Tejon Ranch Co. (TRC)

16.28 +0.59 (+3.76%) At close: 04:00PM EDT

Tejon Ranch Co.

4436 Lebec Road
P.O. Box 1000
Lebec, CA 93243
United States
661 248 3000
https://tejonranch.com

Sector(s): Industrials
Industry: Conglomerates
Full Time Employees: 87

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Gregory S. Bielli	President, CEO & Director	2.45M	N/A	1961
Mr. Brett A. Brown	CFO & Executive VP	620.15k	N/A	1965
Mr. Allen E. Lyda	COO & Executive VP	769.5k	N/A	1958
Mr. Robert D. Velasquez	Senior VP of Finance & Chief Accounting Officer	461.13k	N/A	1966
Mr. Michael R. W. Houston	Senior VP, General Counsel & Secretary	365.74k	N/A	1975
Mr. Hugh F. McMahon IV	Executive Vice President of Real Estate	513.65k	N/A	1967
Mr. Derek C. Abbott	Senior Vice President of Real Estate	N/A	N/A	N/A
Mr. Michael L. Campeau	Senior Vice President of Ranch Operations	N/A	N/A	N/A
Mr. Fredrick R. Irwin III	Senior Vice President of Agriculture	N/A	N/A	N/A
Mr. Nathan Keith	Senior Vice President of Real Estate	N/A	N/A	N/A

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Tejon Ranch Co., together with its subsidiaries, operates as a diversified real estate development and agribusiness company. It operates through five segments: Commercial/Industrial Real Estate Development, Resort/Residential Real Estate Development, Mineral Resources, Farming, and Ranch Operations. The Commercial/Industrial Real Estate Development segment engages in the planning and permitting of land for development; construction of infrastructure projects, pre-leased buildings, and buildings to be leased or sold; and sale of land to third parties for their own development. It is also involved in the activities related to communications leases, a power plant lease, and landscape maintenance. This segment leases land to various auto service stations with convenience stores, fast-food operations, service diner-style restaurant, a motel, an antique shop, and a post office; various microwave repeater locations, radio and cellular transmitter sites, and fiber optic cable routes; and package of land for an electric power plant. The Resort/Residential Real Estate Development segment engages in land entitlement, planning, pre-construction engineering, stewardship, and conservation activities. The Mineral Resources segment includes oil and gas royalties, rock and aggregate royalties, and royalties from a cement operation leased to National Cement Company of California, Inc.; and the management of water assets and infrastructure projects. The Farming segment farms permanent crops, such as wine grapes, almonds, and pistachios in package of land. It also manages the farming of alfalfa and forage mix on package of land in the Antelope Valley; and leases package of land for growing vegetables, as well as almonds. The Ranch Operations segment provides game management and ancillary land services comprising grazing leases and filming, as well as various guided hunts. Tejon Ranch Co. was founded in 1843 and is based in Lebec, California.

Corporate Governance

Tejon Ranch Co.’s ISS Governance QualityScore as of April 1, 2024 is 4. The pillar scores are Audit: 3; Board: 4; Shareholder Rights: 6; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.