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LABELLE — Alico Inc. announced that its chief financial officer, Scott Whitney, has resigned. His resignation will become effective once Alico files its quarterly financial statement, or when a replacement is identified, whichever occurs first.
Whitney is resigning for personal reasons, a prepared statement says.
If a successor is not named by the time Alico files its next quarterly statement with the SEC, Alico will make current treasurer Steven Lewis its interim CFO. Lewis formerly served as chief financial officer at WilsonMiller Inc. in Naples.
Alico Inc. is a land management firm based in La Belle. The company owns nearly 140,000 acres of land in Southwest Florida. Its most recently reported quarterly revenues were $16.6 million. On Friday, the company's stock closed at $25.45 a share, up 6.75% so far in 2011.
Last month, the Internal Revenue Service claimed that Alico owes the federal government nearly $27 million in unpaid taxes from business operations taking place between 2005 and 2007.
On April 1, the company bought Colonial Bank's headquarters for $2.3 million.
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