Calavo Growers, Inc. Announces CFO Change in Leadership
Calavo Growers (Nasdaq-GS: CVGW) announced leadership changes in its financial department. James Snyder will become the new Chief Financial Officer effective December 2, replacing Shawn Munsell who is departing on November 29 for a new opportunity. Munsell will serve as a consultant through December to ensure a smooth transition. Snyder, who previously served as Corporate Controller and Chief Accounting Officer at Calavo for 18 years, returns to the company after roles at Gem-Pack Berries and Nano Banc. He began his career with Deloitte, spending seven years in audit functions.
Calavo Growers (Nasdaq-GS: CVGW) ha annunciato cambiamenti di leadership nel suo dipartimento finanziario. James Snyder diventerà il nuovo Chief Financial Officer a partire dal 2 dicembre, sostituendo Shawn Munsell che lascerà il posto il 29 novembre per una nuova opportunità. Munsell continuerà a lavorare come consulente fino a dicembre per garantire una transizione senza problemi. Snyder, che in precedenza ha ricoperto il ruolo di Corporate Controller e Chief Accounting Officer in Calavo per 18 anni, torna in azienda dopo aver lavorato presso Gem-Pack Berries e Nano Banc. Ha iniziato la sua carriera presso Deloitte, dove ha trascorso sette anni nelle funzioni di audit.
Calavo Growers (Nasdaq-GS: CVGW) anunció cambios en el liderazgo de su departamento financiero. James Snyder será el nuevo Director Financiero a partir del 2 de diciembre, reemplazando a Shawn Munsell quien dejará el cargo el 29 de noviembre para una nueva oportunidad. Munsell actuará como consultor hasta diciembre para asegurar una transición fluida. Snyder, quien anteriormente se desempeñó como Controlador Corporativo y Director de Contabilidad en Calavo durante 18 años, regresa a la empresa después de haber trabajado en Gem-Pack Berries y Nano Banc. Comenzó su carrera en Deloitte, donde pasó siete años en funciones de auditoría.
Calavo Growers (Nasdaq-GS: CVGW)는 재무 부서의 리더십 변경을 발표했습니다. James Snyder가 12월 2일자로 새로운 최고 재무 책임자(Chief Financial Officer)가 되며, 11월 29일에 새로운 기회를 위해 떠나는 Shawn Munsell를 대체합니다. Munsell은 매끄러운 전환을 보장하기 위해 12월까지 컨설턴트로 활동할 것입니다. Snyder는 Calavo에서 18년 동안 기업 회계 책임자와 최고 회계 책임자(Chief Accounting Officer)로 재직한 후 Gem-Pack Berries와 Nano Banc에서의 역할을 마치고 회사로 돌아왔습니다. 그는 딜로이트에서 경력을 시작했으며, 감사 업무에 7년을 보냈습니다.
Calavo Growers (Nasdaq-GS: CVGW) a annoncé des changements de direction dans son département financier. James Snyder deviendra le nouveau Directeur Financier à partir du 2 décembre, remplaçant Shawn Munsell qui partira le 29 novembre pour une nouvelle opportunité. Munsell continuera à servir en tant que consultant jusqu'en décembre pour garantir une transition en douceur. Snyder, qui a précédemment occupé les postes de Contrôleur Général et de Directeur Comptable chez Calavo pendant 18 ans, revient dans l'entreprise après avoir exercé des fonctions chez Gem-Pack Berries et Nano Banc. Il a commencé sa carrière chez Deloitte, où il a passé sept ans dans des fonctions d'audit.
Calavo Growers (Nasdaq-GS: CVGW) kündigte Änderungen in der Leitung seiner Finanzabteilung an. James Snyder wird ab dem 2. Dezember der neue Chief Financial Officer, und ersetzt Shawn Munsell, der am 29. November für eine neue Gelegenheit das Unternehmen verlässt. Munsell wird bis Dezember als Consultant tätig sein, um einen reibungslosen Übergang zu gewährleisten. Snyder, der zuvor 18 Jahre lang als Corporate Controller und Chief Accounting Officer bei Calavo tätig war, kehrt nach seiner Arbeit bei Gem-Pack Berries und Nano Banc zum Unternehmen zurück. Er begann seine Karriere bei Deloitte, wo er sieben Jahre im Bereich der Wirtschaftsprüfung tätig war.
- Return of experienced executive with 18 years of company-specific knowledge
- Departure of current CFO after only 2.5 years in position
- Potential disruption in financial leadership during transition period
James Snyder to become Chief Financial Officer as Shawn Munsell Departs for New Role
SANTA PAULA, Calif., Nov. 15, 2024 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global leader in the processing and distribution of avocados, tomatoes, papayas, and guacamole, today announced that James Snyder will become the Company’s new Chief Financial Officer effective December 2. Shawn Munsell, Calavo’s current CFO will be departing the Company on November 29 to pursue a new opportunity. He will serve as a consultant to the Company in the month of December to ensure a smooth transition.
“We are excited to welcome James back to Calavo,” said Lee Cole, President and Chief Executive Officer of Calavo Growers, Inc. “James served the Company well for over 18 years as our Corporate Controller and Chief Accounting Officer, and we are thrilled that he has agreed to return as our CFO to lead the division that he knows so well. We thank Shawn for all that he has done for Calavo in his two and a half years here, and we wish him well in his new endeavors.”
“Returning to Calavo will be like a homecoming for me,” Snyder said. “I built my career at Calavo, and I am eager to help Lee and the team move the Company forward as its CFO.”
Snyder has served as Corporate Controller and Chief Accounting Officer at Gem-Pack Berries in Irvine, California since April. Prior to that he was in a similar role for Nano Banc of Irvine from 2020 to 2024. He was with Calavo from 2001 to 2020. Snyder began his career with Deloitte, where he spent seven years in various audit functions.
About Calavo Growers, Inc.
Calavo Growers, Inc. (Nasdaq: CVGW) is a global leader in the processing and distribution of avocados, tomatoes, papayas and guacamole. Calavo products are sold under the trusted Calavo brand name, proprietary sub-brands, private label and store brands. Founded in 1924, Calavo has a rich culture of innovation, sustainable practices and market growth. The company serves retail grocery, foodservice, club stores, mass merchandisers, food distributors and wholesalers worldwide. Calavo is headquartered in Santa Paula, California, with facilities throughout the U.S. and Mexico. Learn more about The Family of Fresh™ at calavo.com.
Safe Harbor Statement
This press release contains statements relating to future events and results of Calavo that are “forward-looking statements,” as defined in the Private Securities Litigation Reform Act of 1995, that involve risks, uncertainties and assumptions. These statements are based on our current expectations and are not promises or guarantees. If any of the risks or uncertainties ever materialize or the assumptions prove incorrect, the results of Calavo may differ materially from those expressed or implied by such forward-looking statements and assumptions. The use of words such as “anticipates,” “estimates,” “expects,” “projects,” “intends,” “plans” and “believes,” among others, generally identify forward-looking statements.
For a discussion of the risks and uncertainties that we face, please see the risk factors described in our most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission and any subsequent updates that may be contained in our Quarterly Reports on Form 10-Q and other filings with the Securities and Exchange Commission. Forward-looking statements contained in this press release are made only as of the date of this press release, and we undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.
Investor Contact
Julie Kegley, Senior Vice President
Financial Profiles, Inc.
calavo@finprofiles.com
310-622-8246
FAQ
When will James Snyder become CFO of Calavo Growers (CVGW)?
How long did James Snyder previously work at Calavo Growers (CVGW)?
When is Shawn Munsell leaving Calavo Growers (CVGW)?
