Outgoing chair Steve Hollister is to remain on Californian avocado company’s board of directors
The board of directors of California-based avocado supplier Calavo Growers has elected Farha Aslam as its chair, effective immediately.
“I am honoured to serve as chair of Calavo Growers, and I appreciate the opportunity to play an integral role in this hundred-year-old company,” Aslam said.
“Calavo has a heritage of leadership in the avocado industry, and today it is capitalising on its position in this attractive category with robust consumer demand.
“The company is well positioned for growth given its strong relationships with growers and customers, attractive assets, solid balance sheet and perhaps most importantly, its team of dynamic, committed people.”
Outgoing chair Steven Hollister is to remain on the board, where he has served since 2008. He also served as interim chief executive officer in 2021.
“It has been a privilege to serve as chairman,” Hollister said. “Farha has my full support. She is an astute leader and brings the perspective of an investor and a Wall Street analyst to the table, which is good for the board, good for Calavo’s leadership team, and good for investors.”
Aslam added: “The board and I thank Steve for his service. We are grateful that we will continue to benefit from his talent and valuable experience.”
Aslam has worked in finance since 1996 and is managing partner at Crescent House Capital, an investment and strategic advisory firm she founded that focuses on the agriculture, energy, and food processing industries.
