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Tejon Ranch Company Appoints Matthew Walker as New CEO

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Tejon Ranch Company Appoints Matthew Walker as New CEO

Tejon Ranch Company ( (TRC) ) has issued an announcement.

On February 11, 2025, Tejon Ranch Company announced the appointment of Matthew Walker as the new President and CEO, effective March 31, 2025, succeeding Gregory S. Bielli who is retiring. Walker, with a 24-year career in real estate at Lowe Enterprises, brings extensive experience in resort and residential development, which will be crucial for Tejon Ranch’s future growth. The company plans to build on the success of its Tejon Ranch Commerce Center and its master planned communities, aiming to provide economic development opportunities and shareholder value.

More about Tejon Ranch Company

Tejon Ranch Company is a diversified real estate development and agribusiness firm. Their primary asset is a 270,000-acre land holding located approximately 60 miles north of Los Angeles and 30 miles south of Bakersfield.

YTD Price Performance: 3.54%

Average Trading Volume: 89,563

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $436.9M

See more insights into TRC stock on TipRanks’ Stock Analysis page.

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