Calavo Growers Executive Compensation (FY24)
CVGW · Executive and director compensation, fiscal 2022 to 2024
Chief executive, fiscal 2024 ◇ Lecil Cole | Latest say-on-pay support = April 23, 2025 | Chief executive pay ratio ◇ To the median employee |
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Data as of November 5, 2026Latest filing (8-K): April 28, 2025
13 filings cited on this page
Method: intel.velarion.ai/methodology
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225 figures on this page: 215 cited to the filing that reported them, 10 calculated from figures it prints. See the citations
More on Calavo Growers
Five data products on this company. Each one is requested through the developer setup page.
- Peer Disclosure Audit$5The comparison companies this board named, each one tied to the filing that lists it.How to get Peer Disclosure Audit
- Governance Provisions PullfreeThe governance provisions as the proxy states them: board leadership, committee membership, and shareholder rights.How to get Governance Provisions Pull
- Say-on-Pay Risk Signal$9A risk band for the next say-on-pay vote, with the support history and the peer comparison behind it.How to get Say-on-Pay Risk Signal
- NEO Comp Report$24Every named executive officer’s pay by element and year, with the citation behind each figure.How to get NEO Comp Report
- Board Comp Report$24What each non-employee director was paid, the standing fee schedule, and the equity each one holds at year end.How to get Board Comp Report
What changed from fiscal 2023 to fiscal 2024
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Lecil Cole: $1,891,334 → $77,760 (95.9% lower)
CEO pay ratio: 208:1 → 9:1 (95.7% lower)
Frequently asked questions
Answers drawn from the data on this page.
Who is Calavo Growers' chief executive and what were they paid?
Lecil Cole was paid $77,760 in total compensation as Chief Executive Officer for fiscal 2024. Compared with the $1,891,334 reported for fiscal 2023, Cole's total was 95.9% lower.
What was Calavo Growers' say-on-pay result?
Shareholders supported the say-on-pay proposal with 98.7% of votes cast for or against in favor at the meeting held April 23, 2025 for fiscal 2024.
Which companies are in Calavo Growers' peer group?
Companies named in the disclosed peer group include BRC Inc., Bridgford Foods Corporation, John B. Sanfilippo & Son, Inc., Limoneira Company and MGP Ingredients, Inc., among others.
What is Calavo Growers' chief executive pay ratio?
For fiscal 2024, the company reported a chief executive pay ratio of 9:1, against median employee compensation of $8,729.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Brian Kocher Chief Executive Officer | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Ronald Araiza Former Executive Vice President, Foods Sales | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Graciela Montgomery Chief Human Resources Officer | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Shawn Munsell Chief Financial Officer | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Robert Wedin Former Executive Vice President, Fresh Sales Departed during or after this year | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
Helen Kurtz Senior Vice President and General Manager of Calavo Prepared | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Danny Dumas Senior Vice President and General Manager of Calavo Grown | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Mariela Matute Former Chief Financial Officer Departed during or after this year | ◇ | — | — | — | — | — | ◇ | ◇ |
Steven Hollister Former Interim Chief Executive Officer Departed during or after this year | ◇ | — | — | — | — | — | — | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Brian Kocher Former Chief Executive Officer Departed during or after this year | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Lecil Cole Chief Executive Officer | ◇ | — | — | ◇ | — | — | ◇ | ◇ |
Helen Kurtz Former Senior Vice President and General Departed during or after this year | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Danny Dumas Former Senior Vice President and General Departed during or after this year | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Shawn Munsell Former Chief Financial Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Graciela Montgomery Former Chief Human Resources Officer Departed during or after this year | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Paul Harrison Former Executive Vice President RFG Prepared | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Ronald Araiza Executive Vice President Fresh Foods | ◇ | — | — | — | — | — | ◇ | ◇ |
Michael Browne Executive Vice President Sales and Operations | ◇ | — | — | — | — | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Ronald Araiza Executive Vice President Fresh Foods | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
Michael Browne Executive Vice President Sales and Operations | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
Shawn Munsell Former Chief Financial Officer Departed during or after this year | ◇ | — | — | — | — | — | ◇ | ◇ |
