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Alico Inc. names new chief executive officer

Naples Daily News – July 1, 2008

Dan L. Gunter has been named chief executive officer of Alico Inc. in LaBelle.

Gunter had been serving as the land management company’s president and chief operating officer. The change takes effect today.

Gunter succeeds John R. Alexander, who became the CEO on February 2005 and is retiring.

Alexander will continue to serve as board chairman for Alico. In a news announcement, he called Gunter “the perfect choice to lead” the company forward.

Gunter joined Alico on April 17, 2006. He was previously the director of the Florida Department of Citrus.

He worked as an executive for Lykes Bros. Inc. and its subsidiary Vitality Beverages Inc., with a focus on sales and marketing management. He was also an assistant and associate professor in the Food and Resource Economics Department at the University of Florida.

“I am honored by this opportunity and look forward to continuing to work for the shareholders in order to maximize profits and persist in the exploration of opportunities for diversification. Alico’s reputation, financial strength and employees are well positioned for growth and building shareholder value,” Gunter said in a company statement.

Alico owns approximately 135,500 acres in Collier, Glades, Hendry, Lee and Polk counties. The company is involved in various agricultural operations and real estate activities.

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