The Company was notified Friday (8 June) that its Chairman and CEO, Ben Hill Griffen, III, is taking a medical leave of absence. The Company supports his decision and wishes him well. In the interim period, until his return, his duties will be apportioned among the existing management team and members of the Board.

Alico, Inc. (Nasdaq:ALCO) is an agribusiness company, primarily engaged in the production of cirtus, cattle, sugarcane, sod and forest products