STOCK TITAN

New Director to Join Tejon Ranch Co. Board

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management

Directors vote to add land use attorney Susan K. Hori

TEJON RANCH, Calif., Sept. 24, 2021 (GLOBE NEWSWIRE) -- Tejon Ranch Co. (NYSE: TRC) today announced the addition of Susan K. Hori to the Board of Directors of Tejon Ranch Co. She will join the Board effective December 1, 2021.

Ms. Hori is a partner and land use attorney with Manatt, Phelps & Phillips, LLP, where she also serves as the head of the Firm’s Orange County office. Her practice focuses on obtaining land use development entitlements for landowners and developers, including local land use approvals, California Environmental Quality Act (CEQA) compliance, and state and federal regulatory agency permits for real estate development projects.

“We are very pleased to have Susan Hori join our Board of Directors,” said Gregory S. Bielli, president and CEO of Tejon Ranch Co. “She has extensive experience and a distinguished legal career, and undoubtedly will be a tremendous asset for Tejon Ranch Co. as a member of the board.”

The hallmark of Susan’s practice is her track record of success in navigating the complex process of multiagency permits and approvals. Her clients include landowners, financial institutions, developers and builders in the residential, retail, hotel/resort, and commercial and industrial development industries.

“I’m honored to join the Tejon Ranch Co. Board of Directors,” said Hori. “The 270,000-acre Tejon Ranch is vitally important as a housing and job creator for California, and I look forward to joining with other board members to guide the Company as it unlocks the value inherent in the land for the benefit of its shareholders and stakeholders.”

Ms. Hori graduated magna cum laude from the University of Washington and earned her law degree at the University of California, Berkeley. Prior to entering private practice, Susan clerked for the Alaska Supreme Court and served as an attorney with the Solicitor’s Office in the Department of the Interior in Washington, D.C., where she represented the U.S. Fish and Wildlife Service.

In addition to Hori, the members of the Tejon Ranch Co. Board of Directors include Board Chairman, Norman J. Metcalfe, and directors Steven A. Betts, Gregory S. Bielli, Jean Fuller, Anthony Leggio, Frawn Morgan, Geoffrey L. Stack, Daniel R. Tisch, and Michael H. Winer.

About Tejon Ranch Company (NYSE: TRC)
Tejon Ranch Company is a diversified real estate development and agribusiness company, whose principal asset is its 270,000-acre land holding located approximately 60 miles north of Los Angeles and 30 miles south of Bakersfield. For more information on the company, visit www.tejonranch.com.

CONTACT:

Barry Zoeller
Senior Vice President, Corporate Communications & Investor Relations
(661) 663-4212
bzoeller@tejonranch.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/80045676-f4be-42d4-bd83-ed5f10d62314



Tejon Ranch Co.

NYSE:TRC

TRC Rankings

TRC Latest News

TRC Stock Data

481.82M
20.84M
8.33%
61.37%
0.61%
Lessors of Residential Buildings and Dwellings
Real Estate and Rental and Leasing
Link
United States of America
LEBEC

About TRC

at nearly 270,000 acres, the historic tejon ranch is the largest contiguous expanse of private land in california. its 422 square miles make it about as large as the city of los angeles and about 40% the size of rhode island. the property is located along interstate 5, approximately 60 miles north of los angeles and 30 miles south of bakersfield. tejon ranch was founded in 1843 as a mexican land grant. in the decades that followed, the ranch grew in size as additional land grants were purchased by tejon’s founder, general edward fitzgerald beale, a historic figure in early california. today, the 270,000-acre ranch is the principal asset of tejon ranch company, which was incorporated in 1936. the company’s stock is traded on the new york stock exchange under the symbol trc.