Tejon Ranch Co. (TRC)
- GlobeNewswire
Nitor Capital Management Commends Tejon Ranch Stockholders for Withholding Support for Certain Directors and Voting Against Executive Compensation at Upcoming Annual Meeting
Highlights ISS and Glass Lewis Recommend to Withhold Votes for Nominating Committee Chair Michael H. Winer and Glass Lewis Recommends Voting Against Executive Compensation Urges Stockholders to Withhold Support for Steven A. Betts, Norman J. Metcalfe, Geoffrey L. Stack and Michael H. Winer and Vote Against Executive Compensation ENGLEWOOD CLIFFS, N.J., May 09, 2024 (GLOBE NEWSWIRE) -- Nitor Capital Management LLC (together with its affiliates, “Nitor Capital Management” or “we”), a significant s
- GlobeNewswire
Tejon Ranch Co. Announces First Quarter 2024 Financial Results
TEJON RANCH, Calif., May 07, 2024 (GLOBE NEWSWIRE) -- Tejon Ranch Co., or the Company, (NYSE:TRC), a diversified real estate development and agribusiness company, today announced financial results for the three-months ended March 31, 2024. "During the first quarter of 2024, the Company continued its strategic focus on unlocking the value of our unique land assets, including commencement of construction of our first residential community, Terra Vista at Tejon, a new multi-family apartment communi
- GlobeNewswire
Nitor Capital Management Issues Letter to Tejon Ranch Stockholders Announcing its Intention to Withhold Support for Four Directors at 2024 Annual Meeting
Exposes Company’s 20-year History of Negative Stockholder Returns under Leadership of Incumbent Board and Questionable Compensation Practices Believes Net Asset Value of Company Exceeds $44 per Share, Nearly 3x Today’s Share Price Confident Company can Deliver Stockholder Value with the Right Leadership and Strategy Plans to Withhold Support for Compensation Committee Chair Steven A. Betts, Chairman of the Board Norman J. Metcalfe, Real Estate Committee Chair Geoffrey L. Stack and Nominating Com
