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Calavo Growers Announces CEO Retirement and Successor

Story Highlights
  • Calavo Growers announced CEO Lee E. Cole’s retirement effective December 8, 2025.
  • B. John Lindeman will succeed Cole, bringing industry knowledge to advance Calavo’s priorities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Calavo Growers Announces CEO Retirement and Successor

TipRanks Black Friday Sale

The latest update is out from Calavo Growers ( (CVGW) ).

On November 12, 2025, Calavo Growers announced the retirement of Lee E. Cole as President and CEO, effective December 8, 2025, after four decades of leadership. B. John Lindeman, a current board member and former CFO of Calavo, will succeed him. Lindeman’s appointment is expected to leverage his extensive industry knowledge and strategic insight to advance Calavo’s strategic priorities and create sustainable value for shareholders. The company is also evaluating strategic alternatives following a non-binding proposal to acquire all outstanding shares, with the review process ongoing.

The most recent analyst rating on (CVGW) stock is a Hold with a $24.00 price target. To see the full list of analyst forecasts on Calavo Growers stock, see the CVGW Stock Forecast page.

Spark’s Take on CVGW Stock

According to Spark, TipRanks’ AI Analyst, CVGW is a Neutral.

Calavo Growers’ overall stock score is driven by mixed financial performance and bearish technical indicators. While the company has a strong balance sheet, declining revenue and cash flow concerns weigh on its financial outlook. The stock’s technical indicators suggest a bearish trend, and the valuation indicates it may be overpriced relative to peers. The absence of earnings call data and corporate events means these factors do not influence the score.

To see Spark’s full report on CVGW stock, click here.

More about Calavo Growers

Calavo Growers, Inc. is a global leader in the processing and distribution of avocados, tomatoes, papayas, and guacamole. Founded in 1924, the company serves retail grocery, foodservice, club stores, mass merchandisers, food distributors, and wholesalers worldwide, with headquarters in Santa Paula, California, and facilities throughout the U.S. and Mexico.

Average Trading Volume: 185,886

Technical Sentiment Signal: Strong Sell

Current Market Cap: $395.1M

See more insights into CVGW stock on TipRanks’ Stock Analysis page.

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