strengthening our operational foundation and expanding our global reach. Lee's disciplined approach and focus on performance have set a high standard for our industry.” Lindeman was most recently CEO of Hydrofarm Holdings Group, a manufacturer and distributor of branded hydroponics equipment and supplies for controlled-environment agriculture. After almost five years as Calavo CFO, he joined Hydrofarm in 2020 as Show less Read more
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