Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) On January 09, 2023, R. Greg Eisner informed Alico, Inc. (the "Company") that he will not stand for re-election to the Company's Board of Directors (the "Board") at the Company's 2023 annual meeting of shareholders (the "2023 Annual Meeting"), which is expected to take place on February 23, 2023. Mr. Eisner will continue to serve as a member of the Board until the 2023 Annual


--------------------------------------------------------------------------------

Meeting, when his current term as a director will expire. Mr. Eisner's decision not to stand for re-election to the Board was not a result of any disagreement with the Company but is related to a need to dedicate additional time and focus to his other business activities, which have grown considerably since the initiation of his Board affiliation in 2013.

© Edgar Online, source Glimpses