Leadership transition to take place next month at Calavo Growers

A new leader will take the helm at Calavo Growers next month when B. John Lindeman succeeds Lee E. Cole as president and CEO of the California-based provider and distributor of avocados, tomatoes, papayas and guacamole.

Lindeman, a member of Calavo’s board and the company’s former chief financial officer, will assume his new roles when Cole’s retirement becomes effective Dec. 8, according to a news release. Lindeman will continue to serve on the board.

“On behalf of the Board and the entire Calavo family, I want to express our deep gratitude to Lee for his decades of outstanding leadership and his many contributions that helped Calavo become a trusted name in fresh and prepared foods,” Calavo board chair Kathleen Holmgren said in the release. “He led the company through multiple market cycles, strengthening our operational foundation and expanding our global reach. Lee’s disciplined approach and focus on performance have set a high standard for our industry.”

Lindeman most recently served as CEO of Hydrofarm Holdings Group, a manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture. He previously served as executive vice president and CFO for Hydrofarm.

“I’m honored to return to Calavo and excited to lead this talented team,” Lindeman said. “With the dedication and expertise that define Calavo’s culture, we are well-positioned to deepen partnerships, drive growth and create sustainable value for our shareholders.”

From 2015 to 2020, Lindeman served as CFO and corporate secretary of Calavo Growers. He is a board member for Utz Brands.

“We’re very pleased to welcome John back to the executive team. He knows this company well from his time as CFO and as a current board member,” Holmgren said. “John brings deep industry knowledge and strategic insight as well as significant experience in mergers and acquisitions that will serve Calavo well in advancing our strategic priorities.”

In June, Calavo Growers announced receipt of a non-binding proposal to acquire all of its outstanding shares. The company is evaluating “all strategic options,” according to the release.

In August, Calavo completed the sale of its Fresh Cut Business to F&S Fresh Foods in an $83 million transaction.