On April 8, 2015, the Board of Directors of Griffin Land & Nurseries Inc. appointed Michael S. Gamzon, Griffin's President and Chief Operating Officer since May 2012, as Griffin's President and Chief Executive Officer effective January 1, 2016. Frederick M. Danziger, the current Chairman of the Board and Chief Executive Officer of Griffin, will retire from his position as Chief Executive Officer effective January 1, 2016. Prior to his appointment as President and Chief Operating Officer in May 2012, Mr. Gamzon served as Griffin's Executive Vice President and Chief Operating Officer from September 2010 through May 2012, and as Vice President from January 2008 through August 2010.