Paul Harrison Former Executive Vice President RFG Prepared Departed during or after this year | ◇ | — | — | — | — | — | ◇ | ◇ |
Lecil Cole Chief Executive Officer | ◇ | — | — | — | — | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2023
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Brian Kocher | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Brian Kocher | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Danny Dumas | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Danny Dumas | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Graciela Montgomery | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Graciela Montgomery | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Helen Kurtz | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Helen Kurtz | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Lecil Cole | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Paul Harrison | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Paul Harrison | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Shawn Munsell | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Shawn Munsell | RSU | ◇ | — | — | ◇ | — | — | ◇ |
Fiscal 2022 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2024 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Shawn Munsell | RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2024
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Kathleen M. Holmgren | ◇ | ◇ | — | — | — | — | ◇ |
Steven Hollister | ◇ | ◇ | — | — | — | — | ◇ |
James Helin | ◇ | ◇ | — | — | — | — | ◇ |
Michael A. DiGregorio | ◇ | ◇ | — | — | — | — | ◇ |
Adriana Mendizabal | ◇ | ◇ | — | — | — | — | ◇ |
Marc L. Brown | ◇ | ◇ | — | — | — | — | ◇ |
Farha Aslam | ◇ | ◇ | — | — | — | — | ◇ |
J. Link Leavens | ◇ | ◇ | — | — | — | — | ◇ |
B. John Lindeman | ◇ | ◇ | ◇ | — | — | — | ◇ |
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Total board retainer | ◇ |
| Board chair premium | ◇ |
| Audit committee chair | ◇ |
| Audit committee member | ◇ |
| Compensation committee chair | ◇ |
| Compensation committee member | ◇ |
| Nominating and governance chair | ◇ |
| Nominating and governance member | ◇ |
Equity is delivered as restricted stock units.
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2024
- BRC Inc. RILY
- Bridgford Foods Corporation BRID
- John B. Sanfilippo & Son, Inc. JBSS
- Limoneira Company LMNR
- MGP Ingredients, Inc. MGPI
- Mission Produce, Inc. AVO
- SunOpta Inc. STKL
- The Duckhorn Portfolio, Inc. NAPA
- The Vita Coco Company, Inc. COCO
- Tootsie Roll Industries, Inc. TR
- Utz Brands, Inc. UTZ
- Vital Farms, Inc. VITL
- Westrock Coffee Company WEST
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2024 | April 23, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | April 24, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | April 26, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | April 27, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | April 21, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | April 22, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | April 24, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | April 25, 2018 | = | ◇ | ◇ | ◇ |
| 2016 | April 26, 2017 | = | ◇ | ◇ | ◇ |
| 2015 | April 27, 2016 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
Ask our research desk — $99, 24h, every figure cited to its filing.
Sample answer — “What is the CEO’s total compensation?”
- Lecil Cole (Chief Executive Officer), FY2024 total compensation $77,760 (base salary $66,160) [exec_comp, SEC accession 0001104659-25-019004, filed 2025-02-28]What this page does not include
Everything above is a fact Calavo Growers disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Calavo Growers sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $500Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
225 figures on this page: 215 cited to the filing that reported them, 10 calculated from figures it prints.
215 cited to the filing
10 calculated from the filing
Documents cited
- 0001104659-25-040249
- 0001104659-25-019004
- 0001558370-24-005899Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001558370-24-002018
- 0001558370-23-007253Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001558370-23-002314
- 0001558370-22-006473Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001558370-21-004806
- 0001558370-20-004352Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-19-122022Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-18-135012Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-17-143074Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-16-572783Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Calavo Growers executive compensation, FY2022–FY2024.” https://intel.velarion.ai/comp/CVGW (accessed 2026).
Short form: data: Velarion
The paid brief for Calavo Growers
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$500 for the Executive Compensation Report. Both reports for $900.
13 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Calavo Growers discloses
The companies named in CVGW's own disclosed peer group.
Terms on this page
Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}