STOCK TITAN

Tejon Ranch Co. Names General Counsel

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Tejon Ranch Co. (NYSE: TRC) has appointed Marc W. Hardy as Senior Vice President and General Counsel, effective May 10, 2021. Hardy, previously with A.G. Spanos Companies, brings extensive experience in corporate law, real estate, and land use. He has a strong background in legal affairs for diversified companies, including residential development and the Los Angeles Chargers NFL team. Tejon Ranch, with 270,000 acres positioned for growth in real estate development and agribusiness, aims to leverage Hardy's expertise as it advances its projects.

Positive
  • Appointment of Marc W. Hardy as General Counsel enhances legal oversight.
  • Hardy has extensive experience in corporate law and real estate, beneficial for ongoing projects.
  • Tejon Ranch has substantial land holdings (270,000 acres) which are set for development.
Negative
  • None.

Tejon Ranch Co. (NYSE: TRC) announced today the appointment of Marc W. Hardy as Senior Vice President and General Counsel. Hardy is currently Of Counsel with the Buchalter law firm in Irvine, California, and from 2001 to 2020 served as Assistant General Counsel and then General Counsel/Assistant Secretary for the A.G. Spanos Companies. He has extensive experience in corporate law, real estate, land use and environmental issues. He will join the Company on May 10, 2021.

“We are extremely pleased to have a person of the caliber and experience of Marc Hardy to oversee the Company’s legal work,” said Gregory S. Bielli, President and CEO of Tejon Ranch Co. “He has a depth of experience and knowledge that will serve us well as we continue to move forward with our real estate development efforts.”

With the A.G. Spanos Companies, Hardy provided executive leadership and management to the Board of Directors, executive members and its operating managers concerning the legal affairs for a fully diversified group of companies, including, the Spanos Corporation, a national multi-family residential homebuilder, mixed-use master plan developer, and owner/operator of Class A office complexes, vineyards, orchards, golf course and marina, and the Los Angeles Chargers National Football League team.

Hardy’s areas of legal practice have included: Real Estate/Land Use, Commercial Construction, Leasing, Corporate Law/Entity Formation, Lending/Finance, Litigation and Risk Management, Labor and Employment, and Compliance. Prior to joining the A.G. Spanos Companies, he served as an Associate Attorney with O’Brien Watters & Davis LLP in Santa Rosa, California, and Ogden Murphy Wallace P.L.L.C. in Wenatchee, Washington.

Hardy earned a BA from the University of California, Davis, a Juris Doctorate from the University of the Pacific’s McGeorge School of Law, and a Masters of Law degree in Taxation from the University of Washington School of Law.

About Tejon Ranch Company (NYSE: TRC)

Tejon Ranch Company (NYSE: TRC) is a growth-oriented, diversified real estate development and agribusiness company whose principal asset is its 270,000-acre land holding located approximately 60 miles north of Los Angeles and 25 miles south of Bakersfield. Tejon Ranch is positioned for growth with its fully operational commercial/industrial real estate development and three master planned communities on the horizon.

More information about Tejon Ranch Co. can be found online at http://www.tejonranch.com.

FAQ

Who has been appointed as Senior Vice President and General Counsel of Tejon Ranch Co. (TRC)?

Marc W. Hardy has been appointed as Senior Vice President and General Counsel effective May 10, 2021.

What is the background of Marc W. Hardy at Tejon Ranch Co. (TRC)?

Marc W. Hardy previously served at A.G. Spanos Companies, specializing in corporate law, real estate, and land use.

How large is Tejon Ranch Co.’s land holdings?

Tejon Ranch Co. holds approximately 270,000 acres of land.

What sectors is Tejon Ranch Co. (TRC) involved in?

Tejon Ranch Co. is involved in real estate development and agribusiness.

What date will Marc W. Hardy join Tejon Ranch Co. (TRC)?

Marc W. Hardy will join Tejon Ranch Co. on May 10, 2021.

Tejon Ranch Co.

NYSE:TRC

TRC Rankings

TRC Latest News

TRC Stock Data

414.68M
24.60M
8.29%
63.92%
1.6%
Conglomerates
Real Estate
Link
United States of America
LEBEC