Tejon Ranch Company Announces Appointment of New President & CEO
Tejon Ranch Company (NYSE: TRC) has appointed Matthew Walker as its new President and CEO, effective March 31, 2025. Walker, who brings 24 years of experience from Lowe Enterprises, will initially join as COO on March 6, 2025. He succeeds Gregory S. Bielli, who announced his retirement after serving since 2013.
Walker, currently Executive Vice President at Lowe, brings extensive experience in resort and residential development, master planned communities, and joint venture formation. He holds a Bachelor of Architecture from Cornell University and an MBA from UCLA Anderson School of Management.
The transition comes at a important time for Tejon Ranch, which is focusing on expanding its Tejon Ranch Commerce Center and developing three master planned communities. Under Bielli's leadership, the company developed the Outlets at Tejon, secured various entitlement approvals, and launched Terra Vista at Tejon. Bielli will continue serving as an executive advisor and Board Director after his retirement.
Tejon Ranch Company (NYSE: TRC) ha nominato Matthew Walker come nuovo Presidente e CEO, a partire dal 31 marzo 2025. Walker, che porta con sé 24 anni di esperienza in Lowe Enterprises, si unirà inizialmente come COO il 6 marzo 2025. Sostituisce Gregory S. Bielli, che ha annunciato il suo ritiro dopo aver servito dal 2013.
Walker, attualmente Vice Presidente Esecutivo presso Lowe, porta un'ampia esperienza nello sviluppo di complessi residenziali e di resort, comunità pianificate e nella formazione di joint venture. Possiede una laurea in Architettura presso la Cornell University e un MBA presso la UCLA Anderson School of Management.
La transizione avviene in un momento importante per Tejon Ranch, che si sta concentrando sull'espansione del suo Tejon Ranch Commerce Center e sullo sviluppo di tre comunità pianificate. Sotto la guida di Bielli, l'azienda ha sviluppato gli Outlets at Tejon, ha ottenuto vari approvazioni di concessione e ha lanciato Terra Vista a Tejon. Bielli continuerà a servire come consulente esecutivo e direttore del Consiglio dopo il suo ritiro.
Tejon Ranch Company (NYSE: TRC) ha nombrado a Matthew Walker como su nuevo Presidente y CEO, a partir del 31 de marzo de 2025. Walker, quien aporta 24 años de experiencia en Lowe Enterprises, se unirá inicialmente como COO el 6 de marzo de 2025. Sucede a Gregory S. Bielli, quien anunció su retiro tras haber servido desde 2013.
Walker, actualmente Vicepresidente Ejecutivo en Lowe, trae una amplia experiencia en el desarrollo de complejos turísticos y residenciales, comunidades planificadas y la formación de joint ventures. Posee una licenciatura en Arquitectura de la Universidad de Cornell y un MBA de la Escuela de Negocios Anderson de UCLA.
La transición llega en un momento importante para Tejon Ranch, que se está enfocando en expandir su Tejon Ranch Commerce Center y desarrollar tres comunidades planificadas. Bajo el liderazgo de Bielli, la empresa desarrolló los Outlets at Tejon, obtuvo varias aprobaciones de concesión y lanzó Terra Vista en Tejon. Bielli continuará sirviendo como asesor ejecutivo y director del Consejo después de su retiro.
테존 랜치 컴퍼니 (NYSE: TRC)는 매튜 워커를 새로운 사장 겸 CEO로 임명했다고 발표했다. 그의 임기는 2025년 3월 31일부터 시작된다. 워커는 로우 엔터프라이즈에서 24년의 경력을 지니고 있으며, 2025년 3월 6일에 COO로 우선 합류한다. 그는 2013년부터 재직해온 그레고리 S. 비엘리를 이어받는다.
워커는 현재 로우에서 수석 부사장으로 활동 중이며, 리조트 및 주거 개발, 계획된 커뮤니티 및 공동 투자 형성에 대한 광범위한 경험을 보유하고 있다. 그는 코넬 대학교에서 건축학 학사 학위를, UCLA 앤더슨 경영대학원에서 MBA를 취득했다.
이번 전환은 테존 랜치에게 중요한 시기에 이루어지며, 회사는 테존 랜치 상업 센터를 확장하고 세 개의 계획된 커뮤니티를 개발하는 데 집중하고 있다. 비엘리의 리더십 아래, 회사는 테존 아울렛을 개발하고 여러 승인 절차를 확보했으며 테존에서 테라 비스타를 출시했다. 비엘리는 퇴직 후에도 계속해서 임원 고문 및 이사회 이사로 활동할 예정이다.
Tejon Ranch Company (NYSE: TRC) a nommé Matthew Walker comme nouveau Président et CEO, à compter du 31 mars 2025. Walker, qui apporte 24 ans d'expérience de Lowe Enterprises, rejoindra initialement l'entreprise en tant que COO le 6 mars 2025. Il succède à Gregory S. Bielli, qui a annoncé sa retraite après avoir été en fonction depuis 2013.
Walker, actuellement Vice-Président Exécutif chez Lowe, possède une vaste expérience dans le développement de complexes résidentiels et de loisirs, dans la planification de communautés et dans la formation de joint ventures. Il est titulaire d'un Bachelor en architecture de l'Université Cornell et d'un MBA de l'UCLA Anderson School of Management.
Cette transition intervient à un moment important pour Tejon Ranch, qui se concentre sur l'expansion de son Tejon Ranch Commerce Center et sur le développement de trois communautés planifiées. Sous la direction de Bielli, l'entreprise a développé les Outlets at Tejon, obtenu diverses approbations de droits et lancé Terra Vista à Tejon. Bielli continuera à servir en tant que conseiller exécutif et directeur du conseil après sa retraite.
