ALICO extended John Kiernan's employment through September 30, 2030 and granted performance-based restricted stock units and updated compensation terms, effective July 14, 2026.
| IndividualJohn Kiernan | RolePresident and Chief Executive Officer | Type of ChangeEmployment agreement amended/extended; equity award granted | Effective DateJuly 14, 2026 | ReasonNot disclosed | Replacement InfoNot disclosed | Background DetailsEmployment term extended to Sept 30, 2030; base salary $550,000 first year, increasing $25,000 annually to $650,000; eligible for annual discretionary bonus up to $250,000 and real estate incentive bonuses (≥75% cash, up to 25% in performance-based RSUs) | Board/Committee Role ChangesNot disclosed |
Original SEC Filing:
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