On January 24, 2013, the board of directors of Calavo Growers Inc. appointed Michael A. DiGregorio to fill the board position vacated by Mr. Alva Snider, who passed away in May 2012. Mr. DiGregorio has spent many years in senior financial and operating capacities in domestic and international markets. A CPA by background, he has been CFO of public and private companies, and also as president of two large organizations.

Under applicable Nasdaq rules, Mr. DiGregorio is considered independent.