TRC: Annual Meeting Next Month; Stockholder Issues Letter to Others [Yahoo! Finance]
Tejon Ranch Co (TRC)
US:NYSE Investor Relations:
ir.tejonranch.com
Company Research
Source: Yahoo! Finance
Tejon Ranch Company (NYSE:TRC) is scheduled to hold its annual shareholder meeting next month on May 14, 2024. In advance of the meeting, a large shareholder, Nitor Capital Management, has issued a letter to Tejon Ranch stockholders announcing its intention to withhold support for four directors at the upcoming 2024 Annual Meeting. According to the letter, Nitor Capital plans to withhold support for: ? Compensation Committee Chair Steven A. Betts ? Chairman of the Board Norman J. Metcalfe ? Real Estate Committee Chair Geoffrey L. Stack, and ? Nominating Committee Chair Michael H. Winer The investment management firm also intends to vote against approval of executive officer compensation on May 14, 2024. Nitor Capital has indicated that it holds 1.75% of TRC shares. Reflecting the underperformance of TRC shares, Nitor Capital highlights its view that the current management team and the board have not created lasting shareholder value. The letter notes that Mr. Metcalfe and
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TRC
News
- Tejon Ranch: Avoid The Recent Pop As The Outlook Worsens (Rating Downgrade) [Seeking Alpha]Seeking Alpha
- Nitor Capital Management Issues Letter to Tejon Ranch Stockholders Announcing its Intention to Withhold Support for Four Directors at 2024 Annual Meeting [Yahoo! Finance]Yahoo! Finance
- Nitor Capital Management Issues Letter to Tejon Ranch Stockholders Announcing its Intention to Withhold Support for Four Directors at 2024 Annual MeetingGlobeNewswire
- Tejon Ranch president and CEO announces retirement date [Seeking Alpha]Seeking Alpha
- Tejon Ranch President and CEO Announces Retirement Date [Yahoo! Finance]Yahoo! Finance
TRC
Earnings
- 11/7/23 - Beat
TRC
Sec Filings
- 4/18/24 - Form PX14A6G
- 3/28/24 - Form DEFA14A
- 3/28/24 - Form ARS
- TRC's page on the SEC website