SANTA PAULA, CA - As this week draws to a close, so too does Kevin Manion's time as Chief Financial Officer with Calavo Growers. He recently announced his departure from the company effective July 16, 2021. As he exits, Farha Aslam, a financial expert serving as a member of the Board of Directors, will step in as interim CFO as Calavo searches for a successor. Following Manion’s departure, he will stay on as a consultant to the company to ensure a smooth transition.

Aslam currenly serves on Calavo’s audit, compensation, and sustainability committees as part of the Board of Directors. According to a press release, she is also Founder and Managing Partner at Crescent House Capital, an investment and strategic advisory firm focusing on agriculture, energy, and food processing industries.

Prior to founding Crescent House Capital, Aslam was Managing Director at Stephens Inc., where she led the company’s food and agribusiness equity research team, building a top-tier research franchise that spanned the grain, ethanol, protein, and packaged food sectors. She also held the role of Vice President at Merrill Lynch and Risk Management Advisor at UBS.

James E. Gibson, Chief Executive Officer commented on Manion’s departure and Aslam’s interim role as his successor.

“On behalf of Calavo, I want to thank Kevin for his contributions to our team. He played an integral role in developing and implementing our operational and financial strategy. We wish him well in his future endeavors,” he said. "Given Farha’s knowledge of our business, financial acumen, and industry expertise, our deep and experienced finance team will have a strong and steady hand to lead them as we continue our search for a new CFO."

Cheers to both Aslam and Manion as they start down these new paths!

Calavo Growers