Alico, Inc. Appoints Richard Rallo as Chief Accounting Officer
August 07, 2017 at 04:24 pm EDT
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The Board of Directors of Alico, Inc. appointed Richard Rallo as the Company's Chief Accounting Officer, effective as of June 30, 2017. Mr. Rallo will be responsible for all corporate treasury and accounting functions for Alico, Inc. and its subsidiaries. Mr. Rallo, was employed by American Medical Alert Corp., over the past 16 years in different capacities including Chief Financial Officer and most recently served as AMAC's Chief Operating Officer and Chief Service Officer.
Alico, Inc. is an agribusiness and land management company. The Company is engaged in the sale of its citrus products, providing services to citrus groves owned by third parties, and grazing and hunting leasing. Its segments include Alico Citrus and Land Management and Other Operations. Alico Citrus segment is engaged in planting, owning, cultivating and/or managing citrus groves to produce fruit for sale to fresh and processed citrus markets, including activities related to the purchase and resale of fruit and value-added services, which include contracting for the harvesting, marketing and hauling of citrus. Its Land Management and Other Operations segment includes activities related to native plant sales, grazing and hunting leasing, management and/or conservation of unimproved native pastureland and activities related to rock mining royalties and other insignificant lines of business. It owns over 73,000 acres of land and 90,000 acres of mineral rights throughout Florida.
ALICO, INC. 
