SANTA PAULA, Calif.--(BUSINESS WIRE)--
Limoneira Company (NASDAQ:LMNR), a leading agribusiness with prime
agricultural land and operations, real estate and water rights in
California, announced today that Mark Palamountain has been appointed to
Director of Business Development and Business Integration.
Mr. Palamountain previously served as Limoneira's Director of Energy,
Waste and Water projects and was instrumental in the development of
Limoneira's solar installation, one of the largest private solar
facilities in California. Prior to joining Limoneira in 2011,
Palamountain co-founded Perpetual Power, a renewable energy company with
annual revenues of more than $20M. He has also held senior positions at
Broadpoint Securites, Thomas Weisel Partners, and JP Morgan Chase.
"We are very pleased to announce that Mark is moving to the newly
created position of Director of Business Development and Business
Integration," said Alex Teague, Senior Vice President of Limoneira.
"Mark's financial background and acumen will be vital to our growth as
we explore and implement new business units and opportunities across all
of our business segments."
"We are thrilled to have Mark lead our business development efforts as
we look for new opportunities to drive growth and deliver shareholder
value," said Harold Edwards, CEO of Limoneira. "Mark has a proven track
record of success and we are confident in his ability to identify,
pursue and integrate new business units, revenue streams and growth
opportunities into our business model."
About Limoneira:
Limoneira Company, a 120-year-old international agribusiness
headquartered in Santa Paula, California, has grown to become one of the
premier integrated agribusinesses in the world. Limoneira (pronounced lē
mon΄âra), is a dedicated sustainability company with approximately 8,000
acres of rich agricultural lands, real estate properties and water
rights in California. The Company is a leading producer of lemons,
avocados, oranges, specialty citrus and other crops that are enjoyed
throughout the world. For more about Limoneira Company, visit www.limoneira.com.
ICR
John Mills, 310-954-1105
john.mills@icrinc.com
Source: Limoneira Company
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