Tejon Ranch Company (NYSE: TRC) hat Matthew Walker als neuen Präsidenten und CEO ernannt, der am 31. März 2025 sein Amt antreten wird. Walker bringt 24 Jahre Erfahrung von Lowe Enterprises mit und wird zunächst am 6. März 2025 als COO einsteigen. Er folgt auf Gregory S. Bielli, der nach seinem Dienst seit 2013 seinen Rücktritt angekündigt hat.
Walker, der derzeit als Executive Vice President bei Lowe tätig ist, verfügt über umfangreiche Erfahrung in der Entwicklung von Resorts und Wohnprojekten, in der Planung von Gemeinschaften und in der Bildung von Joint Ventures. Er hat einen Bachelor-Abschluss in Architektur von der Cornell University und einen MBA von der UCLA Anderson School of Management.
Der Wechsel erfolgt zu einem wichtigen Zeitpunkt für Tejon Ranch, das sich auf die Erweiterung seines Tejon Ranch Commerce Centers und die Entwicklung von drei geplanten Gemeinschaften konzentriert. Unter Biellis Führung hat das Unternehmen die Outlets at Tejon entwickelt, verschiedene Genehmigungen erhalten und Terra Vista in Tejon gestartet. Bielli wird nach seinem Rücktritt weiterhin als externer Berater und im Vorstand tätig sein.
- Appointment of experienced real estate veteran with 24 years of industry expertise
- Smooth leadership transition with outgoing CEO remaining as advisor and Board Director
- Continued progress on multiple development projects including Commerce Center and Terra Vista
- Strategic focus on monetizing landholdings and driving shareholder value
- None.
Diversified real estate and agribusiness company selects real estate and resort development veteran Matthew Walker as next leader
TEJON RANCH, Calif., Feb. 11, 2025 (GLOBE NEWSWIRE) -- Today, the Board of Directors for the Tejon Ranch Company (NYSE: TRC) announced the unanimous selection of Matthew (Matt) Walker as the company’s next President and CEO. Walker will join the company as of March 6, 2025 as a Chief Operating Officer, becoming President & CEO as of March 31, 2025. Walker succeeds Gregory S. Bielli, who previously announced his retirement in March of 2024, after joining the company in 2013. Walker’s selection capstones a nationwide search led by an ad-hoc committee of the company’s Board of Directors.
Mr. Walker comes to Tejon Ranch following a distinguished 24-year career at Los Angeles-based real estate firm Lowe Enterprises. Walker currently serves as Executive Vice President and Shareholder at Lowe, overseeing the firm’s hospitality and resort community platform. Originally trained as an architect, his extensive real estate experience includes resort and residential development, residential sales and marketing, master planned community entitlement and development, as well as resort value add investment and expansion. Walker also brings experience in capital development and joint venture formation. Most importantly, over the course of his career, Walker has cultivated projects which are authentic to their place and create lasting loyalty from residents and guests.
Prior to joining Lowe, Mr. Walker held positions at several architectural firms. Walker earned a Bachelor of Architecture from Cornell University and a Master of Business Administration from the UCLA Anderson School of Management.
“I’m honored to join Tejon Ranch Company as their next Chief Executive,” said Walker. “Tejon Ranch is more than a piece of land; it represents the state’s true balance of conservation and economic opportunity. As a fifth generation Californian, I’ve long been fascinated by this legacy property, and I firmly believe that the responsible development of Tejon Ranch is integral to the future success of California. Tejon Ranch will provide desperately needed jobs, housing and economic development opportunities to Southern California. I’m excited by the opportunity to work with our Board, management team and partners to power growth potential. By building on the success that is the Tejon Ranch Commerce Center and making progress on the company’s three additional master planned communities, Tejon Ranch is well positioned to unlock value for shareholders.”
Norman Metcalfe, Chairman of the Board said, “I’m very pleased to welcome Matt to the Tejon Ranch Company. Matt joins at a pivotal time for the company, and his unique development background – along with his skills at creating immersive guest and consumer experiences – will be crucial to the next phase of the company’s growth. Matt’s fresh perspective, combined with the experienced leadership team, will ensure the company can continue to monetize our landholdings, plan for the future and drive shareholder value.”
Continued Metcalfe, “I’d like to thank Greg Bielli for his tenure and contributions to Tejon Ranch Company. Under Greg’s leadership the company developed and opened the Outlets at Tejon, continued developing and expanding the Tejon Ranch Commerce Center, envisioned and developing the first residential community on the ranch, Terra Vista at Tejon, secured entitlement approvals and entitlement amendments for the Grapevine, Mountain Village and Centennial master planned communities, and engaged in key local, regional and state and civic economic development initiatives.”
Bielli will retire as President & CEO on March 31, 2025. Bielli will continue to serve as an executive advisor and as a Director on the Tejon Ranch Board.
“I’m delighted to hand the reins over to a professional of Matthew Walker’s caliber,” said Gregory Bielli, Tejon’s current President & CEO. “His background and skills are important to advancing the company’s goals. As I look back fondly on my time at Tejon, it’s been an honor to lead this team of talented professionals and grow the economic base for our shareholders.”
Tejon Ranch is poised for future growth, capitalizing on the success of the Tejon Ranch Commerce Center – including the impending completion of the first units of the company’s multifamily development, Terra Vista – to guide the future development of the company’s three additional master planned communities.
About Tejon Ranch Company (NYSE: TRC)
Tejon Ranch Company is a 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 30 miles south of Bakersfield. For more information on the Company, please go to www.tejonranch.com.
CONTACT: Nick Ortiz
Cell: (661) 331-0313
Email: nortiz@tejonranch.com
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