On January 2, 2020, James E. Gibson was appointed to serve as Chief Executive Officer of Calavo Growers, Inc. (Calavo), with such service to commence on February 1, 2020. Mr. Gibson has served as President of Calavo's Renaissance Food Group (RFG) division since October 26, 2017 and previously served as Chief Operating Officer and a founder member of RFG since 2003. As previously reported by Calavo in a Current Report on Form 8-K filed with the Securities and Exchange Commission on October 28, 2019, Calavo's current Chief Executive Officer, Lecil E. Cole, has announced his intention to retire as Calavo's Chief Executive Officer and President upon the appointment of a successor Chief Executive Officer.