Limoneira appoints Greg Hamm as Chief Financial Officer, succeeding Mark Palamountain
California-based citrus and avocado expert Limoneira announced that Mark Palamountain will step down from his role as Chief Financial Officer. He will be succeeded by Greg Hamm, who has served as Corporate Controller since 2004 and as Vice President and Corporate Controller since 2008.
The effective date of Palamountain’s departure has not been determined, and he’ll remain available to Limoneira in an advisory capacity following his departure to assist with ongoing initiatives and support the leadership transition.
“Mark has been an invaluable member of our leadership team and finance organization since joining Limoneira in 2012, and his contributions as Chief Financial Officer since 2018 have been instrumental in our Company’s strategic transformation,” said Harold Edwards, President and Chief Executive Officer of Limoneira.
Edwards pointed out that the company board had identified Greg as a candidate for Chief Financial Officer as part of its succession planning and worked closely with him over the years to prepare him for the role.
“His close working relationship with Mark and his comprehensive understanding of our business operations will ensure a smooth and effective transition,” he added.
Limoneira’s carefully planned leadership change
Mark Palamountain’s tenure as Chief Financial Officer coincided with a period of significant evolution for Limoneira, including the company’s strategic shift toward diversified operations, enhanced cost management, and the recent partnership with Sunkist.
His deep understanding of agricultural operations, financial markets, and strategic planning has been crucial to positioning the company for sustained growth.
“I am grateful for the opportunity to have served Limoneira during such a transformative period,” said Palamountain. “The company is well-positioned for continued success, and I have complete confidence in Greg’s ability to lead the finance organization forward.”
Hamm brings over two decades of experience with Limoneira, having joined the company in 2004. Throughout his tenure, he has demonstrated exceptional leadership across multiple areas of the finance organization and has worked closely with the company’s auditors, bankers, and investors. His deep institutional knowledge and proven track record make him ideally suited to assume the Chief Financial Officer role.
As part of the leadership transition, Kelly Lindell, who has been with the Company since 2019, will assume the role of Corporate Controller. She has been instrumental in the Company’s SEC reporting processes and has reported directly to Hamm since joining the organization.
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