Tejon Ranch
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Glenbrook Seeks Answers in Tejon CFO’s Sudden Exit
Glenbrook Capital, a Tejon Ranch shareholder, is questioning the sudden departure of CFO Brett Brown, citing a lack of transparency from the board. Glenbrook’s Chairman, Grover Wickersham, expressed concerns over the inadequate disclosure surrounding Brown’s exit, urging independent directors to provide a full explanation. The fund also reiterates its support for a shareholder proposal allowing shareholders owning 10% of shares to call a special meeting, aiming to restore trust and accountability.
